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2022
Exports $3.79MWorld Rnk 106 / 160
Flag Rnk 742 / 1206
2022
Destination $2.48M Trinidad and Tobago
2021 - 2022
FASTEST GROWING MARKET $2.48MTrinidad and Tobago
2022
PRODUCT COMPLEXITY IN Petroleum Gas-1.98Rnk 1000 / 1025
2022
Imports $5.17BWorld Rnk 23 / 222
Flag Rnk 8 / 1198
2022
Origin $364M United States
2021 - 2022
FASTEST GROWING ORIGIN $364MBolivia
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $3.79M in Petroleum Gas, making it the 106th largest exporter of Petroleum Gas in the world. At the same year, Petroleum Gas was the 742nd most exported product in Brazil. The main destination of Petroleum Gas exports from Brazil are: Trinidad and Tobago ($2.48M), United States ($1.11M), India ($77.9k), France ($40.2k), and Nicaragua ($40.1k).

The fastest growing export markets for Petroleum Gas of Brazil between 2021 and 2022 were Trinidad and Tobago ($2.48M), India ($77.9k), and Nicaragua ($40.1k).

Imports In 2022, Brazil imported $5.17B in Petroleum Gas, becoming the 23rd largest importer of Petroleum Gas in the world. At the same year, Petroleum Gas was the 8th most imported product in Brazil. Brazil imports Petroleum Gas primarily from: United States ($2.65B), Bolivia ($1.66B), Argentina ($446M), Qatar ($175M), and Spain ($61.3M).

The fastest growing import markets in Petroleum Gas for Brazil between 2021 and 2022 were Bolivia ($364M), Argentina ($247M), and Spain ($61.3M).

Latest Trends

August 2024

About

Overview In August 2024 Brazil's Petroleum Gas exports accounted up to $138 and imports accounted up to $483M, resulting in a negative trade balance of $483M. Between August 2023 and August 2024 the exports of Brazil's   Petroleum Gas have decreased by $-9.92M (-100%) from $9.92M to $138, while imports increased by $342M (242%) from $141M to $483M.

Destinations In August 2024, Petroleum Gas were exported mostly to Panama ($103), Liberia ($25), Marshall Islands ($7), and Cyprus ($3), and were imported mostly from United States ($282M), Qatar ($94.6M), Bolivia ($94M), Argentina ($12.7M), and Switzerland ($5.14k).

Growth In August 2024, the decrease in Petroleum Gas's year-by-year exports was explained primarily by a decrease in exports to . In August 2024, the increase in Petroleum Gas's year-by-year imports was explained primarily by an increase in imports from Argentina ($23M or 120%), Bolivia ($22.6M or 19.4%), and Germany ($25.8k or 85.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$-9.92M(-100%)
IMPORT GROWTH (August 2023 - August 2024)$342M(242%)
MAIN EXPORTER (August 2024)Bahia$520k
MAIN DESTINATION (August 2024)Panama$103

This section shows Petroleum Gas'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 Petroleum Gas over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.79M
IMPORTS (2022)$5.17B
NET TRADE (2022)-$5.17B

In 2022, Brazil exported $3.79M in Petroleum Gas. The main destinations of Brazil exports on Petroleum Gas were Trinidad and Tobago ($2.48M), United States ($1.11M), India ($77.9k), France ($40.2k), and Nicaragua ($40.1k).

In 2022, Brazil imported $5.17B in Petroleum Gas, mainly from United States ($2.65B), Bolivia ($1.66B), Argentina ($446M), Qatar ($175M), and Spain ($61.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum Gas EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Trinidad and Tobago$2.48M (1%)
India$77.9k (1%)
Nicaragua$40.1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Gas BY Brazil WERE (2021 - 2022):
France-$20.4M (-99.8%)
Jamaica-$13.2M (-100%)
South Korea-$2.98M (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Petroleum Gas were:
Norway $154B
United States $116B
Russia $71.5B
In 2022, Brazil's main importing competitors in Petroleum Gas were:
Germany $98B
China $72.7B
Italy $67.6B

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Trade Value of Petroleum Gas by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.68M
TOP IMPORT POTENTIALQatar+ $161M

Petroleum Gas’s highest export potential is United States. With an export gap of $2.68M.   Petroleum Gas’s highest import potential is Qatar with an import gap of $161M.

See methodology.

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