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2023
Exports $20.8MWorld Rnk 33 / 155
Flag Rnk 481 / 1207
2023
Destination $437k Argentina
2022 - 2023
FASTEST GROWING MARKET $437kArgentina
2023
PRODUCT COMPLEXITY IN Other Vegetable Oils-1.29Rnk 898 / 1025
2023
Imports $31.4MWorld Rnk 39 / 217
Flag Rnk 546 / 1200
2023
Origin $2.61M Malaysia
2022 - 2023
FASTEST GROWING ORIGIN $2.61MIndia
2023
ECONOMIC COMPLEXITY of Brazil0.31Rnk 49 / 132

About

Exports In 2023, Brazil exported $20.8M in Other Vegetable Oils, making it the 33rd largest exporter of Other Vegetable Oils in the world. At the same year, Other Vegetable Oils was the 481st most exported product in Brazil. The main destination of Other Vegetable Oils exports from Brazil are: Argentina ($8.15M), Uruguay ($7.69M), Paraguay ($1.33M), United States ($917k), and Trinidad and Tobago ($681k).

The fastest growing export markets for Other Vegetable Oils of Brazil between 2022 and 2023 were Argentina ($437k), Trinidad and Tobago ($342k), and Peru ($234k).

Imports In 2023, Brazil imported $31.4M in Other Vegetable Oils, becoming the 39th largest importer of Other Vegetable Oils in the world. At the same year, Other Vegetable Oils was the 546th most imported product in Brazil. Brazil imports Other Vegetable Oils primarily from: Malaysia ($11.3M), Indonesia ($6.07M), India ($3.27M), United States ($3.06M), and Ecuador ($1.5M).

The fastest growing import markets in Other Vegetable Oils for Brazil between 2022 and 2023 were India ($2.61M), Malaysia ($2.51M), and China ($1.13M).

Latest Trends

December 2024

About

Overview In December 2024 Brazil's Other Vegetable Oils exports accounted up to $2.15M and imports accounted up to $3.81M, resulting in a negative trade balance of $1.66M. Between December 2023 and December 2024 the exports of Brazil's   Other Vegetable Oils have increased by $246k (12.9%) from $1.9M to $2.15M, while imports increased by $1.73M (83.1%) from $2.08M to $3.81M.

Destinations In December 2024, Other Vegetable Oils were exported mostly to Argentina ($1.01M), Uruguay ($619k), Colombia ($246k), United States ($85.2k), and Paraguay ($75.9k), and were imported mostly from Chile ($1.06M), Malaysia ($995k), Indonesia ($779k), China ($474k), and United States ($213k).

Growth In December 2024, the increase in Other Vegetable Oils's year-by-year exports was explained primarily by an increase in exports to Paraguay ($62.7k or 101%), Chile ($4.53k or 26.6%), and Panama ($41 or 37.3%). In December 2024, the increase in Other Vegetable Oils's year-by-year imports was explained primarily by an increase in imports from Singapore ($58.5k or 220%), Colombia ($21.4k or 18.8%), and France ($1.06k or 4.18%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$246k(12.9%)
IMPORT GROWTH (December 2023 - December 2024)$1.73M(83.1%)
MAIN EXPORTER (December 2024)São Paulo$2.23M
MAIN DESTINATION (December 2024)Argentina$1.01M

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 (2023)$20.8M
IMPORTS (2023)$31.4M
NET TRADE (2023)-$10.6M

In 2023, Brazil exported $20.8M in Other Vegetable Oils. The main destinations of Brazil exports on Other Vegetable Oils were Argentina ($8.15M), Uruguay ($7.69M), Paraguay ($1.33M), United States ($917k), and Trinidad and Tobago ($681k).

In 2023, Brazil imported $31.4M in Other Vegetable Oils, mainly from Malaysia ($11.3M), Indonesia ($6.07M), India ($3.27M), United States ($3.06M), and Ecuador ($1.5M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Vegetable Oils EXPORT MARKETS FOR Brazil WERE (2022 - 2023):
Argentina$437k (5.66%)
Trinidad and Tobago$342k (101%)
Peru$234k (133%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Vegetable Oils BY Brazil WERE (2022 - 2023):
Uruguay-$2.85M (-27.1%)
Colombia-$541k (-64.1%)
Bolivia-$429k (-89.7%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Brazil's main exporting competitors in Other Vegetable Oils were:
Indonesia $1.42B
Malaysia $1.08B
Netherlands $354M
In 2023, Brazil's main importing competitors in Other Vegetable Oils were:
China $947M
Malaysia $244M
Netherlands $213M

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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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