The value of exports of commodity group 7202 "Ferro-alloys." from Brazil totalled $ 3.88 billion in 2023. Sales of commodity group 7202 from Brazil decreased by 4.71% in value terms compared to 2022. exports of commodity group 7202 "Ferro-alloys." decreased by $ 192 million (cumulative exports of commodity group 7202 from Brazil amounted $4.07 billion in 2022)
Exports of commodity group 7202 "Ferro-alloys." amounted to 1.14% of total exports from Brazil (cumulative merchandise exports from Brazil totalled $ 339 billion in 2023). The share of commodity group 7202 in total exports from Brazil decreased by 0.075 p.p. compared to 2022 (it was 1.21% in 2022 and cumulative exports from Brazil were equal to $ 334 billion).
Exports of commodity group 7202 amounted to 26% of total sales of group "" from Brazil in 2023 (the value of exports of commodity group from Brazil amounted to $14.6 billion in 2023). The share of exports of commodity group 7202 in sales of commodity group from Brazil increased by 2.1 p.p. compared to 2022 (it was 24% in 2022, and exports of commodity group from Brazil were $16.6 billion).
Where does Brazil export Ferro-alloys.?
Top export destinations of "Ferro-alloys." from Brazil in 2023:
- China with a share of 34% (1.32 billion US$)
- Netherlands with a share of 15.9% (618 million US$)
- Japan with a share of 8.96% (348 million US$)
- USA with a share of 8.15% (316 million US$)
- Korea with a share of 5.67% (220 million US$)
- Singapore with a share of 4.7% (182 million US$)
- Italy with a share of 3.63% (141 million US$)
- Belgium with a share of 3.25% (126 million US$)
- United Kingdom with a share of 2.53% (98 million US$)
- Spain with a share of 2.12% (82 million US$)
Exports structure of 7202 - Ferro-alloys. - from Brazil in 2023 represented by the following main commodity groups:
- 58% (2.25 billion US$): 720293 - Ferro-niobium, in granular/powder form
- 22% (855 million US$): 720260 - Ferro-nickel, in granular/powder form
- 9.46% (367 million US$): 720221 - Ferro-silicon, cont. by wt. >55% of silicon, in granular/powder form
- 4.8% (186 million US$): 720299 - Ferro-alloys; n.e.s. in heading no. 7202
- 1.84% (71 million US$): 720270 - Ferro-molybdenum, in granular/powder form
- 1.35% (52 million US$): 720230 - Ferro-silico-manganese, in granular/powder form
- 1.13% (43 million US$): 720241 - Ferro-chromium, cont. by wt. >4% of carbon, in granular/powder form
- 0.821% (31 million US$): 720249 - Ferro-chromium, other than that cont. by wt. >4% of carbon, in granular/powder form
- 0.166% (6.45 million US$): 720229 - Ferro-silicon, other than that cont. >55% of silicon, in granular/powder form
- 0.132% (5.13 million US$): 720211 - Ferro-manganese, cont. by wt. >2% of carbon, in granular/powder form
The value of imports of commodity group 7202 "Ferro-alloys." to Brazil totalled $ 213 million in 2023. Sales of commodity group 7202 to Brazil decreased by 44% in value terms compared to 2022. imports of commodity group 7202 "Ferro-alloys." decreased by $ 172 million (the value of imports of commodity group 7202 to Brazil was equal to $386 million in 2022)
Imports of commodity group 7202 "Ferro-alloys." accounted for 0.084% of total import flow to Brazil (in 2023, total imports to Brazil amounted to $ 252 billion). The share of commodity group 7202 in total imports to Brazil decreased by 0.047 p.p. compared to 2022 (it was 0.132% in 2022 and cumulative imports to Brazil were equal to $ 292 billion).
Imports of commodity group 7202 reached 4.33% of total imports of group "" to Brazil in 2023 (imports of commodity group to Brazil totalled $4.93 billion in 2023). The share of purchases of commodity group 7202 in imports of commodity group to Brazil went down by 3.82 p.p. compared to 2022 (it was 8.16% in 2022, and imports of commodity group to Brazil accounted for $4.73 billion).
Where does Brazil import Ferro-alloys. from?
Top trading partners (import of "Ferro-alloys.") of Brazil in 2023:
- India with a share of 23% (49 million US$)
- Norway with a share of 17.8% (38 million US$)
- China with a share of 9.42% (20 million US$)
- Chile with a share of 8.76% (18.7 million US$)
- Sweden with a share of 6.17% (13.2 million US$)
- South Africa with a share of 5.02% (10.7 million US$)
- Paraguay with a share of 4.95% (10.5 million US$)
- Canada with a share of 4.7% (10 million US$)
- Germany with a share of 3.61% (7.72 million US$)
- Korea with a share of 2.3% (4.93 million US$)
Imports structure of 7202 - Ferro-alloys. - to Brazil in 2023 represented by the following main commodity groups:
- 23% (50 million US$): 720219 - Ferro-manganese, other than that cont. by wt. >2% of carbon, in granular/powder form
- 10.5% (22 million US$): 720241 - Ferro-chromium, cont. by wt. >4% of carbon, in granular/powder form
- 10% (21 million US$): 720270 - Ferro-molybdenum, in granular/powder form
- 9.17% (19.6 million US$): 720211 - Ferro-manganese, cont. by wt. >2% of carbon, in granular/powder form
- 8.48% (18.1 million US$): 720229 - Ferro-silicon, other than that cont. >55% of silicon, in granular/powder form
- 7.33% (15.6 million US$): 720230 - Ferro-silico-manganese, in granular/powder form
- 7.12% (15.2 million US$): 720221 - Ferro-silicon, cont. by wt. >55% of silicon, in granular/powder form
- 5.64% (12 million US$): 720249 - Ferro-chromium, other than that cont. by wt. >4% of carbon, in granular/powder form
- 5.6% (11.9 million US$): 720292 - Ferro-vanadium, in granular/powder form
- 5.48% (11.7 million US$): 720299 - Ferro-alloys; n.e.s. in heading no. 7202