Integrated Circuits in Brazil 2020 Exports | Imports : $115M | $3.66B, World Rnk 41 / 222 Rnk 157 / 1202 | World Rnk 17 / 223 Rnk 4 / 1194
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $12.5M | $236M, United States | Vietnam
Exports In 2020, Brazil exported $115M in Integrated Circuits, making it the 41st largest exporter of Integrated Circuits in the world. At the same year, Integrated Circuits was the 157th most exported product in Brazil. The main destination of Integrated Circuits exports from Brazil are: United States ($23.7M), Vietnam ($21.8M), Chile ($10.2M), Argentina ($9.58M), and China ($8.33M).
The fastest growing export markets for Integrated Circuits of Brazil between 2019 and 2020 were United States ($12.5M), Vietnam ($8.08M), and South Africa ($5.67M).
Imports In 2020, Brazil imported $3.66B in Integrated Circuits, becoming the 17th largest importer of Integrated Circuits in the world. At the same year, Integrated Circuits was the 4th most imported product in Brazil. Brazil imports Integrated Circuits primarily from: South Korea ($877M), China ($856M), United States ($588M), Chinese Taipei ($507M), and Vietnam ($255M).
The fastest growing import markets in Integrated Circuits for Brazil between 2019 and 2020 were Vietnam ($236M), Chinese Taipei ($59M), and United States ($9.54M).
Tariffs In 2017, the average tariff for Brazil in Integrated Circuits was 2.53%. The countries with the highest import tariffs for Integrated Circuits were Panama (AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador México Panamá Paraguay Perú Uruguay Venezuela), 7.2%), Angola (Most Favoured Nation duty rate treatement, 2.64%), Burundi (Most Favoured Nation duty rate treatement, 2.64%), Benin (Most Favoured Nation duty rate treatement, 2.64%), and Burkina Faso (Most Favoured Nation duty rate treatement, 2.64%).
March 2022
Overview In March 2022 Brazil's Integrated Circuits exports accounted up to $3.63M and imports accounted up to $594M, resulting in a negative trade balance of $590M. Between March 2021 and March 2022 the exports of Brazil's Integrated Circuits have decreased by $-1.61M (-30.7%) from $5.24M to $3.63M, while imports increased by $176M (42%) from $418M to $594M.
Destinations In March 2022, Integrated Circuits were exported mostly to United States ($1.47M), Vietnam ($868k), South Korea ($281k), Hong Kong ($240k), and India ($199k), and were imported mostly from South Korea ($175M), China ($127M), Taiwan ($114M), Vietnam ($63.2M), and Malaysia ($37.3M).
Growth In March 2022, the decrease in Integrated Circuits's year-by-year exports was explained primarily by a decrease in exports to Vietnam ($-1.41M or -86.2%), Poland ($-560k or -97.2%), and Singapore ($-232k or -99.9%). In March 2022, the increase in Integrated Circuits's year-by-year imports was explained primarily by an increase in imports from South Korea ($25.8M or 29.1%), China ($18.4M or 21.2%), and Malaysia ($11M or 49.4%).
EXPORT GROWTH (March 2021 - March 2022): $-1.61M, (-30.7%)
IMPORT GROWTH (March 2021 - March 2022): $176M, (42%)
MAIN EXPORTER (March 2022): São Paulo, $1.47M
MAIN DESTINATION (March 2022): United States, $1.47M
This section shows Integrated Circuits'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 Integrated Circuits over time.
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EXPORTS (2020): $115M
IMPORTS (2020): $3.66B
NET TRADE (2020): -$3.54B
In 2020, Brazil exported $115M in Integrated Circuits. The main destinations of Brazil exports on Integrated Circuits were United States ($23.7M), Vietnam ($21.8M), Chile ($10.2M), Argentina ($9.58M), and China ($8.33M).
In 2020, Brazil imported $3.66B in Integrated Circuits, mainly from South Korea ($877M), China ($856M), United States ($588M), Chinese Taipei ($507M), and Vietnam ($255M).
IN 2020, Brazil HAD A POSITIVE NET TRADE IN Integrated Circuits WITH:
IN 2020, Brazil HAD A NEGATIVE NET TRADE IN Integrated Circuits WITH:
THE FASTEST GROWING Integrated Circuits EXPORT MARKETS FOR Brazil WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Integrated Circuits BY Brazil WERE (2019 - 2020):
In 2019, Brazil's main exporting competitors in Integrated Circuits were:
In 2017, the average tariff for Brazil in Integrated Circuits was 2.53%.
The countries with the highest tariffs for Integrated Circuits in Brazil were Panama (AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador México Panamá Paraguay Perú Uruguay Venezuela), 7.2%), Angola (Most Favoured Nation duty rate treatement, 2.64%), Burundi (Most Favoured Nation duty rate treatement, 2.64%), Benin (Most Favoured Nation duty rate treatement, 2.64%), and Burkina Faso (Most Favoured Nation duty rate treatement, 2.64%).
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