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2022
Exports $606MWorld Rnk 13 / 194
Flag Rnk 55 / 1206
2022
Destination $45.1M Argentina
2021 - 2022
FASTEST GROWING MARKET $45.1MParaguay
2022
PRODUCT COMPLEXITY IN Harvesting Machinery0.77Rnk 257 / 1025
2022
Imports $557MWorld Rnk 14 / 222
Flag Rnk 91 / 1198
2022
Origin $155M United States
2021 - 2022
FASTEST GROWING ORIGIN $155MUnited States
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $606M in Harvesting Machinery, making it the 13th largest exporter of Harvesting Machinery in the world. At the same year, Harvesting Machinery was the 55th most exported product in Brazil. The main destination of Harvesting Machinery exports from Brazil are: Argentina ($155M), Paraguay ($110M), United States ($64M), Bolivia ($34.9M), and Thailand ($31.2M).

The fastest growing export markets for Harvesting Machinery of Brazil between 2021 and 2022 were Paraguay ($45.1M), United States ($36.8M), and Argentina ($35.3M).

Imports In 2022, Brazil imported $557M in Harvesting Machinery, becoming the 14th largest importer of Harvesting Machinery in the world. At the same year, Harvesting Machinery was the 91st most imported product in Brazil. Brazil imports Harvesting Machinery primarily from: United States ($307M), Germany ($64.1M), Belgium ($48.8M), Canada ($30.6M), and China ($25.2M).

The fastest growing import markets in Harvesting Machinery for Brazil between 2021 and 2022 were United States ($155M), Germany ($20M), and Belgium ($18.1M).

COMPANIES In 2023, leading companies such as John Deere (487) and CNH Industrial (28) were at the forefront of shipping Harvesting Machinery from Brazil to the United States.

Latest Trends

July 2024

About

Overview In July 2024 Brazil's Harvesting Machinery exports accounted up to $47.3M and imports accounted up to $34.1M, resulting in a positive trade balance of $13.2M. Between July 2023 and July 2024 the exports of Brazil's   Harvesting Machinery have increased by $6.02M (14.6%) from $41.3M to $47.3M, while imports decreased by $-8.61M (-20.2%) from $42.7M to $34.1M.

Destinations In July 2024, Harvesting Machinery were exported mostly to Argentina ($13.6M), United States ($11.3M), Guatemala ($7.41M), Belgium ($3.41M), and Paraguay ($3.12M), and were imported mostly from United States ($18.2M), Germany ($5.14M), China ($2.82M), Uruguay ($1.66M), and Italy ($1.43M).

Growth In July 2024, the increase in Harvesting Machinery's year-by-year exports was explained primarily by an increase in exports to Uruguay ($5M or 1.26k%), United States ($4.44M or 383%), and Paraguay ($4.38M or 51.9%). In July 2024, the decrease in Harvesting Machinery's year-by-year imports was explained primarily by a decrease in imports from Germany ($-1.32M or -19.2%), Japan ($-456k or -62.2%), and Austria ($-236k or -31.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$6.02M(14.6%)
IMPORT GROWTH (July 2023 - July 2024)$-8.61M(-20.2%)
MAIN EXPORTER (July 2024)Rio Grande Do Sul$26.2M
MAIN DESTINATION (July 2024)Argentina$13.6M

This section shows Harvesting 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 Harvesting Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$606M
IMPORTS (2022)$557M
NET TRADE (2022)$49.2M

In 2022, Brazil exported $606M in Harvesting Machinery. The main destinations of Brazil exports on Harvesting Machinery were Argentina ($155M), Paraguay ($110M), United States ($64M), Bolivia ($34.9M), and Thailand ($31.2M).

In 2022, Brazil imported $557M in Harvesting Machinery, mainly from United States ($307M), Germany ($64.1M), Belgium ($48.8M), Canada ($30.6M), and China ($25.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Harvesting Machinery EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Paraguay$45.1M (69%)
United States$36.8M (135%)
Argentina$35.3M (29.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Harvesting Machinery BY Brazil WERE (2021 - 2022):
Russia-$5.57M (-77.8%)
Honduras-$5.08M (-65.6%)
Senegal-$4.06M (-99.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Harvesting Machinery were:
Germany $5.01B
United States $4.73B
China $4.04B
In 2022, Brazil's main importing competitors in Harvesting Machinery were:
United States $4.28B
Germany $2.68B
France $2.34B

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Trade Value of Harvesting Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $43.7M
TOP IMPORT POTENTIALChina+ $21.5M

Harvesting Machinery’s highest export potential is United States. With an export gap of $43.7M.   Harvesting Machinery’s highest import potential is China with an import gap of $21.5M.

See methodology.

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