Hormones in Brazil | The Observatory of Economic Complexity

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Exports In 2022, Brazil exported $1.45M in Hormones, making it the 45th largest exporter of Hormones in the world. At the same year, Hormones was the 864th most exported product in Brazil. The main destination of Hormones exports from Brazil are: Argentina ($840k), United States ($198k), Malaysia ($91.5k), Qatar ($86.6k), and India ($84.8k).

The fastest growing export markets for Hormones of Brazil between 2021 and 2022 were Argentina ($413k), United States ($142k), and Malaysia ($91.5k).

Imports In 2022, Brazil imported $247M in Hormones, becoming the 12th largest importer of Hormones in the world. At the same year, Hormones was the 185th most imported product in Brazil. Brazil imports Hormones primarily from: China ($52.6M), Denmark ($50.4M), Germany ($45.2M), Italy ($44.3M), and Netherlands ($16.6M).

The fastest growing import markets in Hormones for Brazil between 2021 and 2022 were Italy ($6.07M), India ($5.28M), and China ($5.03M).

Latest Trends

March 2024

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Overview In March 2024 Brazil's Hormones exports accounted up to $49.5k and imports accounted up to $13.1M, resulting in a negative trade balance of $13M. Between March 2023 and March 2024 the exports of Brazil's Hormones have increased by $37.5k (311%) from $12k to $49.5k, while imports decreased by $-7.17M (-35.4%) from $20.3M to $13.1M.

Destinations In March 2024, Hormones were exported mostly to Qatar ($30.5k), Colombia ($14.9k), Peru ($1.19k), United Arab Emirates ($1.07k), and Paraguay ($992), and were imported mostly from Denmark ($4.05M), China ($3.09M), Italy ($2.07M), Germany ($1.55M), and India ($1.11M).

Growth In March 2024, the increase in Hormones's year-by-year exports was explained primarily by an increase in exports to . In March 2024, the decrease in Hormones's year-by-year imports was explained primarily by a decrease in imports from Denmark ($-2.98M or -32.3%), Netherlands ($-2.65M or -93%), and Germany ($-1.86M or -95.3%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)$37.5k(311%)

IMPORT GROWTH (March 2023 - March 2024)$-7.17M(-35.4%)

MAIN EXPORTER (March 2024)São Paulo$683k

MAIN DESTINATION (March 2024)Qatar$30.5k

This section shows Hormones'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 Hormones over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$1.45M

IMPORTS (2022)$247M

NET TRADE (2022)-$246M

In 2022, Brazil exported $1.45M in Hormones. The main destinations of Brazil exports on Hormones were Argentina ($840k), United States ($198k), Malaysia ($91.5k), Qatar ($86.6k), and India ($84.8k).

In 2022, Brazil imported $247M in Hormones, mainly from China ($52.6M), Denmark ($50.4M), Germany ($45.2M), Italy ($44.3M), and Netherlands ($16.6M).

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