Briefing on Import of Pesticides by Brazil in 2014-2018
Pesticides are the 96th most traded product and the 549th most complex product according to the Product Complexity Index (PCI). Top 5 Exporters of Pesticides Around the Globe (Data Source: OEC) According to statistics from the Observatory of Economic Complexity (OEC), the top exporters of Pesticides are China, accounting for 15% of total exports around the globe, followed by Germany and France. Top 8 Importers of Pesticides in 2018 (Data Source: ITC TRADE MAP) Top 7 Destinations of China’s Pesticide Exports in 2014-2018 (Data Source: ITC TRADE MAP) Seen from the pesticide export market, the top 7 countries in China's pesticide export market in 2018 were Brazil, Thailand, the United States, Australia, Nigeria, Indonesia, and Vietnam. Currently, Asia, South America and Africa are the main destinations of China’s pesticide exports, and the total amount of pesticides that China exports to these three areas accounts for nearly 65 percent of China’s total pesticide export volume. Southeast Asia and Brazil will continue to be China’s major export market for pesticides due to the high proportion of agriculture, similar to China's crop cultivation and the relatively small market competition. As one of the world’s top consumers of pesticides, Brazil continues to be strongly dependent on pesticides imports, says CropChem, a Brazilian company specialized in formulating and distributing pesticides in the Brazilian market. Export Value of Pesticides From China to Brazil in 2014-2018 (Data Source: ITC TRADE MAP) According to statistics from ITC, in the past five years, the pesticides import by Brazil from China has shown an increasing path, seeing a sharp rise since 2015. In 2018, the export volume of pesticides by China to Brazil reached 106,794 tons showing a 17% YoY increase with the export value amounting to US $494,158,000. Total Import Value of Pesticides by Brazil in 2014-2018 (Data Source: ITC TRADE MAP) It is shown that, from 2014 to 2016, the pesticides import by Brazil saw a downward path, down by -23% year on year in 2016. However, from 2016 to 2018, it saw an upward path, up by 20% in 2018 compared with that of 2017. Import Weight of Pesticides by Brazil in 2014-2018 (Data Source: ITC TRADE MAP) It is shown that, in 2018, the leading supplier of pesticides to Brazil is China, followed by India, Argentina, USA, and Israel. The pesticides import from China and India showed an upward trend over the last five years, while Brazil is becoming less dependent on pesticides from Argentina. Especially since 2015, Brazil has been greatly dependent on import of pesticides from China. This phenomenon should be maintained, or even amplified. Import Value of Pesticides by Brazil in 2014-2018 (Data Source: ITC TRADE MAP) It is indicated that, though China is the leading supplier for the Brazilian pesticides market over the past five years, USA ranks first in the top five in terms of import value of pesticides in Brazil. However, the import value of pesticides from China and India is seeing an increasing trend during the same period, while the exported value by France to Brazil showed a grim path. Imports of Various Types of Pesticides by Brazil in 2014-2018 Import Value of Rodenticides by Brazil in 2014-2018 (Data Source: ITC TRADE MAP) Since 2017, the imported value of rodenticides by Brazil from Israel is seeing a steep rise and ranked the 1st among the top five export suppliers. Since 2015, the import value of the same product from China is showing a general upward path, while that from the USA is showing a sharp decline from 2015 to 2016, and then a steady weak rise in the past three years. Import Value of Disinfectants by Brazil in 2014-2018 (Data Source: ITC TRADE MAP) It is seen that, in terms of the import value of disinfectants by Brazil in the past five years, China and the USA ranked the top 2, seeing a sharp increasing path especially since 2016. And China outnumbered the USA on the aspect of import value of the disinfectants in 2018. Import Value of Herbicides by Brazil in 2014-2018 (Data Source: ITC TRADE MAP) Apparently, China and the USA are the top two leading suppliers of herbicides to Brazil from 2014 to 2018. The herbicides imported from China from 2015 to 2018 have seen a sharp rise and has become the champion in the herbicides import market in Brazil since 2016. Import Value of Fungicides by Brazil in 2014-2018 (Data Source: ITC TRADE MAP) France is the top supplier of fungicides in the Brazil market, and the fungicides import value from France is much higher above others despite of a sharp decline since 2015. Import Value of Insecticides by Brazil in 2014-2018 (Data Source: ITC TRADE MAP) In spite of a steep decrease from 2014 to 2017, the USA still won the Brazilian insecticides import market, and saw a weak increase since 2017. Given that Brazil has emerged as the world's biggest consumer of pesticides owing to the widespread applications in agriculture, an important industry in Brazil, China, as one of the top producers of pesticides, could easily make a way into the Brazilian agrochemical market with the collaboration of OKCHEM, the most professional and leading B2B platform of chemicals. With 20 offices around the globe, we are always dedicated to offering a large basket of best solution for both chemical buyers and sellers, with the objective of helping them grow business and go farther. 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