Motor vehicles; parts and accessories (8701 to 8705) in Brazil

About

Exports In 2022, Brazil exported $2.55B in Motor vehicles; parts and accessories (8701 to 8705), making it the 27th largest exporter of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 23rd most exported product in Brazil. The main destination of Motor vehicles; parts and accessories (8701 to 8705) exports from Brazil are: Argentina ($1.41B), United States ($292M), Mexico ($199M), Colombia ($114M), and Germany ($67.2M).

The fastest growing export markets for Motor vehicles; parts and accessories (8701 to 8705) of Brazil between 2021 and 2022 were Argentina ($439M), Mexico ($59.4M), and Colombia ($47.3M).

Imports In 2022, Brazil imported $7.96B in Motor vehicles; parts and accessories (8701 to 8705), becoming the 14th largest importer of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 3rd most imported product in Brazil. Brazil imports Motor vehicles; parts and accessories (8701 to 8705) primarily from: China ($1.06B), Japan ($915M), Germany ($879M), United States ($722M), and Mexico ($650M).

The fastest growing import markets in Motor vehicles; parts and accessories (8701 to 8705) for Brazil between 2021 and 2022 were United States ($141M), China ($120M), and Netherlands ($98.7M).

COMPANIES In 2023, leading companies such as ROBERT BOSCH TOOL CORPORATION (16.5k), ROBERT BOSCH LLC (918), and FORD MOTOR COMPANY (480) were at the forefront of shipping Motor vehicles; parts and accessories (8701 to 8705) from Brazil to the United States.

Latest Trends

February 2024

About

Overview In February 2024 Brazil's Motor vehicles; parts and accessories (8701 to 8705) exports accounted up to $195M and imports accounted up to $497M, resulting in a negative trade balance of $303M. Between February 2023 and February 2024 the exports of Brazil's Motor vehicles; parts and accessories (8701 to 8705) have decreased by $-27.9M (-12.5%) from $222M to $195M, while imports decreased by $-21.3M (-4.1%) from $519M to $497M.

Destinations In February 2024, Motor vehicles; parts and accessories (8701 to 8705) were exported mostly to Argentina ($103M), United States ($27.3M), Mexico ($15M), Germany ($6.26M), and Colombia ($5.49M), and were imported mostly from China ($97.4M), Japan ($52.5M), Mexico ($42.1M), Germany ($38.6M), and Argentina ($34.8M).

Growth In February 2024, the decrease in Motor vehicles; parts and accessories (8701 to 8705)'s year-by-year exports was explained primarily by a decrease in exports to Russia ($-5.75M or -98.9%), China ($-1.14M or -78.7%), and Japan ($-536k or -80%). In February 2024, the decrease in Motor vehicles; parts and accessories (8701 to 8705)'s year-by-year imports was explained primarily by a decrease in imports from Japan ($-17.1M or -21%), Indonesia ($-7M or -78.2%), and South Korea ($-6.48M or -13%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$-27.9M(-12.5%)

IMPORT GROWTH (February 2023 - February 2024)$-21.3M(-4.1%)

MAIN EXPORTER (February 2024)São Paulo$98.1M

MAIN DESTINATION (February 2024)Argentina$103M

This section shows Motor vehicles; parts and accessories (8701 to 8705)'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 Motor vehicles; parts and accessories (8701 to 8705) over time.

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