Casting Machines in Brazil | The Observatory of Economic Complexity

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Exports In 2022, Brazil exported $3.51M in Casting Machines, making it the 37th largest exporter of Casting Machines in the world. At the same year, Casting Machines was the 750th most exported product in Brazil. The main destination of Casting Machines exports from Brazil are: United States ($2.47M), Peru ($163k), Ecuador ($95.9k), China ($93.2k), and Colombia ($76.8k).

The fastest growing export markets for Casting Machines of Brazil between 2021 and 2022 were United States ($2.24M), Peru ($153k), and Chile ($51k).

Imports In 2022, Brazil imported $40.7M in Casting Machines, becoming the 18th largest importer of Casting Machines in the world. At the same year, Casting Machines was the 494th most imported product in Brazil. Brazil imports Casting Machines primarily from: Italy ($10.6M), China ($9.08M), Japan ($4.16M), United States ($3.28M), and Germany ($3.13M).

The fastest growing import markets in Casting Machines for Brazil between 2021 and 2022 were Italy ($4.47M), Japan ($2.67M), and United Kingdom ($809k).

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

Latest Trends

February 2024

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Overview In February 2024 Brazil's Casting Machines exports accounted up to $150k and imports accounted up to $3.65M, resulting in a negative trade balance of $3.49M. Between February 2023 and February 2024 the exports of Brazil's Casting Machines have increased by $101k (205%) from $49.3k to $150k, while imports increased by $780k (27.2%) from $2.87M to $3.65M.

Destinations In February 2024, Casting Machines were exported mostly to United States ($98.9k), Ecuador ($13.6k), Poland ($7.76k), Colombia ($7.65k), and Mexico ($6.48k), and were imported mostly from United States ($1.52M), China ($669k), India ($536k), Germany ($317k), and Switzerland ($217k).

Growth In February 2024, the increase in Casting Machines's year-by-year exports was explained primarily by an increase in exports to Colombia ($37.6k or 1.83k%), Mexico ($33.5k or 4.72k%), and United States ($27.2k or 1k%). In February 2024, the increase in Casting Machines's year-by-year imports was explained primarily by an increase in imports from United States ($812k or 1.31k%), Germany ($612k or 325%), and Taiwan ($280k or 52.7k%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$101k(205%)

IMPORT GROWTH (February 2023 - February 2024)$780k(27.2%)

MAIN EXPORTER (February 2024)Minas Gerais$145k

MAIN DESTINATION (February 2024)United States$98.9k

This section shows Casting Machines'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 Casting Machines over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$3.51M

IMPORTS (2022)$40.7M

NET TRADE (2022)-$37.2M

In 2022, Brazil exported $3.51M in Casting Machines. The main destinations of Brazil exports on Casting Machines were United States ($2.47M), Peru ($163k), Ecuador ($95.9k), China ($93.2k), and Colombia ($76.8k).

In 2022, Brazil imported $40.7M in Casting Machines, mainly from Italy ($10.6M), China ($9.08M), Japan ($4.16M), United States ($3.28M), and Germany ($3.13M).

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