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Pricing

2022
Exports $44.3MWorld Rnk 38 / 199
Flag Rnk 351 / 1206
2022
Destination $6.21M China
2021 - 2022
FASTEST GROWING MARKET $6.21MChina
2022
PRODUCT COMPLEXITY IN Metalworking Machine Parts1.64Rnk 34 / 1025
2022
Imports $223MWorld Rnk 25 / 220
Flag Rnk 200 / 1198
2022
Origin $14.8M Germany
2021 - 2022
FASTEST GROWING ORIGIN $14.8MGermany
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

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 (23) were at the forefront of shipping Metalworking Machine Parts from Brazil to the United States.

Latest Trends

September 2024

About

Overview In September 2024 Brazil's Metalworking Machine Parts exports accounted up to $4.47M and imports accounted up to $16.4M, resulting in a negative trade balance of $11.9M. Between September 2023 and September 2024 the exports of Brazil's   Metalworking Machine Parts have increased by $977k (28%) from $3.49M to $4.47M, while imports increased by $2.12M (14.8%) from $14.3M to $16.4M.

Destinations In September 2024, Metalworking Machine Parts were exported mostly to Mexico ($2.62M), United States ($491k), Germany ($465k), United Kingdom ($181k), and Argentina ($159k), and were imported mostly from Germany ($3.73M), China ($3.1M), United States ($1.82M), Chinese Taipei ($1.77M), and Italy ($1.43M).

Growth In September 2024, the increase in Metalworking Machine Parts's year-by-year exports was explained primarily by an increase in exports to Colombia ($367k or 1.53k%), Chile ($201k or 237%), and Argentina ($174k or 32.4%). In September 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
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$977k(28%)
IMPORT GROWTH (September 2023 - September 2024)$2.12M(14.8%)
MAIN EXPORTER (September 2024)São Paulo$5.61M
MAIN DESTINATION (September 2024)Mexico$2.62M

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

Trade Balance

Color
EXPORTS (2022)$44.3M
IMPORTS (2022)$223M
NET TRADE (2022)-$178M

In 2022, Brazil exported $44.3M in Metalworking Machine Parts. The main destinations of Brazil exports on Metalworking Machine Parts were China ($7.41M), United States ($6.52M), Germany ($6.1M), Mexico ($5.14M), and Argentina ($4.63M).

In 2022, Brazil imported $223M in Metalworking Machine Parts, mainly from Germany ($53.9M), United States ($45.2M), Italy ($29.9M), China ($28.7M), and Chinese Taipei ($12M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metalworking Machine Parts EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
China$6.21M (517%)
Argentina$807k (21.1%)
Chile$682k (51.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Machine Parts BY Brazil WERE (2021 - 2022):
United States-$8.63M (-57%)
Mexico-$633k (-11%)
Paraguay-$351k (-18.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Metalworking Machine Parts were:
Germany $3.59B
China $2.15B
United States $2.04B
In 2022, Brazil's main importing competitors in Metalworking Machine Parts were:
United States $2.91B
Germany $2.12B
China $1.94B

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Trade Value of Metalworking Machine Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $6.51M
TOP IMPORT POTENTIALChina+ $12.1M

Metalworking Machine Parts’s highest export potential is United States. With an export gap of $6.51M.   Metalworking Machine Parts’s highest import potential is China with an import gap of $12.1M.

See methodology.

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