Iron Fasteners in Brazil | The Observatory of Economic Complexity

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Exports In 2022, Brazil exported $166M in Iron Fasteners, making it the 29th largest exporter of Iron Fasteners in the world. At the same year, Iron Fasteners was the 168th most exported product in Brazil. The main destination of Iron Fasteners exports from Brazil are: Argentina ($53.9M), United States ($33.4M), Paraguay ($15.4M), Germany ($8.64M), and France ($7.39M).

The fastest growing export markets for Iron Fasteners of Brazil between 2021 and 2022 were Argentina ($11.8M), United States ($7.07M), and Germany ($2.17M).

Imports In 2022, Brazil imported $928M in Iron Fasteners, becoming the 16th largest importer of Iron Fasteners in the world. At the same year, Iron Fasteners was the 56th most imported product in Brazil. Brazil imports Iron Fasteners primarily from: China ($313M), United States ($140M), Germany ($91.9M), Japan ($85.8M), and Italy ($48.8M).

The fastest growing import markets in Iron Fasteners for Brazil between 2021 and 2022 were China ($48.6M), United States ($28.8M), and Japan ($9.26M).

COMPANIES In 2023, leading companies such as ROBERT BOSCH TOOL CORPORATION (6.16k) and ROBERT BOSCH LLC (918) were at the forefront of shipping Iron Fasteners from Brazil to the United States.

Latest Trends

February 2024

About

Overview In February 2024 Brazil's Iron Fasteners exports accounted up to $11.1M and imports accounted up to $75.6M, resulting in a negative trade balance of $64.5M. Between February 2023 and February 2024 the exports of Brazil's Iron Fasteners have decreased by $-185k (-1.64%) from $11.3M to $11.1M, while imports increased by $4.52M (6.36%) from $71.1M to $75.6M.

Destinations In February 2024, Iron Fasteners were exported mostly to United States ($2.66M), Argentina ($2.48M), Paraguay ($1.24M), France ($745k), and Germany ($540k), and were imported mostly from China ($22.5M), United States ($13.5M), Germany ($5.77M), Japan ($5.49M), and Italy ($5.33M).

Growth In February 2024, the decrease in Iron Fasteners's year-by-year exports was explained primarily by a decrease in exports to Argentina ($-2.06M or -54.4%), France ($-971k or -70.7%), and Italy ($-81.5k or -57%). In February 2024, the increase in Iron Fasteners's year-by-year imports was explained primarily by an increase in imports from United States ($1.54M or 12.8%), Germany ($1.51M or 19.8%), and France ($977k or 31.9%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$-185k(-1.64%)

IMPORT GROWTH (February 2023 - February 2024)$4.52M(6.36%)

MAIN EXPORTER (February 2024)São Paulo$5.68M

MAIN DESTINATION (February 2024)United States$2.66M

This section shows Iron Fasteners's exports and imports data at subnational level for Brazil. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Iron Fasteners over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$166M

IMPORTS (2022)$928M

NET TRADE (2022)-$762M

In 2022, Brazil exported $166M in Iron Fasteners. The main destinations of Brazil exports on Iron Fasteners were Argentina ($53.9M), United States ($33.4M), Paraguay ($15.4M), Germany ($8.64M), and France ($7.39M).

In 2022, Brazil imported $928M in Iron Fasteners, mainly from China ($313M), United States ($140M), Germany ($91.9M), Japan ($85.8M), and Italy ($48.8M).

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