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2022
Exports $2.82BWorld Rnk 6 / 185
Flag Rnk 20 / 1206
2022
Destination $221M United States
2021 - 2022
FASTEST GROWING MARKET $221MUnited States
2022
PRODUCT COMPLEXITY IN Large Construction Vehicles0.88Rnk 219 / 1025
2022
Imports $711MWorld Rnk 19 / 222
Flag Rnk 74 / 1198
2022
Origin $280M China
2021 - 2022
FASTEST GROWING ORIGIN $280MChina
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $2.82B in Large Construction Vehicles, making it the 6th largest exporter of Large Construction Vehicles in the world. At the same year, Large Construction Vehicles was the 20th most exported product in Brazil. The main destination of Large Construction Vehicles exports from Brazil are: United States ($1.11B), Argentina ($264M), Chile ($197M), Australia ($171M), and Mexico ($169M).

The fastest growing export markets for Large Construction Vehicles of Brazil between 2021 and 2022 were United States ($221M), Argentina ($127M), and Mexico ($82.7M).

Imports In 2022, Brazil imported $711M in Large Construction Vehicles, becoming the 19th largest importer of Large Construction Vehicles in the world. At the same year, Large Construction Vehicles was the 74th most imported product in Brazil. Brazil imports Large Construction Vehicles primarily from: China ($462M), United States ($72.9M), Japan ($53.5M), South Korea ($26.3M), and India ($24.2M).

The fastest growing import markets in Large Construction Vehicles for Brazil between 2021 and 2022 were China ($280M), India ($17M), and Japan ($14.4M).

COMPANIES In 2023, leading companies such as John Deere (11) were at the forefront of shipping Large Construction Vehicles from Brazil to the United States.

Latest Trends

October 2024

About

Overview In October 2024 Brazil's Large Construction Vehicles exports accounted up to $260M and imports accounted up to $82.2M, resulting in a positive trade balance of $177M. Between October 2023 and October 2024 the exports of Brazil's   Large Construction Vehicles have decreased by $-253M (-49.4%) from $513M to $260M, while imports increased by $28.8M (54.1%) from $53.3M to $82.2M.

Destinations In October 2024, Large Construction Vehicles were exported mostly to United States ($138M), Mexico ($16.1M), Argentina ($12.4M), Peru ($12.2M), and Chile ($11.1M), and were imported mostly from China ($44.1M), United States ($13.3M), Japan ($10.8M), India ($7.46M), and United Kingdom ($2.56M).

Growth In October 2024, the decrease in Large Construction Vehicles's year-by-year exports was explained primarily by a decrease in exports to Russia ($-11.5M or -93.4%), Chile ($-5.37M or -40.2%), and United Kingdom ($-1.72M or -78.9%). In October 2024, the increase in Large Construction Vehicles's year-by-year imports was explained primarily by an increase in imports from Japan ($5.45M or 383%), Germany ($2.27M or 1.19k%), and China ($1.76M or 3.84%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$-253M(-49.4%)
IMPORT GROWTH (October 2023 - October 2024)$28.8M(54.1%)
MAIN EXPORTER (October 2024)São Paulo$227M
MAIN DESTINATION (October 2024)United States$138M

This section shows Large Construction Vehicles'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 Large Construction Vehicles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.82B
IMPORTS (2022)$711M
NET TRADE (2022)$2.1B

In 2022, Brazil exported $2.82B in Large Construction Vehicles. The main destinations of Brazil exports on Large Construction Vehicles were United States ($1.11B), Argentina ($264M), Chile ($197M), Australia ($171M), and Mexico ($169M).

In 2022, Brazil imported $711M in Large Construction Vehicles, mainly from China ($462M), United States ($72.9M), Japan ($53.5M), South Korea ($26.3M), and India ($24.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Large Construction Vehicles EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
United States$221M (24.9%)
Argentina$127M (92.2%)
Mexico$82.7M (95.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Large Construction Vehicles BY Brazil WERE (2021 - 2022):
Peru-$42.9M (-32.8%)
Russia-$28.9M (-56.1%)
Canada-$25.6M (-22.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Large Construction Vehicles were:
China $14.3B
Japan $13B
United States $5.24B
In 2022, Brazil's main importing competitors in Large Construction Vehicles were:
United States $10.7B
Canada $4.04B
Australia $2.75B

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Trade Value of Large Construction Vehicles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $99M
TOP IMPORT POTENTIALJapan+ $34.2M

Large Construction Vehicles’s highest export potential is United States. With an export gap of $99M.   Large Construction Vehicles’s highest import potential is Japan with an import gap of $34.2M.

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