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2022
Exports $5.25MWorld Rnk 31 / 97
Flag Rnk 689 / 1206
2022
Destination $1.03M United States
2021 - 2022
FASTEST GROWING MARKET $1.03MBelgium
2022
PRODUCT COMPLEXITY IN Scrap Nickel-0.18Rnk 609 / 1025
2022
Imports $494kWorld Rnk 37 / 77
Flag Rnk 1090 / 1198
2022
Origin $482k Canada
2021 - 2022
FASTEST GROWING ORIGIN $482kCanada
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $5.25M in Scrap Nickel, making it the 31st largest exporter of Scrap Nickel in the world. At the same year, Scrap Nickel was the 689th most exported product in Brazil. The main destination of Scrap Nickel exports from Brazil are: United States ($2.06M), Belgium ($1.34M), Singapore ($1.04M), India ($398k), and Spain ($195k).

The fastest growing export markets for Scrap Nickel of Brazil between 2021 and 2022 were Belgium ($1.03M), India ($398k), and United States ($357k).

Imports In 2022, Brazil imported $494k in Scrap Nickel, becoming the 37th largest importer of Scrap Nickel in the world. At the same year, Scrap Nickel was the 1090th most imported product in Brazil. Brazil imports Scrap Nickel primarily from: Canada ($482k), Bolivia ($12.4k), United States ($242), France ($116), and Colombia ($22).

The fastest growing import markets in Scrap Nickel for Brazil between 2021 and 2022 were Canada ($482k), United States ($242), and France ($116).

Latest Trends

August 2024

About

Overview In August 2024 Brazil's Scrap Nickel exports accounted up to $623k and imports accounted up to $554k, resulting in a positive trade balance of $69.8k. Between April 2023 and August 2024 the exports of Brazil's   Scrap Nickel have decreased by $-1.47M (-70.3%) from $2.1M to $623k, while imports increased by $553k (232k%) from $239 to $554k.

Destinations In August 2024, Scrap Nickel were exported mostly to Singapore ($325k), United Kingdom ($197k), India ($80.1k), and United States ($21.2k), and were imported mostly from Canada ($554k) and United States ($57).

Growth In August 2024, the decrease in Scrap Nickel's year-by-year exports was explained primarily by a decrease in exports to . In August 2024, the increase in Scrap Nickel's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (April 2023 - August 2024)$-1.47M(-70.3%)
IMPORT GROWTH (November 2022 - August 2024)$553k(232k%)
MAIN EXPORTER (August 2024)São Paulo$852k
MAIN DESTINATION (August 2024)Singapore$325k

This section shows Scrap Nickel'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 Scrap Nickel over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.25M
IMPORTS (2022)$494k
NET TRADE (2022)$4.75M

In 2022, Brazil exported $5.25M in Scrap Nickel. The main destinations of Brazil exports on Scrap Nickel were United States ($2.06M), Belgium ($1.34M), Singapore ($1.04M), India ($398k), and Spain ($195k).

In 2022, Brazil imported $494k in Scrap Nickel, mainly from Canada ($482k), Bolivia ($12.4k), United States ($242), France ($116), and Colombia ($22).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Nickel EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Belgium$1.03M (342%)
India$398k (1%)
United States$357k (20.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Nickel BY Brazil WERE (2021 - 2022):
Germany-$193k (-98.7%)
Netherlands-$119k (-75.8%)
Chinese Taipei-$9.06k (-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 Scrap Nickel were:
United Kingdom $218M
United States $130M
Germany $114M
In 2022, Brazil's main importing competitors in Scrap Nickel were:
United States $399M
Japan $196M
United Kingdom $181M

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Trade Value of Scrap Nickel by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.05M
TOP IMPORT POTENTIALCanada+ $22.1k

Scrap Nickel’s highest export potential is United States. With an export gap of $1.05M.   Scrap Nickel’s highest import potential is Canada with an import gap of $22.1k.

See methodology.

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