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2022
Exports $40.6MWorld Rnk 8 / 194
Flag Rnk 365 / 1206
2022
Destination $2.42M Argentina
2021 - 2022
FASTEST GROWING MARKET $2.42MUnited States
2022
PRODUCT COMPLEXITY IN Cutlery Sets-0.066Rnk 570 / 1025
2022
Imports $34.9MWorld Rnk 25 / 218
Flag Rnk 527 / 1198
2022
Origin $648k China
2021 - 2022
FASTEST GROWING ORIGIN $648kVietnam
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $40.6M in Cutlery Sets, making it the 8th largest exporter of Cutlery Sets in the world. At the same year, Cutlery Sets was the 365th most exported product in Brazil. The main destination of Cutlery Sets exports from Brazil are: Argentina ($7.21M), United States ($5.18M), Mexico ($3.53M), Paraguay ($3.44M), and Bolivia ($3.22M).

The fastest growing export markets for Cutlery Sets of Brazil between 2021 and 2022 were United States ($2.42M), Argentina ($1.92M), and Peru ($591k).

Imports In 2022, Brazil imported $34.9M in Cutlery Sets, becoming the 25th largest importer of Cutlery Sets in the world. At the same year, Cutlery Sets was the 527th most imported product in Brazil. Brazil imports Cutlery Sets primarily from: China ($30.4M), Vietnam ($1.13M), India ($1.12M), Hong Kong ($709k), and Germany ($248k).

The fastest growing import markets in Cutlery Sets for Brazil between 2021 and 2022 were Vietnam ($648k), Egypt ($223k), and Spain ($75.6k).

Latest Trends

October 2024

About

Overview In October 2024 Brazil's Cutlery Sets exports accounted up to $3.25M and imports accounted up to $3.15M, resulting in a positive trade balance of $100k. Between October 2023 and October 2024 the exports of Brazil's   Cutlery Sets have increased by $151k (4.87%) from $3.1M to $3.25M, while imports increased by $1.08M (52.4%) from $2.07M to $3.15M.

Destinations In October 2024, Cutlery Sets were exported mostly to Mexico ($737k), Argentina ($604k), Paraguay ($313k), United States ($225k), and Bolivia ($196k), and were imported mostly from China ($2.95M), India ($64.8k), Hong Kong ($56.2k), Vietnam ($14.3k), and Paraguay ($9.62k).

Growth In October 2024, the increase in Cutlery Sets's year-by-year exports was explained primarily by an increase in exports to Mexico ($197k or 200%), South Korea ($35.3k or 176%), and United Arab Emirates ($21.4k or 25.5k%). In October 2024, the increase in Cutlery Sets's year-by-year imports was explained primarily by an increase in imports from China ($189k or 11.2%), India ($83.6k or 154%), and Hong Kong ($19.3k or 87.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$151k(4.87%)
IMPORT GROWTH (October 2023 - October 2024)$1.08M(52.4%)
MAIN EXPORTER (October 2024)Rio Grande Do Sul$4.29M
MAIN DESTINATION (October 2024)Mexico$737k

This section shows Cutlery Sets'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 Cutlery Sets over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$40.6M
IMPORTS (2022)$34.9M
NET TRADE (2022)$5.75M

In 2022, Brazil exported $40.6M in Cutlery Sets. The main destinations of Brazil exports on Cutlery Sets were Argentina ($7.21M), United States ($5.18M), Mexico ($3.53M), Paraguay ($3.44M), and Bolivia ($3.22M).

In 2022, Brazil imported $34.9M in Cutlery Sets, mainly from China ($30.4M), Vietnam ($1.13M), India ($1.12M), Hong Kong ($709k), and Germany ($248k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cutlery Sets EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
United States$2.42M (87.7%)
Argentina$1.92M (36.3%)
Peru$591k (90.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cutlery Sets BY Brazil WERE (2021 - 2022):
Chile-$1.14M (-32.1%)
Mexico-$1M (-22.1%)
Germany-$232k (-22%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Cutlery Sets were:
China $2.38B
Vietnam $288M
Germany $127M
In 2022, Brazil's main importing competitors in Cutlery Sets were:
United States $688M
Germany $226M
Netherlands $128M

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Trade Value of Cutlery Sets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.12M
TOP IMPORT POTENTIALChina+ $1.42M

Cutlery Sets’s highest export potential is United States. With an export gap of $3.12M.   Cutlery Sets’s highest import potential is China with an import gap of $1.42M.

See methodology.

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