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2022
Exports $183MWorld Rnk 28 / 184
Flag Rnk 150 / 1206
2022
Destination $21.9M Argentina
2021 - 2022
FASTEST GROWING MARKET $21.9MArgentina
2022
PRODUCT COMPLEXITY IN Lifting Machinery1.12Rnk 128 / 1025
2022
Imports $339MWorld Rnk 28 / 219
Flag Rnk 146 / 1198
2022
Origin $57.1M China
2021 - 2022
FASTEST GROWING ORIGIN $57.1MChina
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $183M in Lifting Machinery, making it the 28th largest exporter of Lifting Machinery in the world. At the same year, Lifting Machinery was the 150th most exported product in Brazil. The main destination of Lifting Machinery exports from Brazil are: Argentina ($38.6M), Mexico ($30.7M), Chile ($24.7M), Paraguay ($18.9M), and United States ($13.2M).

The fastest growing export markets for Lifting Machinery of Brazil between 2021 and 2022 were Argentina ($21.9M), Mexico ($6.14M), and Chile ($5.05M).

Imports In 2022, Brazil imported $339M in Lifting Machinery, becoming the 28th largest importer of Lifting Machinery in the world. At the same year, Lifting Machinery was the 146th most imported product in Brazil. Brazil imports Lifting Machinery primarily from: China ($96.7M), Germany ($49.1M), Italy ($34.1M), United States ($33.2M), and Spain ($17.5M).

The fastest growing import markets in Lifting Machinery for Brazil between 2021 and 2022 were China ($57.1M), Romania ($6.19M), and Spain ($3.75M).

COMPANIES In 2023, leading companies such as CNH Industrial (1) were at the forefront of shipping Lifting Machinery from Brazil to the United States.

Latest Trends

October 2024

About

Overview In October 2024 Brazil's Lifting Machinery exports accounted up to $12.9M and imports accounted up to $32.7M, resulting in a negative trade balance of $19.9M. Between October 2023 and October 2024 the exports of Brazil's   Lifting Machinery have decreased by $-4.15M (-24.4%) from $17M to $12.9M, while imports increased by $11.1M (51.3%) from $21.6M to $32.7M.

Destinations In October 2024, Lifting Machinery were exported mostly to Paraguay ($3.54M), Chile ($2.16M), Argentina ($1.62M), Uruguay ($1.43M), and Mexico ($1.37M), and were imported mostly from Italy ($13.1M), China ($7.81M), United States ($3.29M), Slovenia ($1.45M), and Sweden ($1.31M).

Growth In October 2024, the decrease in Lifting Machinery's year-by-year exports was explained primarily by a decrease in exports to Mexico ($-998k or -51.3%), Germany ($-398k or -99.3%), and Angola ($-153k or -87.5%). In October 2024, the increase in Lifting Machinery's year-by-year imports was explained primarily by an increase in imports from Germany ($5.07M or 669%), Italy ($3.92M or 290%), and Spain ($3.49M or 2.87k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$-4.15M(-24.4%)
IMPORT GROWTH (October 2023 - October 2024)$11.1M(51.3%)
MAIN EXPORTER (October 2024)São Paulo$9.23M
MAIN DESTINATION (October 2024)Paraguay$3.54M

This section shows Lifting 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 Lifting Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$183M
IMPORTS (2022)$339M
NET TRADE (2022)-$156M

In 2022, Brazil exported $183M in Lifting Machinery. The main destinations of Brazil exports on Lifting Machinery were Argentina ($38.6M), Mexico ($30.7M), Chile ($24.7M), Paraguay ($18.9M), and United States ($13.2M).

In 2022, Brazil imported $339M in Lifting Machinery, mainly from China ($96.7M), Germany ($49.1M), Italy ($34.1M), United States ($33.2M), and Spain ($17.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Lifting Machinery EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Argentina$21.9M (131%)
Mexico$6.14M (25%)
Chile$5.05M (25.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lifting Machinery BY Brazil WERE (2021 - 2022):
Peru-$7.43M (-46.9%)
Panama-$3.75M (-82.5%)
Bolivia-$1.26M (-21.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Lifting Machinery were:
China $6.88B
Germany $5.16B
Italy $2.48B
In 2022, Brazil's main importing competitors in Lifting Machinery were:
United States $5.58B
Germany $2.32B
United Kingdom $1.44B

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Trade Value of Lifting Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $17.3M
TOP IMPORT POTENTIALChina+ $27.4M

Lifting Machinery’s highest export potential is United States. With an export gap of $17.3M.   Lifting Machinery’s highest import potential is China with an import gap of $27.4M.

See methodology.

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