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2022
Exports $10.5MWorld Rnk 39 / 148
Flag Rnk 592 / 1206
2022
Destination $609k Mexico
2021 - 2022
FASTEST GROWING MARKET $609kMexico
2022
PRODUCT COMPLEXITY IN Other Iron Bars-0.18Rnk 608 / 1025
2022
Imports $27MWorld Rnk 34 / 213
Flag Rnk 592 / 1198
2022
Origin $1.99M Romania
2021 - 2022
FASTEST GROWING ORIGIN $1.99MItaly
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $10.5M in Other Iron Bars, making it the 39th largest exporter of Other Iron Bars in the world. At the same year, Other Iron Bars was the 592nd most exported product in Brazil. The main destination of Other Iron Bars exports from Brazil are: Mexico ($6.54M), Argentina ($2.21M), Paraguay ($1.14M), United Kingdom ($224k), and United States ($94k).

The fastest growing export markets for Other Iron Bars of Brazil between 2021 and 2022 were Mexico ($609k), Paraguay ($403k), and Argentina ($357k).

Imports In 2022, Brazil imported $27M in Other Iron Bars, becoming the 34th largest importer of Other Iron Bars in the world. At the same year, Other Iron Bars was the 592nd most imported product in Brazil. Brazil imports Other Iron Bars primarily from: Romania ($6.37M), Italy ($4.49M), France ($3.15M), Turkey ($2.76M), and India ($1.81M).

The fastest growing import markets in Other Iron Bars for Brazil between 2021 and 2022 were Italy ($1.99M), India ($1.57M), and Argentina ($1.31M).

Latest Trends

October 2024

About

Overview In October 2024 Brazil's Other Iron Bars exports accounted up to $321k and imports accounted up to $1.66M, resulting in a negative trade balance of $1.34M. Between October 2023 and October 2024 the exports of Brazil's   Other Iron Bars have decreased by $-575k (-64.2%) from $896k to $321k, while imports increased by $682k (69.8%) from $978k to $1.66M.

Destinations In October 2024, Other Iron Bars were exported mostly to Mexico ($156k), Paraguay ($68k), Argentina ($54.8k), United States ($30.7k), and Peru ($3.13k), and were imported mostly from Romania ($291k), Turkey ($269k), China ($268k), Italy ($262k), and Spain ($214k).

Growth In October 2024, the decrease in Other Iron Bars's year-by-year exports was explained primarily by a decrease in exports to Mexico ($-238k or -34.1%), Liberia ($-3.62k or -96.5%), and Belgium ($-494 or -58.3%). In October 2024, the increase in Other Iron Bars's year-by-year imports was explained primarily by an increase in imports from Romania ($129k or 61.2%), France ($118k or 75%), and Spain ($109k or 484%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$-575k(-64.2%)
IMPORT GROWTH (October 2023 - October 2024)$682k(69.8%)
MAIN EXPORTER (October 2024)São Paulo$568k
MAIN DESTINATION (October 2024)Mexico$156k

This section shows Other Iron Bars'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 Other Iron Bars over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$10.5M
IMPORTS (2022)$27M
NET TRADE (2022)-$16.5M

In 2022, Brazil exported $10.5M in Other Iron Bars. The main destinations of Brazil exports on Other Iron Bars were Mexico ($6.54M), Argentina ($2.21M), Paraguay ($1.14M), United Kingdom ($224k), and United States ($94k).

In 2022, Brazil imported $27M in Other Iron Bars, mainly from Romania ($6.37M), Italy ($4.49M), France ($3.15M), Turkey ($2.76M), and India ($1.81M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Iron Bars EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Mexico$609k (10.3%)
Paraguay$403k (54.7%)
Argentina$357k (19.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Iron Bars BY Brazil WERE (2021 - 2022):
Uruguay-$178k (-90.6%)
Bolivia-$16.5k (-40.2%)
India-$7.72k (-99.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Other Iron Bars were:
Italy $690M
Germany $402M
France $218M
In 2022, Brazil's main importing competitors in Other Iron Bars were:
Germany $608M
France $234M
Poland $204M

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Trade Value of Other Iron Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $235k
TOP IMPORT POTENTIALItaly+ $1.45M

Other Iron Bars’s highest export potential is United Kingdom. With an export gap of $235k.   Other Iron Bars’s highest import potential is Italy with an import gap of $1.45M.

See methodology.

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