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
2020 ECONOMIC COMPLEXITY of Brazil: 0.44, Rnk 47 / 127
2020 PRODUCT COMPLEXITY IN Integrated Circuits: 1.41, Rnk 75 / 1029
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%).
December 2022
Overview In December 2022 Brazil's Integrated Circuits exports accounted up to $6.45M and imports accounted up to $344M, resulting in a negative trade balance of $337M. Between December 2021 and December 2022 the exports of Brazil's Integrated Circuits have increased by $2.43M (60.3%) from $4.02M to $6.45M, while imports decreased by $-99.6M (-22.5%) from $443M to $344M.
Destinations In December 2022, Integrated Circuits were exported mostly to China ($1.88M), Argentina ($1.86M), United States ($779k), Vietnam ($674k), and Hong Kong ($357k), and were imported mostly from China ($95.4M), South Korea ($82.9M), Taiwan ($59.7M), Vietnam ($36.6M), and Malaysia ($20.2M).
Growth In December 2022, the increase in Integrated Circuits's year-by-year exports was explained primarily by an increase in exports to Hong Kong ($463k or 590%), Hungary ($198k or 1.61k%), and France ($189k or 4.33k%). In December 2022, the decrease in Integrated Circuits's year-by-year imports was explained primarily by a decrease in imports from Malaysia ($-6.89M or -20.6%), Portugal ($-1.04M or -88.5%), and Philippines ($-769k or -18.8%).
EXPORT GROWTH (December 2021 - December 2022): $2.43M, (60.3%)
IMPORT GROWTH (December 2021 - December 2022): $-99.6M, (-22.5%)
MAIN EXPORTER (December 2022): São Paulo, $3.14M
MAIN DESTINATION (December 2022): China, $1.88M
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).
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 2020, Brazil's main exporting competitors in Integrated Circuits were:
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