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2022
Exports $363MWorld Rnk 19 / 186
Flag Rnk 91 / 1206
2022
Destination $48.6M Germany
2021 - 2022
FASTEST GROWING MARKET $48.6MGermany
2022
PRODUCT COMPLEXITY IN Combustion Engines1.13Rnk 126 / 1025
2022
Imports $1.11BWorld Rnk 10 / 220
Flag Rnk 48 / 1198
2022
Origin $81.1M Argentina
2021 - 2022
FASTEST GROWING ORIGIN $81.1MArgentina
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $363M in Combustion Engines, making it the 19th largest exporter of Combustion Engines in the world. At the same year, Combustion Engines was the 91st most exported product in Brazil. The main destination of Combustion Engines exports from Brazil are: Germany ($165M), Mexico ($82.2M), Argentina ($40.2M), United States ($33.9M), and India ($7.38M).

The fastest growing export markets for Combustion Engines of Brazil between 2021 and 2022 were Germany ($48.6M), Mexico ($13.9M), and India ($6.89M).

Imports In 2022, Brazil imported $1.11B in Combustion Engines, becoming the 10th largest importer of Combustion Engines in the world. At the same year, Combustion Engines was the 48th most imported product in Brazil. Brazil imports Combustion Engines primarily from: Argentina ($401M), United States ($214M), Italy ($141M), China ($68.3M), and Germany ($59.7M).

The fastest growing import markets in Combustion Engines for Brazil between 2021 and 2022 were Argentina ($81.1M), United States ($38.3M), and China ($33.8M).

Latest Trends

September 2024

About

Overview In September 2024 Brazil's Combustion Engines exports accounted up to $33.9M and imports accounted up to $98.7M, resulting in a negative trade balance of $64.8M. Between September 2023 and September 2024 the exports of Brazil's   Combustion Engines have increased by $9.83M (40.8%) from $24.1M to $33.9M, while imports increased by $13.9M (16.4%) from $84.8M to $98.7M.

Destinations In September 2024, Combustion Engines were exported mostly to Mexico ($15.3M), Germany ($6M), United States ($5.58M), Argentina ($2.4M), and Canada ($1.39M), and were imported mostly from Argentina ($25.1M), United States ($23M), China ($9.4M), India ($8.17M), and Italy ($7.5M).

Growth In September 2024, the increase in Combustion Engines's year-by-year exports was explained primarily by an increase in exports to Mexico ($5.4M or 103%), Argentina ($539k or 42.7%), and Peru ($498k or 257%). In September 2024, the increase in Combustion Engines's year-by-year imports was explained primarily by an increase in imports from India ($4.5M or 211%), Argentina ($2.66M or 10.5%), and United Kingdom ($1.95M or 115%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$9.83M(40.8%)
IMPORT GROWTH (September 2023 - September 2024)$13.9M(16.4%)
MAIN EXPORTER (September 2024)São Paulo$30.1M
MAIN DESTINATION (September 2024)Mexico$15.3M

This section shows Combustion Engines'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 Combustion Engines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$363M
IMPORTS (2022)$1.11B
NET TRADE (2022)-$751M

In 2022, Brazil exported $363M in Combustion Engines. The main destinations of Brazil exports on Combustion Engines were Germany ($165M), Mexico ($82.2M), Argentina ($40.2M), United States ($33.9M), and India ($7.38M).

In 2022, Brazil imported $1.11B in Combustion Engines, mainly from Argentina ($401M), United States ($214M), Italy ($141M), China ($68.3M), and Germany ($59.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Combustion Engines EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Germany$48.6M (41.7%)
Mexico$13.9M (20.3%)
India$6.89M (1.4k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Combustion Engines BY Brazil WERE (2021 - 2022):
Chinese Taipei-$2.84M (-90.7%)
United States-$1M (-2.87%)
Egypt-$843k (-32.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Combustion Engines were:
United States $8.39B
Germany $5.58B
Japan $4.24B
In 2022, Brazil's main importing competitors in Combustion Engines were:
United States $5.93B
Mexico $5.75B
Germany $3.93B

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Trade Value of Combustion Engines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $30.9M
TOP IMPORT POTENTIALUnited States+ $33.8M

Combustion Engines’s highest export potential is United States. With an export gap of $30.9M.   Combustion Engines’s highest import potential is United States with an import gap of $33.8M.

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