HS Icon Gas Turbines in  Flag Brazil

2019
Exports | Imports
: $2.18B | $1.18B, World Rnk 16 / 194
Flag Rnk 23 / 1199 | World Rnk 28 / 211
Flag Rnk 26 / 1196

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $82.1M | $74.4M, Netherlands |  Germany

2019
ECONOMIC COMPLEXITY of Brazil
: 0.58, Rnk 44 / 147

2019
PRODUCT COMPLEXITY  IN Gas Turbines
: 0.43, Rnk 397 / 1029

Exports: In 2019, Brazil exported $2.18B in Gas Turbines, making it the 16th largest exporter of Gas Turbines in the world. At the same year, Gas Turbines was the 23rd most exported product in Brazil. The main destination of Gas Turbines exports from Brazil are: United States ($1.1B), Singapore ($201M), Germany ($157M), United Arab Emirates ($108M), and Netherlands ($95.2M).

The fastest growing export markets for Gas Turbines of Brazil between 2018 and 2019 were Netherlands ($82.1M), United Arab Emirates ($58M), and France ($54.2M).

Imports: In 2019, Brazil imported $1.18B in Gas Turbines, becoming the 28th largest importer of Gas Turbines in the world. At the same year, Gas Turbines was the 26th most imported product in Brazil. Brazil imports Gas Turbines primarily from: United Kingdom ($342M), United States ($291M), Germany ($125M), Netherlands ($79.1M), and Singapore ($70.5M).

The fastest growing import markets in Gas Turbines for Brazil between 2018 and 2019 were Germany ($74.4M), Singapore ($44M), and France ($41.4M).

Latest Trends (March 2021)

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Overview: In March 2021 Brazil's Gas Turbines exports accounted up to $31.2M and imports accounted up to $267M, resulting in a negative trade balance of $236M. Between March 2020 and March 2021 the exports of Brazil's   Gas Turbines have decreased by $-29.6M (-48.7%) from $60.7M to $31.2M, while imports increased by $233M (682%) from $34.1M to $267M.

Destinations: In March 2021, Gas Turbines were exported mostly to United States ($16.5M), France ($7.33M), Chile ($5.34M), China ($697k), and United Kingdom ($535k), and were imported mostly from United States ($188M), France ($26.7M), Canada ($13M), Germany ($9.92M), and Turkey ($7.03M).

Growth: In March 2021, the decrease in Gas Turbines's year-by-year exports was explained primarily by a decrease in exports to United States ($-27.3M or -62.4%), United Kingdom ($-6.59M or -92.5%), and Spain ($-513k or -86.1%). In March 2021, the increase in Gas Turbines's year-by-year imports was explained primarily by an increase in imports from United States ($166M or 768%), France ($25.2M or 1.67k%), and Canada ($12.5M or 2.48k%).

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (March 2020 - March 2021): $-29.6M, (-48.7%)

IMPORT GROWTH (March 2020 - March 2021): $233M, (682%)

MAIN EXPORTER (March 2021): Rio De Janeiro, $28.7M

MAIN DESTINATION (March 2021): United States, $16.5M

This section shows Gas Turbines'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 Gas Turbines over time.

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Historical Data

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Value

EXPORTS (2019): $2.18B

IMPORTS (2019): $1.18B

NET TRADE (2019): $999M

In 2019, Brazil exported $2.18B in Gas Turbines. The main destinations of Brazil exports on Gas Turbines were United States ($1.1B), Singapore ($201M), Germany ($157M), United Arab Emirates ($108M), and Netherlands ($95.2M).

In 2019, Brazil imported $1.18B in Gas Turbines, mainly from United Kingdom ($342M), United States ($291M), Germany ($125M), Netherlands ($79.1M), and Singapore ($70.5M).

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IN 2019, Brazil HAD A POSITIVE NET TRADE IN Gas Turbines WITH:

IN 2019, Brazil HAD A NEGATIVE NET TRADE IN Gas Turbines WITH:

Flow

THE FASTEST GROWING Gas Turbines EXPORT MARKETS FOR Brazil WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gas Turbines BY Brazil WERE (2018 - 2019):

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Market Concentration

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Flow
Type

In 2018, Brazil's main exporting competitors in Gas Turbines were:

In 2018, Brazil's main importing competitors in Gas Turbines were:

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Tariffs by Country

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In 2017, the tariffs for Gas Turbines in the imports of Brazil were of 0% around the world.