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2022
Exports $5.07MWorld Rnk 12 / 118
Flag Rnk 696 / 1206
2022
Destination $501k Mexico
2021 - 2022
FASTEST GROWING MARKET $501kArgentina
2022
PRODUCT COMPLEXITY IN Leather Machinery0.25Rnk 472 / 1025
2022
Imports $15.3MWorld Rnk 17 / 183
Flag Rnk 691 / 1198
2022
Origin $1.45M Italy
2021 - 2022
FASTEST GROWING ORIGIN $1.45MChina
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $5.07M in Leather Machinery, making it the 12th largest exporter of Leather Machinery in the world. At the same year, Leather Machinery was the 696th most exported product in Brazil. The main destination of Leather Machinery exports from Brazil are: Mexico ($1.09M), Argentina ($860k), United States ($673k), Paraguay ($519k), and India ($431k).

The fastest growing export markets for Leather Machinery of Brazil between 2021 and 2022 were Argentina ($501k), India ($430k), and United States ($426k).

Imports In 2022, Brazil imported $15.3M in Leather Machinery, becoming the 17th largest importer of Leather Machinery in the world. At the same year, Leather Machinery was the 691st most imported product in Brazil. Brazil imports Leather Machinery primarily from: Italy ($10.8M), China ($2.04M), United States ($1.11M), South Korea ($429k), and Chinese Taipei ($270k).

The fastest growing import markets in Leather Machinery for Brazil between 2021 and 2022 were China ($1.45M), United States ($1.06M), and South Korea ($406k).

COMPANIES In 2023, leading companies such as Steve Madden (5) were at the forefront of shipping Leather Machinery from Brazil to the United States.

Latest Trends

October 2024

About

Overview In October 2024 Brazil's Leather Machinery exports accounted up to $102k and imports accounted up to $1.17M, resulting in a negative trade balance of $1.07M. Between October 2023 and October 2024 the exports of Brazil's   Leather Machinery have decreased by $-512k (-83.4%) from $613k to $102k, while imports increased by $389k (49.7%) from $783k to $1.17M.

Destinations In October 2024, Leather Machinery were exported mostly to Paraguay ($26.7k), Guatemala ($17.1k), Portugal ($12k), Ecuador ($10.7k), and Italy ($10.7k), and were imported mostly from Italy ($1.04M), China ($79.8k), South Korea ($30k), Germany ($9.13k), and United States ($4.22k).

Growth In October 2024, the decrease in Leather Machinery's year-by-year exports was explained primarily by a decrease in exports to India ($-41.9k or -66%), Dominican Republic ($-1.64k or -86.3%), and Ecuador ($-92 or -37.7%). In October 2024, the increase in Leather Machinery's year-by-year imports was explained primarily by an increase in imports from Italy ($327k or 145%), Greece ($22.8k or 163%), and China ($7.18k or 165%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$-512k(-83.4%)
IMPORT GROWTH (October 2023 - October 2024)$389k(49.7%)
MAIN EXPORTER (October 2024)Rio Grande Do Sul$328k
MAIN DESTINATION (October 2024)Paraguay$26.7k

This section shows Leather 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 Leather Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.07M
IMPORTS (2022)$15.3M
NET TRADE (2022)-$10.2M

In 2022, Brazil exported $5.07M in Leather Machinery. The main destinations of Brazil exports on Leather Machinery were Mexico ($1.09M), Argentina ($860k), United States ($673k), Paraguay ($519k), and India ($431k).

In 2022, Brazil imported $15.3M in Leather Machinery, mainly from Italy ($10.8M), China ($2.04M), United States ($1.11M), South Korea ($429k), and Chinese Taipei ($270k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Leather Machinery EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Argentina$501k (140%)
India$430k (109k%)
United States$426k (172%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Leather Machinery BY Brazil WERE (2021 - 2022):
Uruguay-$235k (-73.2%)
Chile-$113k (-79.8%)
Paraguay-$103k (-16.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Leather Machinery were:
China $413M
Italy $320M
Chinese Taipei $104M
In 2022, Brazil's main importing competitors in Leather Machinery were:
Indonesia $152M
Vietnam $139M
India $82.1M

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Trade Value of Leather Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $303k
TOP IMPORT POTENTIALChina+ $1.15M

Leather Machinery’s highest export potential is United States. With an export gap of $303k.   Leather Machinery’s highest import potential is China with an import gap of $1.15M.

See methodology.

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