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2023
Exports $51.5MWorld Rnk 54 / 149
Flag Rnk 330 / 1207
2023
Destination $6.88M Paraguay
2022 - 2023
FASTEST GROWING MARKET $6.88MGuyana
2023
PRODUCT COMPLEXITY IN Nitrogenous Fertilizers-1.31Rnk 901 / 1025
2023
Imports $4.35BWorld Rnk 1 / 209
Flag Rnk 13 / 1200
2023
Origin $46.1M China
2022 - 2023
FASTEST GROWING ORIGIN $46.1MVenezuela
2023
ECONOMIC COMPLEXITY of Brazil0.31Rnk 49 / 132

About

Exports In 2023, Brazil exported $51.5M in Nitrogenous Fertilizers, making it the 54th largest exporter of Nitrogenous Fertilizers in the world. At the same year, Nitrogenous Fertilizers was the 330th most exported product in Brazil. The main destination of Nitrogenous Fertilizers exports from Brazil are: Paraguay ($30.6M), Guyana ($7.57M), Uruguay ($3.32M), Argentina ($2.59M), and Bolivia ($1.62M).

The fastest growing export markets for Nitrogenous Fertilizers of Brazil between 2022 and 2023 were Guyana ($6.88M), Canada ($1.31M), and Bolivia ($671k).

Imports In 2023, Brazil imported $4.35B in Nitrogenous Fertilizers, becoming the 1st largest importer of Nitrogenous Fertilizers in the world. At the same year, Nitrogenous Fertilizers was the 13th most imported product in Brazil. Brazil imports Nitrogenous Fertilizers primarily from: China ($1.08B), Russia ($624M), Oman ($605M), Qatar ($530M), and Nigeria ($413M).

The fastest growing import markets in Nitrogenous Fertilizers for Brazil between 2022 and 2023 were Venezuela ($46.1M), Trinidad and Tobago ($25.5M), and Uzbekistan ($18.8M).

COMPANIES In 2024, leading companies such as JBS Foods (1) were at the forefront of shipping Nitrogenous Fertilizers from Brazil to the United States.

Latest Trends

December 2024

About

Overview In December 2024 Brazil's Nitrogenous Fertilizers exports accounted up to $4.2M and imports accounted up to $451M, resulting in a negative trade balance of $447M. Between December 2023 and December 2024 the exports of Brazil's   Nitrogenous Fertilizers have decreased by $-1.48M (-26%) from $5.68M to $4.2M, while imports decreased by $-50.3M (-10%) from $501M to $451M.

Destinations In December 2024, Nitrogenous Fertilizers were exported mostly to Paraguay ($3.01M), Uruguay ($674k), Bolivia ($279k), Mexico ($73.5k), and Democratic Republic of the Congo ($61.6k), and were imported mostly from China ($161M), Russia ($91.6M), Nigeria ($55.4M), Oman ($43.7M), and Qatar ($37.3M).

Growth In December 2024, the decrease in Nitrogenous Fertilizers's year-by-year exports was explained primarily by a decrease in exports to Paraguay ($-2.21M or -40.1%) and Guyana ($-42.8k or -54.4%). In December 2024, the decrease in Nitrogenous Fertilizers's year-by-year imports was explained primarily by a decrease in imports from Oman ($-63.8M or -69.3%), Russia ($-42.6M or -62.6%), and Algeria ($-19.3M or -66.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$-1.48M(-26%)
IMPORT GROWTH (December 2023 - December 2024)$-50.3M(-10%)
MAIN EXPORTER (December 2024)São Paulo$3.49M
MAIN DESTINATION (December 2024)Paraguay$3.01M

This section shows Nitrogenous Fertilizers's exports and imports data at subnational level for Brazil. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Nitrogenous Fertilizers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$51.5M
IMPORTS (2023)$4.35B
NET TRADE (2023)-$4.3B

In 2023, Brazil exported $51.5M in Nitrogenous Fertilizers. The main destinations of Brazil exports on Nitrogenous Fertilizers were Paraguay ($30.6M), Guyana ($7.57M), Uruguay ($3.32M), Argentina ($2.59M), and Bolivia ($1.62M).

In 2023, Brazil imported $4.35B in Nitrogenous Fertilizers, mainly from China ($1.08B), Russia ($624M), Oman ($605M), Qatar ($530M), and Nigeria ($413M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Nitrogenous Fertilizers EXPORT MARKETS FOR Brazil WERE (2022 - 2023):
Guyana$6.88M (1.01k%)
Canada$1.31M (9.99k%)
Bolivia$671k (70.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nitrogenous Fertilizers BY Brazil WERE (2022 - 2023):
Argentina-$17.4M (-87%)
United Kingdom-$14.4M (-99.6%)
Paraguay-$4.93M (-13.9%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Brazil's main exporting competitors in Nitrogenous Fertilizers were:
Russia $5.34B
China $5.05B
Oman $2.61B
In 2023, Brazil's main importing competitors in Nitrogenous Fertilizers were:
India $3.85B
United States $3.67B

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Trade Value of Nitrogenous Fertilizers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALArgentina+ $5.58M
TOP IMPORT POTENTIALSaudi Arabia+ $93.8M

Nitrogenous Fertilizers’s highest export potential is Argentina. With an export gap of $5.58M.   Nitrogenous Fertilizers’s highest import potential is Saudi Arabia with an import gap of $93.8M.

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