Processed Crustaceans in Brazil | The Observatory of Economic Complexity

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Exports In 2022, Brazil exported $3.05M in Processed Crustaceans, making it the 80th largest exporter of Processed Crustaceans in the world. At the same year, Processed Crustaceans was the 772nd most exported product in Brazil. The main destination of Processed Crustaceans exports from Brazil are: China ($830k), United States ($428k), Macau ($322k), Malaysia ($304k), and South Korea ($300k).

The fastest growing export markets for Processed Crustaceans of Brazil between 2021 and 2022 were China ($829k), United States ($371k), and Macau ($319k).

Imports In 2022, Brazil imported $3.92M in Processed Crustaceans, becoming the 80th largest importer of Processed Crustaceans in the world. At the same year, Processed Crustaceans was the 904th most imported product in Brazil. Brazil imports Processed Crustaceans primarily from: Portugal ($1.44M), Spain ($820k), United States ($639k), Chile ($596k), and Peru ($166k).

The fastest growing import markets in Processed Crustaceans for Brazil between 2021 and 2022 were United States ($191k), Portugal ($146k), and Spain ($114k).

COMPANIES In 2023, leading companies such as CHICKEN OF THE SEA FROZEN FOODS (28) were at the forefront of shipping Processed Crustaceans from Brazil to the United States.

Latest Trends

February 2024

About

Overview In February 2024 Brazil's Processed Crustaceans exports accounted up to $5.27k and imports accounted up to $329k, resulting in a negative trade balance of $324k. Between February 2023 and February 2024 the exports of Brazil's Processed Crustaceans have decreased by $-15.9k (-75%) from $21.1k to $5.27k, while imports increased by $187k (131%) from $142k to $329k.

Destinations In February 2024, Processed Crustaceans were exported mostly to Marshall Islands ($1.89k), Cyprus ($935), Singapore ($532), Panama ($482), and Liberia ($426), and were imported mostly from Chile ($323k) and Portugal ($6.03k).

Growth In February 2024, the decrease in Processed Crustaceans's year-by-year exports was explained primarily by a decrease in exports to Malta ($-1.03k or -89.6%), Liberia ($-745 or -69.2%), and Marshall Islands ($-630 or -39.9%). In February 2024, the increase in Processed Crustaceans's year-by-year imports was explained primarily by an increase in imports from Chile ($22.4k or 28.9%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$-15.9k(-75%)

IMPORT GROWTH (January 2023 - February 2024)$187k(131%)

MAIN EXPORTER (February 2024)São Paulo$1.79k

MAIN DESTINATION (February 2024)Marshall Islands$1.89k

This section shows Processed Crustaceans'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 Processed Crustaceans over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$3.05M

IMPORTS (2022)$3.92M

NET TRADE (2022)-$870k

In 2022, Brazil exported $3.05M in Processed Crustaceans. The main destinations of Brazil exports on Processed Crustaceans were China ($830k), United States ($428k), Macau ($322k), Malaysia ($304k), and South Korea ($300k).

In 2022, Brazil imported $3.92M in Processed Crustaceans, mainly from Portugal ($1.44M), Spain ($820k), United States ($639k), Chile ($596k), and Peru ($166k).

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