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2023
Exports $196MWorld Rnk 45 / 220
Flag Rnk 152 / 1207
2023
Destination $42M Argentina
2022 - 2023
FASTEST GROWING MARKET $42MArgentina
2023
PRODUCT COMPLEXITY IN Electrical Control Boards0.69Rnk 285 / 1025
2023
Imports $720MWorld Rnk 32 / 225
Flag Rnk 70 / 1200
2023
Origin $51.4M Germany
2022 - 2023
FASTEST GROWING ORIGIN $51.4MGermany
2023
ECONOMIC COMPLEXITY of Brazil0.31Rnk 49 / 132

About

Exports In 2023, Brazil exported $196M in Electrical Control Boards, making it the 45th largest exporter of Electrical Control Boards in the world. At the same year, Electrical Control Boards was the 152nd most exported product in Brazil. The main destination of Electrical Control Boards exports from Brazil are: Argentina ($64.7M), Chile ($20M), United States ($19.8M), Indonesia ($19.1M), and Paraguay ($12.6M).

The fastest growing export markets for Electrical Control Boards of Brazil between 2022 and 2023 were Argentina ($42M), Indonesia ($19.1M), and Paraguay ($9.07M).

Imports In 2023, Brazil imported $720M in Electrical Control Boards, becoming the 32nd largest importer of Electrical Control Boards in the world. At the same year, Electrical Control Boards was the 70th most imported product in Brazil. Brazil imports Electrical Control Boards primarily from: Germany ($148M), China ($147M), United States ($92.8M), Mexico ($74.7M), and France ($35.3M).

The fastest growing import markets in Electrical Control Boards for Brazil between 2022 and 2023 were Germany ($51.4M), United States ($13.2M), and Mexico ($11.1M).

Latest Trends

December 2024

About

Overview In December 2024 Brazil's Electrical Control Boards exports accounted up to $27.7M and imports accounted up to $64.7M, resulting in a negative trade balance of $37.1M. Between December 2023 and December 2024 the exports of Brazil's   Electrical Control Boards have increased by $12.7M (84.4%) from $15M to $27.7M, while imports increased by $17.6M (37.4%) from $47.1M to $64.7M.

Destinations In December 2024, Electrical Control Boards were exported mostly to Indonesia ($11M), Argentina ($5.3M), Mexico ($3.33M), Chile ($2.08M), and United States ($1.39M), and were imported mostly from China ($25M), Germany ($7.49M), Mexico ($6.58M), United States ($6.55M), and South Korea ($2.57M).

Growth In December 2024, the increase in Electrical Control Boards's year-by-year exports was explained primarily by an increase in exports to Paraguay ($3.5M or 2.73k%), Colombia ($1.09M or 222%), and United States ($544k or 80.1%). In December 2024, the increase in Electrical Control Boards's year-by-year imports was explained primarily by an increase in imports from China ($15.7M or 228%), Mexico ($1.88M or 41.2%), and United States ($1.66M or 33.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$12.7M(84.4%)
IMPORT GROWTH (December 2023 - December 2024)$17.6M(37.4%)
MAIN EXPORTER (December 2024)São Paulo$12.1M
MAIN DESTINATION (December 2024)Indonesia$11M

This section shows Electrical Control Boards'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 Electrical Control Boards over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$196M
IMPORTS (2023)$720M
NET TRADE (2023)-$524M

In 2023, Brazil exported $196M in Electrical Control Boards. The main destinations of Brazil exports on Electrical Control Boards were Argentina ($64.7M), Chile ($20M), United States ($19.8M), Indonesia ($19.1M), and Paraguay ($12.6M).

In 2023, Brazil imported $720M in Electrical Control Boards, mainly from Germany ($148M), China ($147M), United States ($92.8M), Mexico ($74.7M), and France ($35.3M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electrical Control Boards EXPORT MARKETS FOR Brazil WERE (2022 - 2023):
Argentina$42M (185%)
Indonesia$19.1M (125k%)
Paraguay$9.07M (257%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Control Boards BY Brazil WERE (2022 - 2023):
United States-$19.9M (-50.1%)
Ecuador-$3.49M (-90.5%)
China-$2.99M (-51%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Brazil's main exporting competitors in Electrical Control Boards were:
China $14.5B
Germany $13.7B
Mexico $9.41B
In 2023, Brazil's main importing competitors in Electrical Control Boards were:
United States $18.9B
Germany $10.8B
China $6.58B

Explore Visualizations

Trade Value of Electrical Control Boards by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $20.6M
TOP IMPORT POTENTIALChina+ $61.6M

Electrical Control Boards’s highest export potential is United States. With an export gap of $20.6M.   Electrical Control Boards’s highest import potential is China with an import gap of $61.6M.

See methodology.

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