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2022
Exports $12.1MWorld Rnk 32 / 144
Flag Rnk 568 / 1206
2022
Destination $878k Argentina
2021 - 2022
FASTEST GROWING MARKET $878kParaguay
2022
PRODUCT COMPLEXITY IN Waxes0.46Rnk 381 / 1025
2022
Imports $74MWorld Rnk 18 / 203
Flag Rnk 379 / 1198
2022
Origin $4.93M United States
2021 - 2022
FASTEST GROWING ORIGIN $4.93MChina
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $12.1M in Waxes, making it the 32nd largest exporter of Waxes in the world. At the same year, Waxes was the 568th most exported product in Brazil. The main destination of Waxes exports from Brazil are: Argentina ($3.46M), Colombia ($2.04M), Paraguay ($1.62M), Mexico ($1.3M), and United States ($601k).

The fastest growing export markets for Waxes of Brazil between 2021 and 2022 were Paraguay ($878k), Colombia ($481k), and Argentina ($408k).

Imports In 2022, Brazil imported $74M in Waxes, becoming the 18th largest importer of Waxes in the world. At the same year, Waxes was the 379th most imported product in Brazil. Brazil imports Waxes primarily from: United States ($21M), China ($16.4M), Germany ($15M), Denmark ($3.5M), and Mexico ($2.67M).

The fastest growing import markets in Waxes for Brazil between 2021 and 2022 were China ($4.93M), United States ($4.59M), and Germany ($2.86M).

Latest Trends

July 2024

About

Overview In July 2024 Brazil's Waxes exports accounted up to $918k and imports accounted up to $6.17M, resulting in a negative trade balance of $5.25M. Between July 2023 and July 2024 the exports of Brazil's   Waxes have decreased by $-262k (-22.2%) from $1.18M to $918k, while imports increased by $656k (11.9%) from $5.51M to $6.17M.

Destinations In July 2024, Waxes were exported mostly to Mexico ($378k), Paraguay ($236k), Argentina ($144k), Colombia ($32.3k), and Uruguay ($30.5k), and were imported mostly from United States ($1.63M), China ($1.52M), Germany ($1M), Italy ($298k), and Netherlands ($228k).

Growth In July 2024, the decrease in Waxes's year-by-year exports was explained primarily by a decrease in exports to Paraguay ($-102k or -85.1%), Italy ($-27.4k or -86%), and Costa Rica ($-1.6k or -85.3%). In July 2024, the increase in Waxes's year-by-year imports was explained primarily by an increase in imports from Germany ($451k or 44.2%), Mexico ($314k or 107%), and Japan ($289k or 2.81k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-262k(-22.2%)
IMPORT GROWTH (July 2023 - July 2024)$656k(11.9%)
MAIN EXPORTER (July 2024)São Paulo$1.71M
MAIN DESTINATION (July 2024)Mexico$378k

This section shows Waxes'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 Waxes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$12.1M
IMPORTS (2022)$74M
NET TRADE (2022)-$61.9M

In 2022, Brazil exported $12.1M in Waxes. The main destinations of Brazil exports on Waxes were Argentina ($3.46M), Colombia ($2.04M), Paraguay ($1.62M), Mexico ($1.3M), and United States ($601k).

In 2022, Brazil imported $74M in Waxes, mainly from United States ($21M), China ($16.4M), Germany ($15M), Denmark ($3.5M), and Mexico ($2.67M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Waxes EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Paraguay$878k (118%)
Colombia$481k (30.9%)
Argentina$408k (13.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Waxes BY Brazil WERE (2021 - 2022):
Italy-$328k (-80.1%)
United States-$324k (-35%)
Mexico-$187k (-12.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Waxes were:
Germany $806M
United States $613M
China $485M
In 2022, Brazil's main importing competitors in Waxes were:
China $461M
United States $324M
Germany $251M

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Trade Value of Waxes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $868k
TOP IMPORT POTENTIALChina+ $2.48M

Waxes’s highest export potential is United States. With an export gap of $868k.   Waxes’s highest import potential is China with an import gap of $2.48M.

See methodology.

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