Concentrated Milk in Brazil | The Observatory of Economic Complexity

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Exports In 2022, Brazil exported $55.4M in Concentrated Milk, making it the 40th largest exporter of Concentrated Milk in the world. At the same year, Concentrated Milk was the 317th most exported product in Brazil. The main destination of Concentrated Milk exports from Brazil are: Algeria ($15.1M), Mauritania ($7.08M), Chile ($5.85M), Israel ($4.05M), and Trinidad and Tobago ($2.93M).

The fastest growing export markets for Concentrated Milk of Brazil between 2021 and 2022 were Mauritania ($4.72M), Israel ($4.05M), and Chile ($3.98M).

Imports In 2022, Brazil imported $445M in Concentrated Milk, becoming the 19th largest importer of Concentrated Milk in the world. At the same year, Concentrated Milk was the 109th most imported product in Brazil. Brazil imports Concentrated Milk primarily from: Argentina ($238M), Uruguay ($178M), Paraguay ($26.6M), United States ($660k), and United Arab Emirates ($511k).

The fastest growing import markets in Concentrated Milk for Brazil between 2021 and 2022 were Argentina ($124M), Uruguay ($68.2M), and Paraguay ($15.4M).

Latest Trends

March 2024

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Overview In March 2024 Brazil's Concentrated Milk exports accounted up to $7.61M and imports accounted up to $47.7M, resulting in a negative trade balance of $40.1M. Between March 2023 and March 2024 the exports of Brazil's Concentrated Milk have increased by $5.76M (312%) from $1.85M to $7.61M, while imports decreased by $-22.5M (-32%) from $70.2M to $47.7M.

Destinations In March 2024, Concentrated Milk were exported mostly to Cuba ($5.81M), Tunisia ($400k), Chile ($361k), Venezuela ($317k), and United States ($201k), and were imported mostly from Argentina ($27.8M), Uruguay ($16.8M), Paraguay ($1.91M), and Chile ($1.26M).

Growth In March 2024, the increase in Concentrated Milk's year-by-year exports was explained primarily by an increase in exports to United States ($570k or 1.09k%), Paraguay ($173k or 373%), and Trinidad and Tobago ($106k or 42.3%). In March 2024, the decrease in Concentrated Milk's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)$5.76M(312%)

IMPORT GROWTH (March 2023 - March 2024)$-22.5M(-32%)

MAIN EXPORTER (March 2024)Rio Grande Do Sul$8.16M

MAIN DESTINATION (March 2024)Cuba$5.81M

This section shows Concentrated Milk'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 Concentrated Milk over time.

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