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2022
Exports $1.07BWorld Rnk 16 / 133
Flag Rnk 35 / 1206
2022
Destination $110M Saudi Arabia
2021 - 2022
FASTEST GROWING MARKET $110MIndonesia
2022
PRODUCT COMPLEXITY IN Wheat-0.42Rnk 677 / 1025
2022
Imports $1.77BWorld Rnk 11 / 194
Flag Rnk 27 / 1198
2022
Origin $115M Argentina
2021 - 2022
FASTEST GROWING ORIGIN $115MUnited States
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $1.07B in Wheat, making it the 16th largest exporter of Wheat in the world. At the same year, Wheat was the 35th most exported product in Brazil. The main destination of Wheat exports from Brazil are: Saudi Arabia ($196M), Indonesia ($191M), Vietnam ($116M), South Africa ($104M), and Morocco ($102M).

The fastest growing export markets for Wheat of Brazil between 2021 and 2022 were Indonesia ($110M), South Africa ($104M), and Saudi Arabia ($99.7M).

Imports In 2022, Brazil imported $1.77B in Wheat, becoming the 11th largest importer of Wheat in the world. At the same year, Wheat was the 27th most imported product in Brazil. Brazil imports Wheat primarily from: Argentina ($1.38B), United States ($144M), Paraguay ($106M), Russia ($97.4M), and Uruguay ($22.2M).

The fastest growing import markets in Wheat for Brazil between 2021 and 2022 were United States ($115M), Russia ($90M), and Paraguay ($17.5M).

Latest Trends

October 2024

About

Overview In October 2024 Brazil's Wheat exports accounted up to $212 and imports accounted up to $137M, resulting in a negative trade balance of $137M. Between July 2023 and October 2024 the exports of Brazil's   Wheat have increased by $49 (30.1%) from $163 to $212, while imports increased by $55.8M (68.9%) from $81M to $137M.

Destinations In October 2024, Wheat were exported mostly to Hong Kong ($97), Liberia ($82), Marshall Islands ($13), United Kingdom ($11), and Malta ($9), and were imported mostly from Argentina ($55.9M), Paraguay ($23.6M), United States ($20.7M), Russia ($19.4M), and Uruguay ($17.3M).

Growth In October 2024, the increase in Wheat's year-by-year exports was explained primarily by an increase in exports to Indonesia ($21.4M or 50.7%) and Vietnam ($18.1M or 212%). In October 2024, the increase in Wheat's year-by-year imports was explained primarily by an increase in imports from Uruguay ($20M or 243%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - October 2024)$49(30.1%)
IMPORT GROWTH (October 2023 - October 2024)$55.8M(68.9%)
MAIN EXPORTER (October 2024)Rio Grande Do Sul$196M
MAIN DESTINATION (October 2024)Hong Kong$97

This section shows Wheat'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 Wheat over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.07B
IMPORTS (2022)$1.77B
NET TRADE (2022)-$697M

In 2022, Brazil exported $1.07B in Wheat. The main destinations of Brazil exports on Wheat were Saudi Arabia ($196M), Indonesia ($191M), Vietnam ($116M), South Africa ($104M), and Morocco ($102M).

In 2022, Brazil imported $1.77B in Wheat, mainly from Argentina ($1.38B), United States ($144M), Paraguay ($106M), Russia ($97.4M), and Uruguay ($22.2M).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Wheat EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Indonesia$110M (136%)
South Africa$104M (72.4M%)
Saudi Arabia$99.7M (104%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wheat BY Brazil WERE (2021 - 2022):
Palestine-$13.3M (-100%)
Thailand-$12.4M (-100%)
South Korea-$12.3M (-99.8%)
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Change in Exports by Market (undefined - undefined)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Wheat were:
Australia $10.2B
United States $9.21B
Canada $8.87B
In 2022, Brazil's main importing competitors in Wheat were:
Egypt $4.82B
China $4.52B
Indonesia $3.38B

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Trade Value of Wheat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALEgypt+ $27.5M
TOP IMPORT POTENTIALUnited States+ $64.1M

Wheat’s highest export potential is Egypt. With an export gap of $27.5M.   Wheat’s highest import potential is United States with an import gap of $64.1M.

See methodology.

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