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2022
Exports $49.3MWorld Rnk 19 / 157
Flag Rnk 333 / 1206
2022
Destination $7.67M Argentina
2021 - 2022
FASTEST GROWING MARKET $7.67MUnited States
2022
PRODUCT COMPLEXITY IN Silicone1.72Rnk 20 / 1025
2022
Imports $258MWorld Rnk 13 / 215
Flag Rnk 178 / 1198
2022
Origin $31.4M United States
2021 - 2022
FASTEST GROWING ORIGIN $31.4MChina
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $49.3M in Silicone, making it the 19th largest exporter of Silicone in the world. At the same year, Silicone was the 333rd most exported product in Brazil. The main destination of Silicone exports from Brazil are: Argentina ($16.7M), United States ($10.6M), Mexico ($6.44M), Colombia ($3.15M), and Chile ($2.77M).

The fastest growing export markets for Silicone of Brazil between 2021 and 2022 were United States ($7.67M), Argentina ($4.66M), and Mexico ($2.31M).

Imports In 2022, Brazil imported $258M in Silicone, becoming the 13th largest importer of Silicone in the world. At the same year, Silicone was the 178th most imported product in Brazil. Brazil imports Silicone primarily from: United States ($70.5M), China ($68.5M), Germany ($54.5M), United Kingdom ($14M), and Belgium ($9.49M).

The fastest growing import markets in Silicone for Brazil between 2021 and 2022 were China ($31.4M), Germany ($17M), and United Kingdom ($10.5M).

COMPANIES In 2023, leading companies such as Elkem Silicones (53) were at the forefront of shipping Silicone from Brazil to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Brazil's Silicone exports accounted up to $3.53M and imports accounted up to $15.7M, resulting in a negative trade balance of $12.2M. Between November 2023 and November 2024 the exports of Brazil's   Silicone have decreased by $-753k (-17.6%) from $4.29M to $3.53M, while imports increased by $2.29M (17.1%) from $13.4M to $15.7M.

Destinations In November 2024, Silicone were exported mostly to United States ($929k), Mexico ($817k), Argentina ($436k), Colombia ($291k), and Belgium ($284k), and were imported mostly from China ($4.82M), United States ($4.65M), Germany ($1.91M), Thailand ($1.34M), and France ($940k).

Growth In November 2024, the decrease in Silicone's year-by-year exports was explained primarily by a decrease in exports to Mexico ($-442k or -87.3%), Argentina ($-315k or -22.8%), and Netherlands ($-220k or -98.9%). In November 2024, the increase in Silicone's year-by-year imports was explained primarily by an increase in imports from United Kingdom ($1.15M or 456%), United States ($645k or 12.2%), and France ($605k or 240%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-753k(-17.6%)
IMPORT GROWTH (November 2023 - November 2024)$2.29M(17.1%)
MAIN EXPORTER (November 2024)São Paulo$3.8M
MAIN DESTINATION (November 2024)United States$929k

This section shows Silicone'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 Silicone over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$49.3M
IMPORTS (2022)$258M
NET TRADE (2022)-$208M

In 2022, Brazil exported $49.3M in Silicone. The main destinations of Brazil exports on Silicone were Argentina ($16.7M), United States ($10.6M), Mexico ($6.44M), Colombia ($3.15M), and Chile ($2.77M).

In 2022, Brazil imported $258M in Silicone, mainly from United States ($70.5M), China ($68.5M), Germany ($54.5M), United Kingdom ($14M), and Belgium ($9.49M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silicone EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
United States$7.67M (261%)
Argentina$4.66M (38.6%)
Mexico$2.31M (55.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silicone BY Brazil WERE (2021 - 2022):
Paraguay-$571k (-45.2%)
Honduras-$453k (-54.9%)
Hong Kong-$161k (-46.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Silicone were:
China $2.2B
Germany $2.07B
United States $1.55B
In 2022, Brazil's main importing competitors in Silicone were:
United States $1.2B
China $1B
South Korea $600M

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Trade Value of Silicone by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.37M
TOP IMPORT POTENTIALChina+ $9.47M

Silicone’s highest export potential is United States. With an export gap of $5.37M.   Silicone’s highest import potential is China with an import gap of $9.47M.

See methodology.

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