HS Icon Metalworking Machine Parts in  Flag Brazil

2019
Exports | Imports
: $65.4M | $176M, World Rnk 32 / 202
Flag Rnk 245 / 1199 | World Rnk 27 / 217
Flag Rnk 188 / 1196

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $18M | $3.07M, China |  United States

2019
ECONOMIC COMPLEXITY of Brazil
: 0.58, Rnk 44 / 147

2019
PRODUCT COMPLEXITY  IN Metalworking Machine Parts
: 1.52, Rnk 49 / 1029

The fastest growing export markets for Metalworking Machine Parts of Brazil between 2018 and 2019 were China ($18M), Argentina ($3.88M), and United States ($1.81M).

Imports In 2019, Brazil imported $176M in Metalworking Machine Parts, becoming the 27th largest importer of Metalworking Machine Parts in the world. At the same year, Metalworking Machine Parts was the 188th most imported product in Brazil. Brazil imports Metalworking Machine Parts primarily from: Germany ($41.2M), United States ($38.3M), Italy ($22.9M), China ($15.1M), and Japan ($10.1M).

The fastest growing import markets in Metalworking Machine Parts for Brazil between 2018 and 2019 were United States ($3.07M), Italy ($2.34M), and Romania ($1.34M).

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%).

Historical Data

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EXPORTS (2019): $65.4M

IMPORTS (2019): $176M

NET TRADE (2019): -$110M

In 2019, Brazil imported $176M in Metalworking Machine Parts, mainly from Germany ($41.2M), United States ($38.3M), Italy ($22.9M), China ($15.1M), and Japan ($10.1M).

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Flow

THE FASTEST GROWING Metalworking Machine Parts EXPORT MARKETS FOR Brazil WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Machine Parts BY Brazil WERE (2018 - 2019):

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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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Tariffs by Country

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In 2017, the average tariff for Brazil in Metalworking Machine Parts was 12.7%.

The countries with the highest tariffs for Metalworking Machine Parts in Brazil 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%).