Brazil’s Fastest-Growing Import Partners

Brazil’s Fastest-Growing Import Partners

by Flagpictures.org

After analyzing 2014 data for 100 countries accounting for the greatest increases in imported Brazilian product sales, we found 13 nations that boosted the amount spent on Brazilian imports by over 100% since 2010.

Overall, exports originating from Brazil were up 14.1% from 2010. However, there was a year-over-year slowdown with Brazilian exports decreasing 7.1% since 2013.

Brazil’s Fastest-Growing Import Partners

Listed below in descending order below are the fastest-growing import countries for Brazil’s exported products. These nations boosted imports from Brazil by the greatest percentages over the five-year period ending in 2014.

  1. Bermuda: Up 849.7% since 2010 (US$27,419,000)
  2. Bahamas: Up 682.3% ($613,317,000)
  3. Aruba: Up 572.2% ($282,277,000)
  4. Oman: Up 467.9% ($859,209,000)
  5. Zimbabwe: Up 388.4% ($34,732,000)
  6. Latvia: Up 255.8% ($42,340,000)
  7. Belarus: Up 248.1% ($73,981,000)
  8. Viet Nam: Up 244.1% ($1,592,852,000)
  9. Sierra Leone: Up 208.2% ($43,812,000)
  10. Cyprus: Up 169.4% ($42,945,000)
  11. Georgia: Up 156.9% ($276,798,000)
  12. Singapore: Up 156.2% ($3,348,167,000)
  13. Malta: Up 111.5% ($62,072,000)
  14. Congo: Up 94.1% ($86,153,000)
  15. Uruguay: Up 93.9% ($2,945,364,000)


 
Aircraft represents the fastest-growing Brazilian export delivered to Bermuda.

Accelerating at the quickest pace were Brazilian shipments of crude oil to the Bahamas and Aruba.

Shotgun cartridges were one of Brazil’s fastest-growing imports into Oman.

Research Sources:
International Monetary Fund, World Economic Outlook Database (GDP based on Purchasing Power Parity). Accessed on March 31, 2015

The World Factbook, Field Listing: Imports, Central Intelligence Agency. Accessed on March 31, 2015

Trade Map, International Trade Centre, www.intracen.org/marketanalysis. Accessed on March 31, 2015