Other Iron Products in Brazil | The Observatory of Economic Complexity

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Exports In 2022, Brazil exported $178M in Other Iron Products, making it the 40th largest exporter of Other Iron Products in the world. At the same year, Other Iron Products was the 157th most exported product in Brazil. The main destination of Other Iron Products exports from Brazil are: United States ($50M), Argentina ($20.4M), Thailand ($12.1M), Chile ($9.45M), and Bolivia ($8.17M).

The fastest growing export markets for Other Iron Products of Brazil between 2021 and 2022 were United States ($12.3M), Argentina ($6.73M), and Bolivia ($3.07M).

Imports In 2022, Brazil imported $773M in Other Iron Products, becoming the 27th largest importer of Other Iron Products in the world. At the same year, Other Iron Products was the 66th most imported product in Brazil. Brazil imports Other Iron Products primarily from: China ($240M), United States ($92.4M), Germany ($68.8M), Chile ($66.6M), and Italy ($40M).

The fastest growing import markets in Other Iron Products for Brazil between 2021 and 2022 were China ($37.7M), United States ($18M), and Chile ($13.6M).

COMPANIES In 2023, leading companies such as TOYOTA MOTOR MANUFACTURING (20), CNH INDUSTRIAL AMERICA LLC (1), and VOLVO GROUP NORTH AMERICA LLC (1) were at the forefront of shipping Other Iron Products from Brazil to the United States.

Latest Trends

March 2024

About

Overview In March 2024 Brazil's Other Iron Products exports accounted up to $10.8M and imports accounted up to $56.1M, resulting in a negative trade balance of $45.3M. Between March 2023 and March 2024 the exports of Brazil's Other Iron Products have decreased by $-5.55M (-33.9%) from $16.4M to $10.8M, while imports decreased by $-7.53M (-11.8%) from $63.6M to $56.1M.

Destinations In March 2024, Other Iron Products were exported mostly to United States ($3.23M), Argentina ($1.13M), Mexico ($814k), Colombia ($712k), and Chile ($641k), and were imported mostly from China ($15.7M), United States ($10.4M), Italy ($3.68M), Germany ($3.4M), and France ($3.31M).

Growth In March 2024, the decrease in Other Iron Products's year-by-year exports was explained primarily by a decrease in exports to Thailand ($-1.21M or -82.5%), Japan ($-781k or -80.5%), and India ($-399k or -94.5%). In March 2024, the decrease in Other Iron Products's year-by-year imports was explained primarily by a decrease in imports from Spain ($-1.54M or -53.7%), United States ($-871k or -10.2%), and Chile ($-824k or -20.3%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)$-5.55M(-33.9%)

IMPORT GROWTH (March 2023 - March 2024)$-7.53M(-11.8%)

MAIN EXPORTER (March 2024)São Paulo$5.53M

MAIN DESTINATION (March 2024)United States$3.23M

This section shows Other Iron Products'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 Other Iron Products over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$178M

IMPORTS (2022)$773M

NET TRADE (2022)-$595M

In 2022, Brazil exported $178M in Other Iron Products. The main destinations of Brazil exports on Other Iron Products were United States ($50M), Argentina ($20.4M), Thailand ($12.1M), Chile ($9.45M), and Bolivia ($8.17M).

In 2022, Brazil imported $773M in Other Iron Products, mainly from China ($240M), United States ($92.4M), Germany ($68.8M), Chile ($66.6M), and Italy ($40M).

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