Nitrile Compounds in Brazil | The Observatory of Economic Complexity

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Exports In 2022, Brazil exported $112M in Nitrile Compounds, making it the 12th largest exporter of Nitrile Compounds in the world. At the same year, Nitrile Compounds was the 219th most exported product in Brazil. The main destination of Nitrile Compounds exports from Brazil are: Mexico ($51.8M), Turkey ($23.6M), India ($8.6M), Netherlands ($6.98M), and United States ($6.51M).

The fastest growing export markets for Nitrile Compounds of Brazil between 2021 and 2022 were Hungary ($5.45M), Gabon ($1.4M), and South Korea ($987k).

Imports In 2022, Brazil imported $368M in Nitrile Compounds, becoming the 7th largest importer of Nitrile Compounds in the world. At the same year, Nitrile Compounds was the 132nd most imported product in Brazil. Brazil imports Nitrile Compounds primarily from: China ($189M), India ($77.3M), United States ($27.6M), United Kingdom ($23.1M), and Japan ($21.7M).

The fastest growing import markets in Nitrile Compounds for Brazil between 2021 and 2022 were China ($40.4M), United States ($21.7M), and Germany ($10.9M).

COMPANIES In 2023, leading companies such as ROBERT BOSCH TOOL CORPORATION (670) and ROBERT BOSCH LLC (153) were at the forefront of shipping Nitrile Compounds from Brazil to the United States.

Latest Trends

February 2024

About

Overview In February 2024 Brazil's Nitrile Compounds exports accounted up to $53k and imports accounted up to $8.45M, resulting in a negative trade balance of $8.39M. Between February 2023 and February 2024 the exports of Brazil's Nitrile Compounds have decreased by $-11.9M (-99.6%) from $12M to $53k, while imports decreased by $-1.25M (-12.9%) from $9.69M to $8.45M.

Destinations In February 2024, Nitrile Compounds were exported mostly to United States ($35.5k), Argentina ($13.8k), Uruguay ($3.63k), and Paraguay ($40), and were imported mostly from China ($5.93M), India ($1.02M), United States ($666k), Germany ($483k), and Taiwan ($217k).

Growth In February 2024, the decrease in Nitrile Compounds's year-by-year exports was explained primarily by a decrease in exports to Argentina ($-65.4k or -81.1%). In February 2024, the decrease in Nitrile Compounds's year-by-year imports was explained primarily by a decrease in imports from France ($-6.54M or -100%), China ($-4.31M or -36.3%), and Germany ($-247k or -47.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$-11.9M(-99.6%)

IMPORT GROWTH (February 2023 - February 2024)$-1.25M(-12.9%)

MAIN EXPORTER (February 2024)Bahia$109k

MAIN DESTINATION (February 2024)United States$35.5k

This section shows Nitrile Compounds'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 Nitrile Compounds over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$112M

IMPORTS (2022)$368M

NET TRADE (2022)-$256M

In 2022, Brazil exported $112M in Nitrile Compounds. The main destinations of Brazil exports on Nitrile Compounds were Mexico ($51.8M), Turkey ($23.6M), India ($8.6M), Netherlands ($6.98M), and United States ($6.51M).

In 2022, Brazil imported $368M in Nitrile Compounds, mainly from China ($189M), India ($77.3M), United States ($27.6M), United Kingdom ($23.1M), and Japan ($21.7M).

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