2023
Exports
$240MWorld Rnk 15 / 149
Flag Rnk 125 / 1207
2023
PRODUCT COMPLEXITY IN Other Steel Bars
0.32Rnk 450 / 1025
2023
Imports
$211MWorld Rnk 21 / 213
Flag Rnk 200 / 1200
2023
ECONOMIC COMPLEXITY of Brazil
0.31Rnk 49 / 132

About

Exports In 2023, Brazil exported $240M in Other Steel Bars, making it the 15th largest exporter of Other Steel Bars in the world. At the same year, Other Steel Bars was the 125th most exported product in Brazil. The main destination of Other Steel Bars exports from Brazil are: United States ($51.8M), Argentina ($47.8M), Germany ($36.7M), Mexico ($26.2M), and Jamaica ($21M).

The fastest growing export markets for Other Steel Bars of Brazil between 2022 and 2023 were Netherlands ($12.3M), Jamaica ($11.6M), and Germany ($7.97M).

Imports In 2023, Brazil imported $211M in Other Steel Bars, becoming the 21st largest importer of Other Steel Bars in the world. At the same year, Other Steel Bars was the 200th most imported product in Brazil. Brazil imports Other Steel Bars primarily from: China ($88.1M), Italy ($21.7M), Argentina ($18.5M), Germany ($15.6M), and Turkey ($10.6M).

The fastest growing import markets in Other Steel Bars for Brazil between 2022 and 2023 were India ($4.76M), Argentina ($3.33M), and Turkey ($2.72M).

Latest Trends

January 2025

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2024 - January 2025)$-2.24M(-15.8%)
IMPORT GROWTH (January 2024 - January 2025)$921k(5.08%)
MAIN EXPORTER (January 2025)Rio Grande Do Sul$6.31M
MAIN DESTINATION (January 2025)Mexico$2.82M

This section shows Other Steel 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 Steel Bars over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$240M
IMPORTS (2023)$211M
NET TRADE (2023)$29.3M

In 2023, Brazil exported $240M in Other Steel Bars. The main destinations of Brazil exports on Other Steel Bars were United States ($51.8M), Argentina ($47.8M), Germany ($36.7M), Mexico ($26.2M), and Jamaica ($21M).

In 2023, Brazil imported $211M in Other Steel Bars, mainly from China ($88.1M), Italy ($21.7M), Argentina ($18.5M), Germany ($15.6M), and Turkey ($10.6M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Steel Bars EXPORT MARKETS FOR Brazil WERE (2022 - 2023):
Netherlands$12.3M (1.44k%)
Jamaica$11.6M (123%)
Germany$7.97M (27.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Steel Bars BY Brazil WERE (2022 - 2023):
Peru-$9.95M (-87%)
Mexico-$6.22M (-19.2%)
South Korea-$1.96M (-79.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Brazil's main exporting competitors in Other Steel Bars were:
China $3.16B
Germany $1.62B
Japan $940M
In 2023, Brazil's main importing competitors in Other Steel Bars were:

Explore Visualizations

Trade Value of Other Steel Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $11.3M
TOP IMPORT POTENTIALChina+ $8.38M

Other Steel Bars’s highest export potential is United States. With an export gap of $11.3M.   Other Steel Bars’s highest import potential is China with an import gap of $8.38M.

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