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Who buys Brazil’s ferroalloys? Export destinations 2024

In 2024, Brazil exported $4 billion of ferroalloys (638 thousand tonnes), 9.1% of the world total. Its main destinations were China (32%), the Netherlands (15%) and the United States (10%). Brazil was the world’s 3rd-largest exporter of ferroalloys.

Summary

Value
$4billion
Tonnes
638thousand tonnes
Share of world total
9.1%
World rank
3rd
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
China1.3Tonnes: 93,611USD per tonne: $13,57831.8%Sea
Netherlands re-exports0.61Tonnes: 74,802USD per tonne: $8,09815.2%Sea
United States0.39Tonnes: 114,661USD per tonne: $3,3629.6%Sea
Japan0.33Tonnes: 78,811USD per tonne: $4,2168.3%Sea
South Korea0.32Tonnes: 54,050USD per tonne: $6,0098.1%Sea
Singapore re-exports0.19Tonnes: 10,276USD per tonne: $18,5024.8%Sea
Finland0.1Tonnes: 20,407USD per tonne: $4,7572.4%Sea
Italy0.07Tonnes: 18,956USD per tonne: $3,5081.7%Sea
Belgium re-exports0.06Tonnes: 9,490USD per tonne: $6,0811.4%Sea
France0.06Tonnes: 8,133USD per tonne: $2,5341.4%Sea
United Kingdom0.05Tonnes: 9,633USD per tonne: $5,5841.4%Sea
India0.05Tonnes: 11,604USD per tonne: $4,5541.3%Sea
Spain0.04Tonnes: 16,477USD per tonne: $2,6461.1%Sea
Germany0.04Tonnes: 7,212USD per tonne: $5,8371.1%Air
South Africa0.04Tonnes: 7,140USD per tonne: $5,7561%Sea
Canada0.04Tonnes: 14,364USD per tonne: $2,7310.98%Sea
Argentina0.04Tonnes: 20,583USD per tonne: $1,7310.89%Land
Turkey0.03Tonnes: 6,539USD per tonne: $5,2780.86%Sea
Austria0.03Tonnes: 3,699USD per tonne: $9,3190.86%Sea
Mexico0.03Tonnes: 7,844USD per tonne: $4,1790.82%Sea

Trend

Who it sells to

China has been its main destination since 2015

Value in USD billions. The five largest destinations in 2024.

  • China 1.3
  • Netherlands 0.61
  • United States 0.39
  • Japan 0.33
  • South Korea 0.32

Source: CEPII BACI

Show the numbers
Partner19952024
China< 0.011.3
Netherlands0.030.61
United States0.110.39
Japan0.130.33
South Korea0.010.32

Sources and methodology

Other products of this country

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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