Lifting Machinery in Brazil | The Observatory of Economic Complexity

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Exports In 2022, Brazil exported $183M in Lifting Machinery, making it the 28th largest exporter of Lifting Machinery in the world. At the same year, Lifting Machinery was the 150th most exported product in Brazil. The main destination of Lifting Machinery exports from Brazil are: Argentina ($38.6M), Mexico ($30.7M), Chile ($24.7M), Paraguay ($18.9M), and United States ($13.2M).

The fastest growing export markets for Lifting Machinery of Brazil between 2021 and 2022 were Argentina ($21.9M), Mexico ($6.14M), and Chile ($5.05M).

Imports In 2022, Brazil imported $339M in Lifting Machinery, becoming the 28th largest importer of Lifting Machinery in the world. At the same year, Lifting Machinery was the 146th most imported product in Brazil. Brazil imports Lifting Machinery primarily from: China ($96.7M), Germany ($49.1M), Italy ($34.1M), United States ($33.2M), and Spain ($17.5M).

The fastest growing import markets in Lifting Machinery for Brazil between 2021 and 2022 were China ($57.1M), Romania ($6.19M), and Spain ($3.75M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Lifting Machinery from Brazil to the United States.

Latest Trends

February 2024

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Overview In February 2024 Brazil's Lifting Machinery exports accounted up to $11.8M and imports accounted up to $43.5M, resulting in a negative trade balance of $31.7M. Between February 2023 and February 2024 the exports of Brazil's Lifting Machinery have increased by $2.82M (31.5%) from $8.96M to $11.8M, while imports increased by $23.8M (121%) from $19.7M to $43.5M.

Destinations In February 2024, Lifting Machinery were exported mostly to Argentina ($2.37M), Mexico ($2.37M), Paraguay ($1.78M), Chile ($1.26M), and United States ($1.05M), and were imported mostly from China ($13.3M), Germany ($9.03M), United States ($7.27M), Italy ($6.37M), and Denmark ($1.74M).

Growth In February 2024, the increase in Lifting Machinery's year-by-year exports was explained primarily by an increase in exports to Argentina ($1.49M or 101%), Chile ($856k or 58.9%), and Uruguay ($632k or 357%). In February 2024, the increase in Lifting Machinery's year-by-year imports was explained primarily by an increase in imports from Germany ($5.07M or 669%), Italy ($3.92M or 290%), and Spain ($3.49M or 2.87k%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$2.82M(31.5%)

IMPORT GROWTH (February 2023 - February 2024)$23.8M(121%)

MAIN EXPORTER (February 2024)São Paulo$7.89M

MAIN DESTINATION (February 2024)Argentina$2.37M

This section shows Lifting Machinery'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 Lifting Machinery over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$183M

IMPORTS (2022)$339M

NET TRADE (2022)-$156M

In 2022, Brazil exported $183M in Lifting Machinery. The main destinations of Brazil exports on Lifting Machinery were Argentina ($38.6M), Mexico ($30.7M), Chile ($24.7M), Paraguay ($18.9M), and United States ($13.2M).

In 2022, Brazil imported $339M in Lifting Machinery, mainly from China ($96.7M), Germany ($49.1M), Italy ($34.1M), United States ($33.2M), and Spain ($17.5M).

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