2023
Exports
$4.74BWorld Rnk 29 / 210
Flag Rnk 12 / 1207
2023
PRODUCT COMPLEXITY IN Cars
0.9Rnk 206 / 1025
2023
Imports
$6.1BWorld Rnk 28 / 225
Flag Rnk 5 / 1200
2023
ECONOMIC COMPLEXITY of Brazil
0.31Rnk 49 / 132

About

Exports In 2023, Brazil exported $4.74B in Cars, making it the 29th largest exporter of Cars in the world. At the same year, Cars was the 12th most exported product in Brazil. The main destination of Cars exports from Brazil are: Argentina ($1.44B), Mexico ($1.16B), Colombia ($464M), Poland ($419M), and Uruguay ($243M).

The fastest growing export markets for Cars of Brazil between 2022 and 2023 were Mexico ($438M), Poland ($224M), and Venezuela ($15.9M).

Imports In 2023, Brazil imported $6.1B in Cars, becoming the 28th largest importer of Cars in the world. At the same year, Cars was the 5th most imported product in Brazil. Brazil imports Cars primarily from: Argentina ($2.25B), China ($1.18B), Mexico ($700M), Germany ($552M), and Slovakia ($281M).

The fastest growing import markets in Cars for Brazil between 2022 and 2023 were China ($972M), Mexico ($463M), and Germany ($235M).

COMPANIES In 2024, leading companies such as Telamon (524), Ford Motor Company (28), and CNH Industrial (18) were at the forefront of shipping Cars from Brazil to the United States.

Latest Trends

December 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$199M(83.7%)
IMPORT GROWTH (December 2023 - December 2024)$-134M(-19%)
MAIN EXPORTER (December 2024)São Paulo$260M
MAIN DESTINATION (December 2024)Argentina$244M

This section shows Cars'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 Cars over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$4.74B
IMPORTS (2023)$6.1B
NET TRADE (2023)-$1.36B

In 2023, Brazil exported $4.74B in Cars. The main destinations of Brazil exports on Cars were Argentina ($1.44B), Mexico ($1.16B), Colombia ($464M), Poland ($419M), and Uruguay ($243M).

In 2023, Brazil imported $6.1B in Cars, mainly from Argentina ($2.25B), China ($1.18B), Mexico ($700M), Germany ($552M), and Slovakia ($281M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR Brazil WERE (2022 - 2023):
Mexico$438M (61%)
Poland$224M (115%)
Venezuela$15.9M (89.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Brazil WERE (2022 - 2023):
Chile-$356M (-62.2%)
Colombia-$262M (-36.1%)
Argentina-$147M (-9.25%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Brazil's main exporting competitors in Cars were:
Japan $119B
China $74.5B
In 2023, Brazil's main importing competitors in Cars were:

Explore Visualizations

Trade Value of Cars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $99.8M
TOP IMPORT POTENTIALGermany+ $315M

Cars’s highest export potential is United States. With an export gap of $99.8M.   Cars’s highest import potential is Germany with an import gap of $315M.

See methodology.

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