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2022
Exports $24.6MWorld Rnk 31 / 153
Flag Rnk 454 / 1206
2022
Destination $6.12M Uruguay
2021 - 2022
FASTEST GROWING MARKET $6.12MArgentina
2022
PRODUCT COMPLEXITY IN Other Vegetable Oils-1.26Rnk 899 / 1025
2022
Imports $29.7MWorld Rnk 44 / 214
Flag Rnk 564 / 1198
2022
Origin $2.51M Malaysia
2021 - 2022
FASTEST GROWING ORIGIN $2.51MMalaysia
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $24.6M in Other Vegetable Oils, making it the 31st largest exporter of Other Vegetable Oils in the world. At the same year, Other Vegetable Oils was the 454th most exported product in Brazil. The main destination of Other Vegetable Oils exports from Brazil are: Uruguay ($10.2M), Argentina ($7.98M), United States ($2.07M), Paraguay ($1.26M), and Colombia ($774k).

The fastest growing export markets for Other Vegetable Oils of Brazil between 2021 and 2022 were Argentina ($6.12M), Uruguay ($5.07M), and United States ($1.16M).

Imports In 2022, Brazil imported $29.7M in Other Vegetable Oils, becoming the 44th largest importer of Other Vegetable Oils in the world. At the same year, Other Vegetable Oils was the 564th most imported product in Brazil. Brazil imports Other Vegetable Oils primarily from: Malaysia ($10M), Indonesia ($7.6M), United States ($4.38M), Ecuador ($2.32M), and Germany ($1.18M).

The fastest growing import markets in Other Vegetable Oils for Brazil between 2021 and 2022 were Malaysia ($2.51M), Ecuador ($1.3M), and United States ($1.06M).

Latest Trends

September 2024

About

Overview In September 2024 Brazil's Other Vegetable Oils exports accounted up to $1.39M and imports accounted up to $2.24M, resulting in a negative trade balance of $855k. Between September 2023 and September 2024 the exports of Brazil's   Other Vegetable Oils have increased by $550k (65.5%) from $840k to $1.39M, while imports increased by $303k (15.6%) from $1.94M to $2.24M.

Destinations In September 2024, Other Vegetable Oils were exported mostly to Uruguay ($692k), Argentina ($313k), Paraguay ($107k), United States ($96k), and Colombia ($65.2k), and were imported mostly from Chile ($512k), India ($460k), Malaysia ($450k), Indonesia ($297k), and United States ($250k).

Growth In September 2024, the increase in Other Vegetable Oils's year-by-year exports was explained primarily by an increase in exports to Argentina ($483k or 166%), Paraguay ($48.8k or 367%), and Colombia ($46.1k or 158%). In September 2024, the increase in Other Vegetable Oils's year-by-year imports was explained primarily by an increase in imports from Malaysia ($652k or 172%), Indonesia ($600k or 93.5%), and United States ($568k or 672%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$550k(65.5%)
IMPORT GROWTH (September 2023 - September 2024)$303k(15.6%)
MAIN EXPORTER (September 2024)São Paulo$2.23M
MAIN DESTINATION (September 2024)Uruguay$692k

This section shows Other Vegetable Oils'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 Vegetable Oils over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$24.6M
IMPORTS (2022)$29.7M
NET TRADE (2022)-$5.12M

In 2022, Brazil exported $24.6M in Other Vegetable Oils. The main destinations of Brazil exports on Other Vegetable Oils were Uruguay ($10.2M), Argentina ($7.98M), United States ($2.07M), Paraguay ($1.26M), and Colombia ($774k).

In 2022, Brazil imported $29.7M in Other Vegetable Oils, mainly from Malaysia ($10M), Indonesia ($7.6M), United States ($4.38M), Ecuador ($2.32M), and Germany ($1.18M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Vegetable Oils EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Argentina$6.12M (328%)
Uruguay$5.07M (99.1%)
United States$1.16M (129%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Vegetable Oils BY Brazil WERE (2021 - 2022):
Paraguay-$641k (-33.7%)
Trinidad and Tobago-$317k (-46%)
Chile-$258k (-68%)
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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 Vegetable Oils were:
Malaysia $1.66B
Indonesia $1.52B
Netherlands $424M
In 2022, Brazil's main importing competitors in Other Vegetable Oils were:
China $786M
Netherlands $515M
United States $325M

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Trade Value of Other Vegetable Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.76M
TOP IMPORT POTENTIALIndonesia+ $3.6M

Other Vegetable Oils’s highest export potential is United States. With an export gap of $1.76M.   Other Vegetable Oils’s highest import potential is Indonesia with an import gap of $3.6M.

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