Compasses in Brazil | The Observatory of Economic Complexity

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Exports In 2022, Brazil exported $39.8M in Compasses, making it the 22nd largest exporter of Compasses in the world. At the same year, Compasses was the 368th most exported product in Brazil. The main destination of Compasses exports from Brazil are: United States ($24.3M), France ($3.25M), United Kingdom ($1.46M), Argentina ($1.28M), and Israel ($1.02M).

The fastest growing export markets for Compasses of Brazil between 2021 and 2022 were United States ($8.77M), France ($1.02M), and Argentina ($952k).

Imports In 2022, Brazil imported $77.2M in Compasses, becoming the 22nd largest importer of Compasses in the world. At the same year, Compasses was the 369th most imported product in Brazil. Brazil imports Compasses primarily from: United States ($36.4M), Malaysia ($6.65M), France ($5.85M), Norway ($4.73M), and United Kingdom ($3.45M).

The fastest growing import markets in Compasses for Brazil between 2021 and 2022 were United States ($8.32M), Malaysia ($2.08M), and Norway ($1.58M).

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

Latest Trends

February 2024

About

Overview In February 2024 Brazil's Compasses exports accounted up to $6.33M and imports accounted up to $13.9M, resulting in a negative trade balance of $7.59M. Between February 2023 and February 2024 the exports of Brazil's Compasses have increased by $3.83M (153%) from $2.5M to $6.33M, while imports increased by $6.4M (85.2%) from $7.52M to $13.9M.

Destinations In February 2024, Compasses were exported mostly to United States ($4M), Spain ($798k), Qatar ($550k), Burkina Faso ($370k), and United Kingdom ($330k), and were imported mostly from United States ($8.48M), Malaysia ($1.05M), Germany ($933k), France ($623k), and Sweden ($603k).

Growth In February 2024, the increase in Compasses's year-by-year exports was explained primarily by an increase in exports to United States ($1.63M or 342%), France ($653k or 701%), and United Kingdom ($52.9k or 1.76k%). In February 2024, the increase in Compasses's year-by-year imports was explained primarily by an increase in imports from United States ($4.92M or 107%), Mexico ($1.71M or 3.39k%), and Malaysia ($577k or 511%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$3.83M(153%)

IMPORT GROWTH (February 2023 - February 2024)$6.4M(85.2%)

MAIN EXPORTER (February 2024)São Paulo$4.62M

MAIN DESTINATION (February 2024)United States$4M

This section shows Compasses'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 Compasses over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$39.8M

IMPORTS (2022)$77.2M

NET TRADE (2022)-$37.4M

In 2022, Brazil exported $39.8M in Compasses. The main destinations of Brazil exports on Compasses were United States ($24.3M), France ($3.25M), United Kingdom ($1.46M), Argentina ($1.28M), and Israel ($1.02M).

In 2022, Brazil imported $77.2M in Compasses, mainly from United States ($36.4M), Malaysia ($6.65M), France ($5.85M), Norway ($4.73M), and United Kingdom ($3.45M).

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