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2022
Exports $110MWorld Rnk 1 / 93
Flag Rnk 221 / 1206
2022
Destination $7.36M India
2021 - 2022
FASTEST GROWING MARKET $7.36MJapan
2022
Imports $1.6MWorld Rnk 26 / 178
Flag Rnk 996 / 1198
2022
Origin $147k United States
2021 - 2022
FASTEST GROWING ORIGIN $147kMexico
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $110M in Turpentine, making it the 1st largest exporter of Turpentine in the world. At the same year, Turpentine was the 221st most exported product in Brazil. The main destination of Turpentine exports from Brazil are: India ($48.9M), United States ($20.3M), Mexico ($10M), Japan ($8.93M), and France ($7.69M).

The fastest growing export markets for Turpentine of Brazil between 2021 and 2022 were Japan ($7.36M), India ($6.63M), and United States ($6.01M).

Imports In 2022, Brazil imported $1.6M in Turpentine, becoming the 26th largest importer of Turpentine in the world. At the same year, Turpentine was the 996th most imported product in Brazil. Brazil imports Turpentine primarily from: United States ($792k), Spain ($374k), Mexico ($325k), China ($78.4k), and Portugal ($10k).

The fastest growing import markets in Turpentine for Brazil between 2021 and 2022 were Mexico ($147k), Spain ($122k), and China ($59.9k).

Latest Trends

October 2024

About

Overview In October 2024 Brazil's Turpentine exports accounted up to $5.36M and imports accounted up to $122k, resulting in a positive trade balance of $5.24M. Between October 2023 and October 2024 the exports of Brazil's   Turpentine have increased by $1.39M (34.9%) from $3.97M to $5.36M, while imports increased by $49.5k (68.7%) from $72k to $122k.

Destinations In October 2024, Turpentine were exported mostly to India ($3.15M), Japan ($946k), United States ($751k), Germany ($146k), and Mexico ($120k), and were imported mostly from Mexico ($51.3k), Spain ($33.7k), United States ($30.5k), China ($3.5k), and Portugal ($2.44k).

Growth In October 2024, the increase in Turpentine's year-by-year exports was explained primarily by an increase in exports to Mexico ($273k or 40.1%). In October 2024, the increase in Turpentine'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)$1.39M(34.9%)
IMPORT GROWTH (October 2023 - October 2024)$49.5k(68.7%)
MAIN EXPORTER (October 2024)São Paulo$4.89M
MAIN DESTINATION (October 2024)India$3.15M

This section shows Turpentine'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 Turpentine over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$110M
IMPORTS (2022)$1.6M
NET TRADE (2022)$108M

In 2022, Brazil exported $110M in Turpentine. The main destinations of Brazil exports on Turpentine were India ($48.9M), United States ($20.3M), Mexico ($10M), Japan ($8.93M), and France ($7.69M).

In 2022, Brazil imported $1.6M in Turpentine, mainly from United States ($792k), Spain ($374k), Mexico ($325k), China ($78.4k), and Portugal ($10k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Turpentine EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Japan$7.36M (470%)
India$6.63M (15.7%)
United States$6.01M (42.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Turpentine BY Brazil WERE (2021 - 2022):
France-$10.8M (-58.3%)
Mexico-$3.28M (-24.6%)
Spain-$981k (-12.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Turpentine were:
Indonesia $70.8M
United States $54.8M
In 2022, Brazil's main importing competitors in Turpentine were:
India $211M
France $85.6M
United States $46.7M

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Trade Value of Turpentine by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.16M
TOP IMPORT POTENTIALChina+ $55.6k

Turpentine’s highest export potential is China. With an export gap of $1.16M.   Turpentine’s highest import potential is China with an import gap of $55.6k.

See methodology.

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