Flat-Rolled Iron in Brazil | The Observatory of Economic Complexity

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Exports In 2022, Brazil exported $13.2M in Flat-Rolled Iron, making it the 30th largest exporter of Flat-Rolled Iron in the world. At the same year, Flat-Rolled Iron was the 549th most exported product in Brazil. The main destination of Flat-Rolled Iron exports from Brazil are: Mexico ($6.26M), United States ($1.85M), Italy ($826k), Argentina ($788k), and Turkey ($785k).

The fastest growing export markets for Flat-Rolled Iron of Brazil between 2021 and 2022 were United States ($1.52M), Mexico ($1.27M), and Turkey ($764k).

Imports In 2022, Brazil imported $38.9M in Flat-Rolled Iron, becoming the 30th largest importer of Flat-Rolled Iron in the world. At the same year, Flat-Rolled Iron was the 504th most imported product in Brazil. Brazil imports Flat-Rolled Iron primarily from: Germany ($14M), China ($5.23M), United States ($3.47M), United Arab Emirates ($2.85M), and Japan ($2.47M).

The fastest growing import markets in Flat-Rolled Iron for Brazil between 2021 and 2022 were China ($3M), United Arab Emirates ($2.85M), and United States ($2.47M).

COMPANIES In 2023, leading companies such as STANLEY BLACK & DECKER, INC (2) and STEVE MADDEN LTD (1) were at the forefront of shipping Flat-Rolled Iron from Brazil to the United States.

Latest Trends

March 2024

About

Overview In March 2024 Brazil's Flat-Rolled Iron exports accounted up to $1.15M and imports accounted up to $1.56M, resulting in a negative trade balance of $410k. Between March 2023 and March 2024 the exports of Brazil's Flat-Rolled Iron have decreased by $-231k (-16.7%) from $1.38M to $1.15M, while imports decreased by $-2.13M (-57.8%) from $3.69M to $1.56M.

Destinations In March 2024, Flat-Rolled Iron were exported mostly to Mexico ($549k), United States ($283k), Argentina ($140k), United Kingdom ($94.2k), and Canada ($30.6k), and were imported mostly from Germany ($585k), China ($406k), Japan ($315k), Italy ($156k), and United States ($29k).

Growth In March 2024, the decrease in Flat-Rolled Iron's year-by-year exports was explained primarily by a decrease in exports to Argentina ($-61.8k or -62.8%). In March 2024, the decrease in Flat-Rolled Iron's year-by-year imports was explained primarily by a decrease in imports from China ($-692k or -75%), Germany ($-685k or -27.6%), and Japan ($-97.8k or -28%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)$-231k(-16.7%)

IMPORT GROWTH (March 2023 - March 2024)$-2.13M(-57.8%)

MAIN EXPORTER (March 2024)São Paulo$1.11M

MAIN DESTINATION (March 2024)Mexico$549k

This section shows Flat-Rolled Iron'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 Flat-Rolled Iron over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$13.2M

IMPORTS (2022)$38.9M

NET TRADE (2022)-$25.7M

In 2022, Brazil exported $13.2M in Flat-Rolled Iron. The main destinations of Brazil exports on Flat-Rolled Iron were Mexico ($6.26M), United States ($1.85M), Italy ($826k), Argentina ($788k), and Turkey ($785k).

In 2022, Brazil imported $38.9M in Flat-Rolled Iron, mainly from Germany ($14M), China ($5.23M), United States ($3.47M), United Arab Emirates ($2.85M), and Japan ($2.47M).

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