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2022
Exports $2.44BWorld Rnk 7 / 125
Flag Rnk 24 / 1206
2022
Destination $107M China
2021 - 2022
FASTEST GROWING MARKET $107MPhilippines
2022
PRODUCT COMPLEXITY IN Pig Meat0.68Rnk 284 / 1025
2022
Imports $17.7MWorld Rnk 74 / 218
Flag Rnk 666 / 1198
2022
Origin $95.3k Singapore
2021 - 2022
FASTEST GROWING ORIGIN $95.3kNetherlands
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $2.44B in Pig Meat, making it the 7th largest exporter of Pig Meat in the world. At the same year, Pig Meat was the 24th most exported product in Brazil. The main destination of Pig Meat exports from Brazil are: China ($1.05B), Hong Kong ($191M), Philippines ($173M), Chile ($138M), and Singapore ($132M).

The fastest growing export markets for Pig Meat of Brazil between 2021 and 2022 were Philippines ($107M), Thailand ($47.6M), and Japan ($40.8M).

Imports In 2022, Brazil imported $17.7M in Pig Meat, becoming the 74th largest importer of Pig Meat in the world. At the same year, Pig Meat was the 666th most imported product in Brazil. Brazil imports Pig Meat primarily from: Singapore ($17.4M), Italy ($118k), Netherlands ($95.3k), United States ($50.4k), and United Kingdom ($24.9k).

The fastest growing import markets in Pig Meat for Brazil between 2021 and 2022 were Netherlands ($95.3k), United Kingdom ($24.9k), and United States ($9.35k).

COMPANIES In 2023, leading companies such as JBS Foods (25) were at the forefront of shipping Pig Meat from Brazil to the United States.

Latest Trends

October 2024

About

Overview In October 2024 Brazil's Pig Meat exports accounted up to $295M and imports accounted up to $11.7k, resulting in a positive trade balance of $295M. Between October 2023 and October 2024 the exports of Brazil's   Pig Meat have increased by $106M (56.1%) from $189M to $295M, while imports increased by $9.45k (424%) from $2.23k to $11.7k.

Destinations In October 2024, Pig Meat were exported mostly to Philippines ($83.3M), China ($39.4M), Japan ($35.1M), Chile ($23.5M), and Mexico ($19.2M), and were imported mostly from .

Growth In October 2024, the increase in Pig Meat's year-by-year exports was explained primarily by an increase in exports to China ($39M or 62.1%), Chile ($6.61M or 78%), and Singapore ($3.91M or 49.1%). In March 2024, the increase in Pig Meat's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$106M(56.1%)
IMPORT GROWTH (March 2017 - March 2024)$9.45k(424%)
MAIN EXPORTER (October 2024)Santa Catarina$165M
MAIN DESTINATION (October 2024)Philippines$83.3M

This section shows Pig Meat'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 Pig Meat over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.44B
IMPORTS (2022)$17.7M
NET TRADE (2022)$2.42B

In 2022, Brazil exported $2.44B in Pig Meat. The main destinations of Brazil exports on Pig Meat were China ($1.05B), Hong Kong ($191M), Philippines ($173M), Chile ($138M), and Singapore ($132M).

In 2022, Brazil imported $17.7M in Pig Meat, mainly from Singapore ($17.4M), Italy ($118k), Netherlands ($95.3k), United States ($50.4k), and United Kingdom ($24.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pig Meat EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Philippines$107M (163%)
Thailand$47.6M (876%)
Japan$40.8M (67%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pig Meat BY Brazil WERE (2021 - 2022):
China-$233M (-18.1%)
Hong Kong-$76.1M (-28.5%)
Chile-$13M (-8.56%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Pig Meat were:
Spain $5.92B
United States $5.38B
Germany $3.8B
In 2022, Brazil's main importing competitors in Pig Meat were:
China $4.34B
Japan $4.03B
Italy $2.33B

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Trade Value of Pig Meat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $52.1M
TOP IMPORT POTENTIALNetherlands+ $328k

Pig Meat’s highest export potential is United States. With an export gap of $52.1M.   Pig Meat’s highest import potential is Netherlands with an import gap of $328k.

See methodology.

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