Metalworking Machine Parts in Brazil | The Observatory of Economic Complexity

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Exports In 2022, Brazil exported $44.3M in Metalworking Machine Parts, making it the 38th largest exporter of Metalworking Machine Parts in the world. At the same year, Metalworking Machine Parts was the 351st most exported product in Brazil. The main destination of Metalworking Machine Parts exports from Brazil are: China ($7.41M), United States ($6.52M), Germany ($6.1M), Mexico ($5.14M), and Argentina ($4.63M).

The fastest growing export markets for Metalworking Machine Parts of Brazil between 2021 and 2022 were China ($6.21M), Argentina ($807k), and Chile ($682k).

Imports In 2022, Brazil imported $223M in Metalworking Machine Parts, becoming the 25th largest importer of Metalworking Machine Parts in the world. At the same year, Metalworking Machine Parts was the 200th most imported product in Brazil. Brazil imports Metalworking Machine Parts primarily from: Germany ($53.9M), United States ($45.2M), Italy ($29.9M), China ($28.7M), and Chinese Taipei ($12M).

The fastest growing import markets in Metalworking Machine Parts for Brazil between 2021 and 2022 were Germany ($14.8M), Italy ($4.05M), and United States ($3.41M).

COMPANIES In 2023, leading companies such as TELAMON CORPORATION (207) were at the forefront of shipping Metalworking Machine Parts from Brazil to the United States.

Latest Trends

February 2024

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Overview In February 2024 Brazil's Metalworking Machine Parts exports accounted up to $2.82M and imports accounted up to $14.3M, resulting in a negative trade balance of $11.5M. Between February 2023 and February 2024 the exports of Brazil's Metalworking Machine Parts have decreased by $-793k (-21.9%) from $3.61M to $2.82M, while imports increased by $325k (2.32%) from $14M to $14.3M.

Destinations In February 2024, Metalworking Machine Parts were exported mostly to Germany ($613k), United States ($593k), Mexico ($479k), Argentina ($283k), and Japan ($262k), and were imported mostly from China ($3.21M), Germany ($3.04M), United States ($1.85M), Italy ($1.58M), and Japan ($932k).

Growth In February 2024, the decrease in Metalworking Machine Parts's year-by-year exports was explained primarily by a decrease in exports to China ($-684k or -68.7%), Mexico ($-138k or -30.6%), and United States ($-113k or -37.7%). In February 2024, the increase in Metalworking Machine Parts's year-by-year imports was explained primarily by an increase in imports from United Kingdom ($1.51M or 670%), Spain ($1.4M or 1.49k%), and Italy ($770k or 70.7%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$-793k(-21.9%)

IMPORT GROWTH (February 2023 - February 2024)$325k(2.32%)

MAIN EXPORTER (February 2024)São Paulo$5.61M

MAIN DESTINATION (February 2024)Germany$613k

This section shows Metalworking Machine Parts'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 Metalworking Machine Parts over time.

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