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Who buys Brazil’s refined petroleum products? Export destinations 2024

In 2024, Brazil exported $9.7 billion of refined petroleum products (15.9 million tonnes), 1.1% of the world total. Its main destinations were Singapore (31%), the United States (21%) and Panama (6%). Brazil was the world’s 23rd-largest exporter of refined petroleum products.

Summary

Value
$9.7billion
Tonnes
15.9million tonnes
Share of world total
1.1%
World rank
23rd
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
Singapore re-exports3Tonnes: 6,366,636USD per tonne: $47131%Sea
United States2.1Tonnes: 3,123,813USD per tonne: $65921.3%Sea
Panama0.57Tonnes: 654,184USD per tonne: $8785.9%Sea
China0.54Tonnes: 1,050,249USD per tonne: $5155.6%Sea
Liberia0.39Tonnes: 611,514USD per tonne: $6384%Sea
United Arab Emirates0.35Tonnes: 559,197USD per tonne: $6213.6%Sea
Marshall Islands0.3Tonnes: 471,277USD per tonne: $6423.1%Sea
Togo0.27Tonnes: 385,869USD per tonne: $7042.8%Sea
Netherlands re-exports0.25Tonnes: 313,020USD per tonne: $7872.6%Sea
Paraguay0.22Tonnes: 184,344USD per tonne: $1,1672.2%Land
Spain0.21Tonnes: 214,018USD per tonne: $9882.2%Sea
Hong Kong re-exports0.16Tonnes: 253,561USD per tonne: $6331.7%Sea
Malaysia0.14Tonnes: 128,102USD per tonne: $1,1021.5%Sea
United Kingdom0.11Tonnes: 92,793USD per tonne: $1,1691.1%Sea
Bahamas0.11Tonnes: 165,596USD per tonne: $6531.1%Sea
Norway0.1Tonnes: 160,270USD per tonne: $6461.1%Sea
Germany0.08Tonnes: 71,384USD per tonne: $1,0680.79%Sea
Saudi Arabia0.08Tonnes: 74,177USD per tonne: $1,0180.78%Sea
Argentina0.07Tonnes: 86,275USD per tonne: $8190.73%Sea
France0.05Tonnes: 84,703USD per tonne: $6420.56%Sea

Trend

Who it sells to

Singapore has been its main destination since 2020

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

  • Singapore 3
  • United States 2.1
  • Panama 0.57
  • China 0.54
  • Liberia 0.39

Source: CEPII BACI

Show the numbers
Partner19952024
Singapore03
United States0.112.1
Panama< 0.010.57
China< 0.010.54
Liberia00.39

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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