Looms in Brazil | The Observatory of Economic Complexity

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Exports In 2022, Brazil exported $1.14M in Looms, making it the 38th largest exporter of Looms in the world. At the same year, Looms was the 894th most exported product in Brazil. The main destination of Looms exports from Brazil are: Argentina ($731k), India ($235k), Turkey ($75k), Paraguay ($60.2k), and Canada ($22.6k).

The fastest growing export markets for Looms of Brazil between 2021 and 2022 were Argentina ($627k), Paraguay ($46.1k), and India ($24.6k).

Imports In 2022, Brazil imported $27.2M in Looms, becoming the 13th largest importer of Looms in the world. At the same year, Looms was the 588th most imported product in Brazil. Brazil imports Looms primarily from: Belgium ($8.72M), China ($4.57M), India ($4.03M), Japan ($3.4M), and Austria ($3.1M).

The fastest growing import markets in Looms for Brazil between 2021 and 2022 were Austria ($384k), Spain ($150k), and Chile ($20k).

Latest Trends

July 2024

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Overview In July 2024 Brazil's Looms exports accounted up to $163k and imports accounted up to $1.59M, resulting in a negative trade balance of $1.42M. Between March 2023 and July 2024 the exports of Brazil's Looms have decreased by $-277k (-62.9%) from $440k to $163k, while imports decreased by $-450k (-22.1%) from $2.04M to $1.59M.

Destinations In July 2024, Looms were exported mostly to Iran ($106k) and India ($57.5k), and were imported mostly from Belgium ($692k), Italy ($415k), China ($267k), Germany ($110k), and Japan ($74.5k).

Growth In July 2024, the decrease in Looms's year-by-year exports was explained primarily by a decrease in exports to . In July 2024, the decrease in Looms's year-by-year imports was explained primarily by a decrease in imports from Belgium ($-1.59M or -52.8%), Germany ($-474k or -97.7%), and Japan ($-453k or -100%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - July 2024)$-277k(-62.9%)

IMPORT GROWTH (July 2023 - July 2024)$-450k(-22.1%)

MAIN EXPORTER (July 2024)Paraná$266k

MAIN DESTINATION (July 2024)Iran$106k

This section shows Looms'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 Looms over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$1.14M

IMPORTS (2022)$27.2M

NET TRADE (2022)-$26M

In 2022, Brazil exported $1.14M in Looms. The main destinations of Brazil exports on Looms were Argentina ($731k), India ($235k), Turkey ($75k), Paraguay ($60.2k), and Canada ($22.6k).

In 2022, Brazil imported $27.2M in Looms, mainly from Belgium ($8.72M), China ($4.57M), India ($4.03M), Japan ($3.4M), and Austria ($3.1M).

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