2023
Exports
$50.1MWorld Rnk 48 / 216
Flag Rnk 334 / 1207
2023
PRODUCT COMPLEXITY IN Electrical Power Accessories
0.94Rnk 195 / 1025
2023
Imports
$376MWorld Rnk 30 / 224
Flag Rnk 121 / 1200
2023
ECONOMIC COMPLEXITY of Brazil
0.31Rnk 49 / 132

About

Exports In 2023, Brazil exported $50.1M in Electrical Power Accessories, making it the 48th largest exporter of Electrical Power Accessories in the world. At the same year, Electrical Power Accessories was the 334th most exported product in Brazil. The main destination of Electrical Power Accessories exports from Brazil are: United States ($12.9M), Mexico ($4.47M), Paraguay ($3.73M), South Korea ($3.05M), and Germany ($2.98M).

The fastest growing export markets for Electrical Power Accessories of Brazil between 2022 and 2023 were South Korea ($2.78M), Czechia ($821k), and Paraguay ($509k).

Imports In 2023, Brazil imported $376M in Electrical Power Accessories, becoming the 30th largest importer of Electrical Power Accessories in the world. At the same year, Electrical Power Accessories was the 121st most imported product in Brazil. Brazil imports Electrical Power Accessories primarily from: China ($76.2M), Germany ($72.2M), United States ($48.3M), Japan ($22.2M), and Italy ($20.2M).

The fastest growing import markets in Electrical Power Accessories for Brazil between 2022 and 2023 were Russia ($6.53M), Germany ($5.84M), and France ($2.52M).

COMPANIES In 2024, leading companies such as ABB Motors and Mechanical (1) were at the forefront of shipping Electrical Power Accessories from Brazil to the United States.

Latest Trends

December 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$868k(21%)
IMPORT GROWTH (December 2023 - December 2024)$5.89M(23.5%)
MAIN EXPORTER (December 2024)São Paulo$5.13M
MAIN DESTINATION (December 2024)United States$1.15M

This section shows Electrical Power Accessories'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 Power Accessories over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$50.1M
IMPORTS (2023)$376M
NET TRADE (2023)-$326M

In 2023, Brazil exported $50.1M in Electrical Power Accessories. The main destinations of Brazil exports on Electrical Power Accessories were United States ($12.9M), Mexico ($4.47M), Paraguay ($3.73M), South Korea ($3.05M), and Germany ($2.98M).

In 2023, Brazil imported $376M in Electrical Power Accessories, mainly from China ($76.2M), Germany ($72.2M), United States ($48.3M), Japan ($22.2M), and Italy ($20.2M).

Explore Visualizations

Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Electrical Power Accessories EXPORT MARKETS FOR Brazil WERE (2022 - 2023):
South Korea$2.78M (1.04k%)
Czechia$821k (69.9%)
Paraguay$509k (15.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Power Accessories BY Brazil WERE (2022 - 2023):
United States-$2.54M (-16.4%)
Mexico-$1.67M (-27.2%)
Guatemala-$892k (-37.3%)

Change in Exports by Market (undefined - undefined)

Market Concentration

View
Flow
Type
In 2023, Brazil's main exporting competitors in Electrical Power Accessories were:
In 2023, Brazil's main importing competitors in Electrical Power Accessories were:

Explore Visualizations

Trade Value of Electrical Power Accessories by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $11M
TOP IMPORT POTENTIALChina+ $26.9M

Electrical Power Accessories’s highest export potential is United States. With an export gap of $11M.   Electrical Power Accessories’s highest import potential is China with an import gap of $26.9M.

See methodology.

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