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2022
Exports $57kWorld Rnk 52 / 86
Flag Rnk 1119 / 1206
2022
Destination $46.1k Argentina
2021 - 2022
FASTEST GROWING MARKET $46.1kArgentina
2022
PRODUCT COMPLEXITY IN Felt Machinery0.94Rnk 196 / 1025
2022
Imports $31MWorld Rnk 10 / 151
Flag Rnk 550 / 1198
2022
Origin $3.92M China
2021 - 2022
FASTEST GROWING ORIGIN $3.92MChina
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $57k in Felt Machinery, making it the 52nd largest exporter of Felt Machinery in the world. At the same year, Felt Machinery was the 1119th most exported product in Brazil. The main destination of Felt Machinery exports from Brazil are: Argentina ($46.1k), France ($5.38k), Spain ($4.54k), Peru ($900), and Ireland ($27).

The fastest growing export markets for Felt Machinery of Brazil between 2021 and 2022 were Argentina ($46.1k), France ($5.38k), and Spain ($4.54k).

Imports In 2022, Brazil imported $31M in Felt Machinery, becoming the 10th largest importer of Felt Machinery in the world. At the same year, Felt Machinery was the 550th most imported product in Brazil. Brazil imports Felt Machinery primarily from: China ($19.1M), Germany ($6.07M), France ($3.12M), United States ($1.65M), and Hong Kong ($450k).

The fastest growing import markets in Felt Machinery for Brazil between 2021 and 2022 were China ($3.92M), France ($2.83M), and United States ($780k).

Latest Trends

June 2024

About

Overview In June 2024 Brazil's Felt Machinery exports accounted up to $38k and imports accounted up to $735k, resulting in a negative trade balance of $697k. Between May 2021 and June 2024 the exports of Brazil's   Felt Machinery have increased by $37.7k (13.9k%) from $272 to $38k, while imports increased by $506k (220%) from $230k to $735k.

Destinations In June 2024, Felt Machinery were exported mostly to , and were imported mostly from France ($505k), Portugal ($149k), Germany ($45.1k), China ($18k), and Japan ($7.56k).

Growth In June 2024, the increase in Felt Machinery's year-by-year exports was explained primarily by an increase in exports to . In July 2024, the increase in Felt Machinery's year-by-year imports was explained primarily by an increase in imports from China ($1.57M or 205%), Germany ($22.3k or 121%), and France ($20.1k or 739%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2021 - June 2024)$37.7k(13.9k%)
IMPORT GROWTH (July 2023 - July 2024)$506k(220%)
MAIN EXPORTER (June 2024)Paraná$94k
MAIN DESTINATION (June 2024)

This section shows Felt Machinery'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 Felt Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$57k
IMPORTS (2022)$31M
NET TRADE (2022)-$31M

In 2022, Brazil exported $57k in Felt Machinery. The main destinations of Brazil exports on Felt Machinery were Argentina ($46.1k), France ($5.38k), Spain ($4.54k), Peru ($900), and Ireland ($27).

In 2022, Brazil imported $31M in Felt Machinery, mainly from China ($19.1M), Germany ($6.07M), France ($3.12M), United States ($1.65M), and Hong Kong ($450k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Felt Machinery EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Argentina$46.1k (1%)
France$5.38k (1%)
Spain$4.54k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Felt Machinery BY Brazil WERE (2021 - 2022):
Paraguay-$22.7k (-100%)
Bolivia-$22.3k (-100%)
Chile-$4.24k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Felt Machinery were:
Germany $410M
China $306M
France $133M
In 2022, Brazil's main importing competitors in Felt Machinery were:
China $244M
United States $110M
India $104M

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Trade Value of Felt Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $7.16k
TOP IMPORT POTENTIALGermany+ $1.03M

Felt Machinery’s highest export potential is France. With an export gap of $7.16k.   Felt Machinery’s highest import potential is Germany with an import gap of $1.03M.

See methodology.

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