Valves in Brazil | The Observatory of Economic Complexity

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Exports In 2022, Brazil exported $596M in Valves, making it the 29th largest exporter of Valves in the world. At the same year, Valves was the 57th most exported product in Brazil. The main destination of Valves exports from Brazil are: United States ($165M), Guyana ($133M), Norway ($94M), Argentina ($33.3M), and Germany ($23.4M).

The fastest growing export markets for Valves of Brazil between 2021 and 2022 were Guyana ($92.8M), Norway ($63.3M), and Argentina ($10.6M).

Imports In 2022, Brazil imported $1.66B in Valves, becoming the 17th largest importer of Valves in the world. At the same year, Valves was the 29th most imported product in Brazil. Brazil imports Valves primarily from: United States ($408M), China ($344M), Germany ($203M), Italy ($118M), and United Kingdom ($83.7M).

The fastest growing import markets in Valves for Brazil between 2021 and 2022 were United States ($44.1M), China ($30M), and Argentina ($10.4M).

COMPANIES In 2023, leading companies such as DUPONT SPECIALTY PRODUCTS USA, LLC (23) were at the forefront of shipping Valves from Brazil to the United States.

Latest Trends

February 2024

About

Overview In February 2024 Brazil's Valves exports accounted up to $47.1M and imports accounted up to $146M, resulting in a negative trade balance of $98.4M. Between February 2023 and February 2024 the exports of Brazil's Valves have decreased by $-115M (-70.8%) from $162M to $47.1M, while imports increased by $21.7M (17.6%) from $124M to $146M.

Destinations In February 2024, Valves were exported mostly to United States ($16.9M), Guyana ($16M), China ($1.71M), Germany ($1.66M), and Argentina ($1.61M), and were imported mostly from United States ($32.7M), China ($31M), Germany ($13.7M), Italy ($10.8M), and United Kingdom ($10.5M).

Growth In February 2024, the decrease in Valves's year-by-year exports was explained primarily by a decrease in exports to Argentina ($-1.19M or -44.9%), Colombia ($-285k or -32.5%), and France ($-257k or -33.4%). In February 2024, the increase in Valves's year-by-year imports was explained primarily by an increase in imports from United States ($6.8M or 28.8%), United Kingdom ($3.13M or 66.5%), and Germany ($2.36M or 15.4%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$-115M(-70.8%)

IMPORT GROWTH (February 2023 - February 2024)$21.7M(17.6%)

MAIN EXPORTER (February 2024)São Paulo$21.2M

MAIN DESTINATION (February 2024)United States$16.9M

This section shows Valves'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 Valves over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$596M

IMPORTS (2022)$1.66B

NET TRADE (2022)-$1.06B

In 2022, Brazil exported $596M in Valves. The main destinations of Brazil exports on Valves were United States ($165M), Guyana ($133M), Norway ($94M), Argentina ($33.3M), and Germany ($23.4M).

In 2022, Brazil imported $1.66B in Valves, mainly from United States ($408M), China ($344M), Germany ($203M), Italy ($118M), and United Kingdom ($83.7M).

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