Exports of Brazilian cosmetics grow steady from January to July
Aug, 18, 2022 Posted by Gabriel MalheirosWeek 202233
The Brazilian Personal Hygiene, Perfumery, and Cosmetics industry continue with a strong growth trend in exports. From January to July 2022, exports reached US$ 445.3 million, a growth of 14.0% compared to the same period in 2021 (US$ 391.1 million).
The trade flow in the same period totaled US$ 854.8 million, a 5.1% rise over the same period in 2021 when it totaled US$ 813.1 million.
The trade balance in the period had a surplus of US$ 35.8 million, reversing the deficit in 2021 (US$ – 30.8 million). Imports totaled US$ 409.5 million, a reduction of 3.0% compared to the January-July period of the previous year (US$ 422.0 million).
See below the track record of cosmetics shipments from Brazil from January 2021 to June 2022. The Mercosur’s customs code classification (NCMs) considered for the chart below were HS 3006, HS 2914, HS 2814, HS 2712, and HS 1211. The data is from DataLiner.
Brazilian Exports of Cosmetics | Jan 2021 – Jun 2019 | TEUs
Source: DataLiner (click here to request a demo)
In July, exports reached US$ 64.1 million, an increase of 9.7% compared to the same month of the previous year, which resulted in US$ 58.4 million. On the other hand, imports totaled US$ 60.6 million, an increase of 9.4% compared to July 2021 (US$ 55.4 million). As a result, the trade flow in July 2022 reached US$ 124.7 million, an increase of 9.6% compared to the same month in 2021, where it closed at US$ 113.8 million.
Hair products were the most shipped item in July, accounting for $16.0 million, followed by soaps ($8.8 million) and oral hygiene products ($7.2 million). As for imports, fragrances (US$ 14.6 million) maintained their lead, followed by skin creams, sunblocks, and suntan lotions (US$ 13.0 million). Oral hygiene is the third most imported category with a total value of US$ 5.7 million.
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