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Pricing

2022
Exports $12.8MWorld Rnk 28 / 126
Flag Rnk 557 / 1206
2022
Destination $3.6M Chile
2021 - 2022
FASTEST GROWING MARKET $3.6MLiberia
2022
PRODUCT COMPLEXITY IN Iron Railway Products0.37Rnk 418 / 1025
2022
Imports $154MWorld Rnk 5 / 203
Flag Rnk 260 / 1198
2022
Origin $9.5M Japan
2021 - 2022
FASTEST GROWING ORIGIN $9.5MJapan
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $12.8M in Iron Railway Products, making it the 28th largest exporter of Iron Railway Products in the world. At the same year, Iron Railway Products was the 557th most exported product in Brazil. The main destination of Iron Railway Products exports from Brazil are: Chile ($5.14M), Liberia ($3.6M), United States ($2.25M), Argentina ($400k), and Mexico ($361k).

The fastest growing export markets for Iron Railway Products of Brazil between 2021 and 2022 were Liberia ($3.6M), Bolivia ($268k), and Colombia ($155k).

Imports In 2022, Brazil imported $154M in Iron Railway Products, becoming the 5th largest importer of Iron Railway Products in the world. At the same year, Iron Railway Products was the 260th most imported product in Brazil. Brazil imports Iron Railway Products primarily from: Japan ($83.8M), China ($28.3M), Russia ($11.6M), Spain ($10.7M), and United States ($8.36M).

The fastest growing import markets in Iron Railway Products for Brazil between 2021 and 2022 were Japan ($9.5M), United States ($7.88M), and Spain ($2.38M).

COMPANIES In 2023, leading companies such as Stanley Black & Decker (1) were at the forefront of shipping Iron Railway Products from Brazil to the United States.

Latest Trends

October 2024

About

Overview In October 2024 Brazil's Iron Railway Products exports accounted up to $1.3M and imports accounted up to $2.61M, resulting in a negative trade balance of $1.31M. Between October 2023 and October 2024 the exports of Brazil's   Iron Railway Products have increased by $938k (260%) from $361k to $1.3M, while imports decreased by $-579k (-18.2%) from $3.19M to $2.61M.

Destinations In October 2024, Iron Railway Products were exported mostly to Chile ($706k), Liberia ($448k), United States ($54k), Mexico ($46.3k), and Austria ($34.8k), and were imported mostly from China ($2.02M), Austria ($160k), Germany ($159k), Czechia ($87k), and Italy ($84.2k).

Growth In October 2024, the increase in Iron Railway Products's year-by-year exports was explained primarily by an increase in exports to Mexico ($125k or 8.83k%) and Chile ($49.4k or 24.6%). In October 2024, the decrease in Iron Railway Products's year-by-year imports was explained primarily by a decrease in imports from Japan ($-2.71M or -22.6%), United Kingdom ($-142k or -99.6%), and Germany ($-46.8k or -89.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$938k(260%)
IMPORT GROWTH (October 2023 - October 2024)$-579k(-18.2%)
MAIN EXPORTER (October 2024)Paraná$1.18M
MAIN DESTINATION (October 2024)Chile$706k

This section shows Iron Railway Products'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 Iron Railway Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$12.8M
IMPORTS (2022)$154M
NET TRADE (2022)-$141M

In 2022, Brazil exported $12.8M in Iron Railway Products. The main destinations of Brazil exports on Iron Railway Products were Chile ($5.14M), Liberia ($3.6M), United States ($2.25M), Argentina ($400k), and Mexico ($361k).

In 2022, Brazil imported $154M in Iron Railway Products, mainly from Japan ($83.8M), China ($28.3M), Russia ($11.6M), Spain ($10.7M), and United States ($8.36M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Railway Products EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Liberia$3.6M (244k%)
Bolivia$268k (1.27k%)
Colombia$155k (575%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Railway Products BY Brazil WERE (2021 - 2022):
Chile-$1.64M (-24.3%)
Canada-$729k (-99.9%)
United States-$160k (-6.66%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Iron Railway Products were:
Austria $627M
China $573M
United States $334M
In 2022, Brazil's main importing competitors in Iron Railway Products were:
Germany $452M
Canada $299M
United States $216M

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Trade Value of Iron Railway Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.16M
TOP IMPORT POTENTIALChina+ $3.96M

Iron Railway Products’s highest export potential is United States. With an export gap of $1.16M.   Iron Railway Products’s highest import potential is China with an import gap of $3.96M.

See methodology.

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