Electrical Power Accessories in Brazil | The Observatory of Economic Complexity

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Exports In 2022, Brazil exported $58.1M in Electrical Power Accessories, making it the 44th largest exporter of Electrical Power Accessories in the world. At the same year, Electrical Power Accessories was the 310th most exported product in Brazil. The main destination of Electrical Power Accessories exports from Brazil are: United States ($16.2M), Argentina ($7.69M), Mexico ($6.18M), Paraguay ($3.71M), and Germany ($2.89M).

The fastest growing export markets for Electrical Power Accessories of Brazil between 2021 and 2022 were United States ($3.06M), Guatemala ($1.71M), and Argentina ($1.62M).

Imports In 2022, Brazil imported $346M in Electrical Power Accessories, becoming the 30th largest importer of Electrical Power Accessories in the world. At the same year, Electrical Power Accessories was the 141st most imported product in Brazil. Brazil imports Electrical Power Accessories primarily from: China ($72.3M), Germany ($66.9M), United States ($50.7M), India ($20M), and Italy ($19.6M).

The fastest growing import markets in Electrical Power Accessories for Brazil between 2021 and 2022 were Germany ($19.1M), China ($12.8M), and United States ($8.78M).

COMPANIES In 2023, leading companies such as ABB MOTORS AND MECHANICAL INC (68) were at the forefront of shipping Electrical Power Accessories from Brazil to the United States.

Latest Trends

February 2024

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Overview In February 2024 Brazil's Electrical Power Accessories exports accounted up to $4.57M and imports accounted up to $26.9M, resulting in a negative trade balance of $22.3M. Between February 2023 and February 2024 the exports of Brazil's Electrical Power Accessories have increased by $372k (8.86%) from $4.19M to $4.57M, while imports increased by $2.07M (8.37%) from $24.8M to $26.9M.

Destinations In February 2024, Electrical Power Accessories were exported mostly to United States ($1.13M), Argentina ($438k), China ($363k), Uruguay ($355k), and Germany ($313k), and were imported mostly from China ($5.44M), Germany ($4.73M), United States ($3.52M), Italy ($1.51M), and Mexico ($1.46M).

Growth In February 2024, the increase in Electrical Power Accessories's year-by-year exports was explained primarily by an increase in exports to Guatemala ($116k or 261%), India ($96.5k or 148%), and Paraguay ($96k or 42.3%). In February 2024, the increase in Electrical Power Accessories's year-by-year imports was explained primarily by an increase in imports from Germany ($2.01M or 46.5%), China ($1.08M or 14.1%), and Italy ($709k or 57.3%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$372k(8.86%)

IMPORT GROWTH (February 2023 - February 2024)$2.07M(8.37%)

MAIN EXPORTER (February 2024)São Paulo$3.09M

MAIN DESTINATION (February 2024)United States$1.13M

This section shows Electrical Power Accessories'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 Electrical Power Accessories over time.

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