Crustaceans in Brazil | The Observatory of Economic Complexity

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Exports In 2022, Brazil exported $92M in Crustaceans, making it the 40th largest exporter of Crustaceans in the world. At the same year, Crustaceans was the 246th most exported product in Brazil. The main destination of Crustaceans exports from Brazil are: United States ($33.8M), China ($21.4M), Australia ($11.9M), Chinese Taipei ($10.1M), and Japan ($4.6M).

The fastest growing export markets for Crustaceans of Brazil between 2021 and 2022 were Chinese Taipei ($6.81M), Australia ($5.62M), and Singapore ($2.88M).

Imports In 2022, Brazil imported $3.12M in Crustaceans, becoming the 95th largest importer of Crustaceans in the world. At the same year, Crustaceans was the 942nd most imported product in Brazil. Brazil imports Crustaceans primarily from: Chile ($1.54M), Ecuador ($1.08M), Argentina ($281k), United States ($213k), and Tanzania ($5.85k).

The fastest growing import markets in Crustaceans for Brazil between 2021 and 2022 were Chile ($740k), United States ($213k), and Tanzania ($5.85k).

COMPANIES In 2023, leading companies such as JBS USA FOOD COMPANY (60), AGCO CORPORATION (23), and STEVE SILVER COMPANY (5) were at the forefront of shipping Crustaceans from Brazil to the United States.

Latest Trends

February 2024

About

Overview In February 2024 Brazil's Crustaceans exports accounted up to $2.73M and imports accounted up to $2M, resulting in a positive trade balance of $728k. Between February 2023 and February 2024 the exports of Brazil's Crustaceans have increased by $1.4M (106%) from $1.33M to $2.73M, while imports increased by $1.5M (297%) from $503k to $2M.

Destinations In February 2024, Crustaceans were exported mostly to Japan ($1.28M), China ($458k), United States ($371k), Singapore ($230k), and Taiwan ($219k), and were imported mostly from Argentina ($1.18M) and Ecuador ($816k).

Growth In February 2024, the increase in Crustaceans's year-by-year exports was explained primarily by an increase in exports to Norway ($17.1k or 769%), Denmark ($9.96k or 442%), and Liberia ($5.15k or 69.1%). In February 2024, the increase in Crustaceans's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$1.4M(106%)

IMPORT GROWTH (February 2023 - February 2024)$1.5M(297%)

MAIN EXPORTER (February 2024)Ceará$2.43M

MAIN DESTINATION (February 2024)Japan$1.28M

This section shows Crustaceans'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 Crustaceans over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$92M

IMPORTS (2022)$3.12M

NET TRADE (2022)$88.9M

In 2022, Brazil exported $92M in Crustaceans. The main destinations of Brazil exports on Crustaceans were United States ($33.8M), China ($21.4M), Australia ($11.9M), Chinese Taipei ($10.1M), and Japan ($4.6M).

In 2022, Brazil imported $3.12M in Crustaceans, mainly from Chile ($1.54M), Ecuador ($1.08M), Argentina ($281k), United States ($213k), and Tanzania ($5.85k).

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