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2022
Exports $204MWorld Rnk 43 / 224
Flag Rnk 133 / 1206
2022
Destination $23.2M United States
2021 - 2022
FASTEST GROWING MARKET $23.2MUnited States
2022
PRODUCT COMPLEXITY IN Medical Instruments0.76Rnk 260 / 1025
2022
Imports $1.84BWorld Rnk 19 / 225
Flag Rnk 25 / 1198
2022
Origin $59.1M United States
2021 - 2022
FASTEST GROWING ORIGIN $59.1MUnited States
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $204M in Medical Instruments, making it the 43rd largest exporter of Medical Instruments in the world. At the same year, Medical Instruments was the 133rd most exported product in Brazil. The main destination of Medical Instruments exports from Brazil are: United States ($77.6M), Netherlands ($11.3M), Mexico ($10.2M), Spain ($8.78M), and Argentina ($7.73M).

The fastest growing export markets for Medical Instruments of Brazil between 2021 and 2022 were United States ($23.2M), Netherlands ($7.14M), and Colombia ($2.91M).

Imports In 2022, Brazil imported $1.84B in Medical Instruments, becoming the 19th largest importer of Medical Instruments in the world. At the same year, Medical Instruments was the 25th most imported product in Brazil. Brazil imports Medical Instruments primarily from: United States ($531M), China ($425M), Germany ($155M), Mexico ($102M), and South Korea ($74.9M).

The fastest growing import markets in Medical Instruments for Brazil between 2021 and 2022 were United States ($59.1M), China ($42.4M), and Mexico ($19.7M).

Latest Trends

September 2024

About

Overview In September 2024 Brazil's Medical Instruments exports accounted up to $20.7M and imports accounted up to $158M, resulting in a negative trade balance of $137M. Between September 2023 and September 2024 the exports of Brazil's   Medical Instruments have increased by $3.34M (19.3%) from $17.3M to $20.7M, while imports decreased by $-11.5M (-6.79%) from $169M to $158M.

Destinations In September 2024, Medical Instruments were exported mostly to United States ($9.58M), Mexico ($1.02M), India ($789k), Argentina ($714k), and Switzerland ($599k), and were imported mostly from United States ($37.7M), China ($35.3M), Germany ($16.8M), Mexico ($7.88M), and Japan ($6.58M).

Growth In September 2024, the increase in Medical Instruments's year-by-year exports was explained primarily by an increase in exports to Mexico ($646k or 137%), Poland ($547k or 710%), and Argentina ($454k or 98.6%). In September 2024, the decrease in Medical Instruments's year-by-year imports was explained primarily by a decrease in imports from Netherlands ($-1.87M or -80.2%), Argentina ($-1.01M or -76.3%), and Poland ($-488k or -58.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$3.34M(19.3%)
IMPORT GROWTH (September 2023 - September 2024)$-11.5M(-6.79%)
MAIN EXPORTER (September 2024)São Paulo$14.8M
MAIN DESTINATION (September 2024)United States$9.58M

This section shows Medical Instruments'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 Medical Instruments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$204M
IMPORTS (2022)$1.84B
NET TRADE (2022)-$1.64B

In 2022, Brazil exported $204M in Medical Instruments. The main destinations of Brazil exports on Medical Instruments were United States ($77.6M), Netherlands ($11.3M), Mexico ($10.2M), Spain ($8.78M), and Argentina ($7.73M).

In 2022, Brazil imported $1.84B in Medical Instruments, mainly from United States ($531M), China ($425M), Germany ($155M), Mexico ($102M), and South Korea ($74.9M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Medical Instruments EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
United States$23.2M (42.7%)
Netherlands$7.14M (172%)
Colombia$2.91M (73.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Medical Instruments BY Brazil WERE (2021 - 2022):
Mexico-$26.9M (-72.5%)
Switzerland-$1.55M (-25.3%)
Denmark-$1.35M (-84.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Medical Instruments were:
United States $33.3B
Germany $17.6B
Mexico $14.1B
In 2022, Brazil's main importing competitors in Medical Instruments were:
United States $34.7B
Netherlands $12.9B
Germany $11.4B

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Trade Value of Medical Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $57.5M
TOP IMPORT POTENTIALUnited States+ $98.4M

Medical Instruments’s highest export potential is United States. With an export gap of $57.5M.   Medical Instruments’s highest import potential is United States with an import gap of $98.4M.

See methodology.

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