Pure Olive Oil in Brazil | The Observatory of Economic Complexity

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Exports In 2022, Brazil exported $411k in Pure Olive Oil, making it the 62nd largest exporter of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 1001st most exported product in Brazil. The main destination of Pure Olive Oil exports from Brazil are: Portugal ($94.4k), Peru ($88.5k), South Korea ($63.2k), Marshall Islands ($20.4k), and Liberia ($19k).

The fastest growing export markets for Pure Olive Oil of Brazil between 2021 and 2022 were Portugal ($92.5k), South Korea ($63.1k), and Peru ($28.6k).

Imports In 2022, Brazil imported $516M in Pure Olive Oil, becoming the 5th largest importer of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 96th most imported product in Brazil. Brazil imports Pure Olive Oil primarily from: Portugal ($298M), Spain ($84.1M), Argentina ($54.9M), Chile ($34.9M), and Italy ($32.7M).

The fastest growing import markets in Pure Olive Oil for Brazil between 2021 and 2022 were Portugal ($20.5M), Argentina ($18.1M), and Chile ($11.7M).

COMPANIES In 2023, leading companies such as BARRY CALLEBAUT USA LLC (26), THE DOW CHEMICAL COMPANY (26), and STIHL INCORPORATED (13) were at the forefront of shipping Pure Olive Oil from Brazil to the United States.

Latest Trends

February 2024

About

Overview In February 2024 Brazil's Pure Olive Oil exports accounted up to $23.6k and imports accounted up to $58M, resulting in a negative trade balance of $58M. Between February 2023 and February 2024 the exports of Brazil's Pure Olive Oil have increased by $10.5k (80.6%) from $13.1k to $23.6k, while imports increased by $627k (1.09%) from $57.4M to $58M.

Destinations In February 2024, Pure Olive Oil were exported mostly to Marshall Islands ($4.01k), United States ($3.84k), Liberia ($2.71k), Uruguay ($2.05k), and Greece ($1.89k), and were imported mostly from Portugal ($35.3M), Spain ($9.16M), Chile ($4.19M), Argentina ($3.72M), and Italy ($3.09M).

Growth In February 2024, the increase in Pure Olive Oil's year-by-year exports was explained primarily by an increase in exports to Denmark ($3.15k or 2.97k%), Norway ($1.8k or 854%), and Liberia ($1.62k or 88.1%). In February 2024, the increase in Pure Olive Oil's year-by-year imports was explained primarily by an increase in imports from Argentina ($2M or 103%), Chile ($1.96M or 128%), and Portugal ($1.73M or 8.03%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$10.5k(80.6%)

IMPORT GROWTH (February 2023 - February 2024)$627k(1.09%)

MAIN EXPORTER (February 2024)Santa Catarina$177k

MAIN DESTINATION (February 2024)Marshall Islands$4.01k

This section shows Pure Olive Oil'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 Pure Olive Oil over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$411k

IMPORTS (2022)$516M

NET TRADE (2022)-$516M

In 2022, Brazil exported $411k in Pure Olive Oil. The main destinations of Brazil exports on Pure Olive Oil were Portugal ($94.4k), Peru ($88.5k), South Korea ($63.2k), Marshall Islands ($20.4k), and Liberia ($19k).

In 2022, Brazil imported $516M in Pure Olive Oil, mainly from Portugal ($298M), Spain ($84.1M), Argentina ($54.9M), Chile ($34.9M), and Italy ($32.7M).

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