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%).