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2022
Exports $50.2MWorld Rnk 15 / 194
Flag Rnk 329 / 1206
2022
Destination $2.8M Netherlands
2021 - 2022
FASTEST GROWING MARKET $2.8MPoland
2022
PRODUCT COMPLEXITY IN Spices-1.63Rnk 964 / 1025
2022
Imports $9.72MWorld Rnk 54 / 223
Flag Rnk 773 / 1198
2022
Origin $1.46M India
2021 - 2022
FASTEST GROWING ORIGIN $1.46MIndia
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $50.2M in Spices, making it the 15th largest exporter of Spices in the world. At the same year, Spices was the 329th most exported product in Brazil. The main destination of Spices exports from Brazil are: Netherlands ($19.4M), United States ($8.6M), Poland ($3.23M), Germany ($2.94M), and Argentina ($2.36M).

The fastest growing export markets for Spices of Brazil between 2021 and 2022 were Poland ($2.8M), Ukraine ($887k), and Czechia ($276k).

Imports In 2022, Brazil imported $9.72M in Spices, becoming the 54th largest importer of Spices in the world. At the same year, Spices was the 773rd most imported product in Brazil. Brazil imports Spices primarily from: India ($4.4M), Turkey ($2.09M), China ($803k), Peru ($414k), and Germany ($356k).

The fastest growing import markets in Spices for Brazil between 2021 and 2022 were India ($1.46M), China ($442k), and Germany ($322k).

Latest Trends

October 2024

About

Overview In October 2024 Brazil's Spices exports accounted up to $9.93M and imports accounted up to $1.9M, resulting in a positive trade balance of $8.03M. Between October 2023 and October 2024 the exports of Brazil's   Spices have increased by $1.36M (15.9%) from $8.57M to $9.93M, while imports increased by $727k (62.1%) from $1.17M to $1.9M.

Destinations In October 2024, Spices were exported mostly to Netherlands ($6.07M), United States ($1.43M), United Kingdom ($639k), Germany ($629k), and Spain ($239k), and were imported mostly from India ($501k), Egypt ($492k), Turkey ($396k), China ($204k), and Peru ($133k).

Growth In October 2024, the increase in Spices's year-by-year exports was explained primarily by an increase in exports to Netherlands ($185k or 39.5%), France ($138k or 3.56k%), and United Kingdom ($97.3k or 769%). In October 2024, the increase in Spices's year-by-year imports was explained primarily by an increase in imports from Turkey ($273k or 859%), India ($71k or 33.8%), and Spain ($57.1k or 1.29k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$1.36M(15.9%)
IMPORT GROWTH (October 2023 - October 2024)$727k(62.1%)
MAIN EXPORTER (October 2024)Espírito Santo$7.11M
MAIN DESTINATION (October 2024)Netherlands$6.07M

This section shows Spices'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 Spices over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$50.2M
IMPORTS (2022)$9.72M
NET TRADE (2022)$40.5M

In 2022, Brazil exported $50.2M in Spices. The main destinations of Brazil exports on Spices were Netherlands ($19.4M), United States ($8.6M), Poland ($3.23M), Germany ($2.94M), and Argentina ($2.36M).

In 2022, Brazil imported $9.72M in Spices, mainly from India ($4.4M), Turkey ($2.09M), China ($803k), Peru ($414k), and Germany ($356k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Spices EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Poland$2.8M (644%)
Ukraine$887k (346%)
Czechia$276k (33.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spices BY Brazil WERE (2021 - 2022):
United States-$6.81M (-44.2%)
Russia-$3.3M (-87.2%)
Netherlands-$2.52M (-11.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Spices were:
India $538M
China $518M
Netherlands $203M
In 2022, Brazil's main importing competitors in Spices were:
United States $364M
Germany $211M
Netherlands $167M

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Trade Value of Spices by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.49M
TOP IMPORT POTENTIALIndia+ $1.28M

Spices’s highest export potential is United States. With an export gap of $3.49M.   Spices’s highest import potential is India with an import gap of $1.28M.

See methodology.

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