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Where does Brazil get its steel? Import sources 2024

In 2024, Brazil imported $4.7 billion of steel (5.5 million tonnes), 1.3% of the world total. China sold 51% of the total, followed by Russia (9%) and South Korea (5%). Brazil was the world’s 24th-largest importer of steel.

Summary

Value
$4.7billion
Tonnes
5.5million tonnes
Share of world total
1.3%
World rank
24th
Routes from the main sources. Width: value; color: estimated transport mode.SeaAirLand

Sources

The 20 main sources in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
China2.4Tonnes: 3,108,197USD per tonne: $76550.9%Sea
Russia0.4Tonnes: 718,654USD per tonne: $5628.7%Sea
South Korea0.26Tonnes: 216,747USD per tonne: $1,1795.5%Sea
Germany0.25Tonnes: 204,970USD per tonne: $1,2305.4%Sea
Japan0.18Tonnes: 229,698USD per tonne: $7853.9%Sea
United States0.14Tonnes: 37,206USD per tonne: $3,7563%Sea
Egypt0.13Tonnes: 225,200USD per tonne: $5922.9%Sea
India0.12Tonnes: 61,794USD per tonne: $1,9002.5%Sea
Vietnam0.12Tonnes: 183,878USD per tonne: $6362.5%Sea
Sweden0.08Tonnes: 39,862USD per tonne: $2,0861.8%Sea
Italy0.07Tonnes: 48,036USD per tonne: $1,5411.6%Sea
Argentina0.06Tonnes: 71,626USD per tonne: $8451.3%Sea
Austria0.06Tonnes: 29,270USD per tonne: $1,9281.2%Sea
Turkey0.05Tonnes: 57,046USD per tonne: $9411.2%Sea
United Kingdom0.04Tonnes: 25,286USD per tonne: $1,7770.96%Sea
France0.04Tonnes: 16,014USD per tonne: $2,7570.95%Sea
Indonesia0.03Tonnes: 33,868USD per tonne: $9450.69%Sea
Belgium re-exports0.03Tonnes: 16,650USD per tonne: $1,6900.6%Sea
Peru0.03Tonnes: 37,950USD per tonne: $7100.58%Sea
Spain0.03Tonnes: 18,157USD per tonne: $1,4680.57%Sea

Trend

Who it buys from

China has been its main source since 2007

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

  • China 2.4
  • Russia 0.4
  • South Korea 0.26
  • Germany 0.25
  • Japan 0.18

Source: CEPII BACI

Show the numbers
Partner19952024
China< 0.012.4
Russia00.4
South Korea0.010.26
Germany0.060.25
Japan0.030.18

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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