HS Icon Metalworking Machine Parts in  Flag Brazil

2020
Exports | Imports
: $31.6M | $148M, World Rnk 39 / 198
Flag Rnk 331 / 1202 | World Rnk 28 / 218
Flag Rnk 202 / 1194

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $786k | $3.57M, Saudi Arabia |  South Korea


ECONOMIC COMPLEXITY of Brazil
: 0.44, Rnk 47 / 127


PRODUCT COMPLEXITY  IN Metalworking Machine Parts
: 1.45, Rnk 68 / 1028

Exports In 2020, Brazil exported $31.6M in Metalworking Machine Parts, making it the 39th largest exporter of Metalworking Machine Parts in the world. At the same year, Metalworking Machine Parts was the 331st most exported product in Brazil. The main destination of Metalworking Machine Parts exports from Brazil are: United States ($5.92M), China ($4.96M), Germany ($4.12M), Mexico ($2.8M), and United Kingdom ($2.64M).

The fastest growing export markets for Metalworking Machine Parts of Brazil between 2019 and 2020 were Saudi Arabia ($786k), United Kingdom ($692k), and Republic of the Congo ($678k).

Imports In 2020, Brazil imported $148M in Metalworking Machine Parts, becoming the 28th largest importer of Metalworking Machine Parts in the world. At the same year, Metalworking Machine Parts was the 202nd most imported product in Brazil. Brazil imports Metalworking Machine Parts primarily from: Germany ($30.3M), United States ($29.9M), Italy ($18.7M), China ($15.7M), and Japan ($11.1M).

The fastest growing import markets in Metalworking Machine Parts for Brazil between 2019 and 2020 were South Korea ($3.57M), Canada ($1.09M), and Japan ($725k).

Tariffs In 2017, the average tariff for Brazil in Metalworking Machine Parts was 12.7%. The countries with the highest import tariffs for Metalworking Machine Parts were Angola (Most Favoured Nation duty rate treatement, 13.2%), Burundi (Most Favoured Nation duty rate treatement, 13.2%), Benin (Most Favoured Nation duty rate treatement, 13.2%), Burkina Faso (Most Favoured Nation duty rate treatement, 13.2%), and Botswana (Most Favoured Nation duty rate treatement, 13.2%).

May 2022

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (May 2021 - May 2022): $1.23M, (40.1%)

IMPORT GROWTH (May 2021 - May 2022): $3.94M, (27.4%)

MAIN EXPORTER (May 2022): São Paulo, $3.25M

MAIN DESTINATION (May 2022): Mexico, $1.04M

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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Historical Data

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EXPORTS (2020): $31.6M

IMPORTS (2020): $148M

NET TRADE (2020): -$117M

In 2020, Brazil exported $31.6M in Metalworking Machine Parts. The main destinations of Brazil exports on Metalworking Machine Parts were United States ($5.92M), China ($4.96M), Germany ($4.12M), Mexico ($2.8M), and United Kingdom ($2.64M).

In 2020, Brazil imported $148M in Metalworking Machine Parts, mainly from Germany ($30.3M), United States ($29.9M), Italy ($18.7M), China ($15.7M), and Japan ($11.1M).

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IN 2020, Brazil HAD A POSITIVE NET TRADE IN Metalworking Machine Parts WITH:

IN 2020, Brazil HAD A NEGATIVE NET TRADE IN Metalworking Machine Parts WITH:

Flow

THE FASTEST GROWING Metalworking Machine Parts EXPORT MARKETS FOR Brazil WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Machine Parts BY Brazil WERE (2019 - 2020):

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Market Concentration

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In 2019, Brazil's main exporting competitors in Metalworking Machine Parts were:

In 2019, Brazil's main importing competitors in Metalworking Machine Parts were:

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