Raw Iron Bars in Brazil | The Observatory of Economic Complexity

About

Exports In 2022, Brazil exported $356M in Raw Iron Bars, making it the 19th largest exporter of Raw Iron Bars in the world. At the same year, Raw Iron Bars was the 92nd most exported product in Brazil. The main destination of Raw Iron Bars exports from Brazil are: Bolivia ($126M), Peru ($117M), Argentina ($41.2M), Paraguay ($30.6M), and United States ($13.8M).

The fastest growing export markets for Raw Iron Bars of Brazil between 2021 and 2022 were Peru ($92.2M), Paraguay ($6.81M), and United States ($4.81M).

Imports In 2022, Brazil imported $134M in Raw Iron Bars, becoming the 50th largest importer of Raw Iron Bars in the world. At the same year, Raw Iron Bars was the 280th most imported product in Brazil. Brazil imports Raw Iron Bars primarily from: Turkey ($43.9M), China ($20.4M), South Korea ($19.8M), Peru ($15.4M), and Egypt ($10.3M).

The fastest growing import markets in Raw Iron Bars for Brazil between 2021 and 2022 were Peru ($15.4M), China ($11.1M), and Egypt ($3.46M).

Latest Trends

March 2024

About

Overview In March 2024 Brazil's Raw Iron Bars exports accounted up to $64.5M and imports accounted up to $10.3M, resulting in a positive trade balance of $54.2M. Between March 2023 and March 2024 the exports of Brazil's Raw Iron Bars have increased by $28.4M (78.6%) from $36.1M to $64.5M, while imports increased by $2.25M (27.9%) from $8.06M to $10.3M.

Destinations In March 2024, Raw Iron Bars were exported mostly to Peru ($53M), Bolivia ($6.31M), Paraguay ($2.08M), United States ($1.83M), and Mexico ($677k), and were imported mostly from Peru ($5.53M), China ($1.74M), South Korea ($955k), Turkey ($884k), and Italy ($549k).

Growth In March 2024, the increase in Raw Iron Bars's year-by-year exports was explained primarily by an increase in exports to United States ($3.46M or 15.9k%), Colombia ($2.85M or 1.66k%), and Bolivia ($249k or 2.26%). In March 2024, the increase in Raw Iron Bars's year-by-year imports was explained primarily by an increase in imports from South Korea ($495k or 26.3%), Romania ($264k or 261%), and Germany ($127k or 1.02k%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)$28.4M(78.6%)

IMPORT GROWTH (March 2023 - March 2024)$2.25M(27.9%)

MAIN EXPORTER (March 2024)São Paulo$16.8M

MAIN DESTINATION (March 2024)Peru$53M

This section shows Raw Iron Bars'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 Raw Iron Bars over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$356M

IMPORTS (2022)$134M

NET TRADE (2022)$223M

In 2022, Brazil exported $356M in Raw Iron Bars. The main destinations of Brazil exports on Raw Iron Bars were Bolivia ($126M), Peru ($117M), Argentina ($41.2M), Paraguay ($30.6M), and United States ($13.8M).

In 2022, Brazil imported $134M in Raw Iron Bars, mainly from Turkey ($43.9M), China ($20.4M), South Korea ($19.8M), Peru ($15.4M), and Egypt ($10.3M).

Explore Visualizations