Metalworking Transfer Machines in Brazil | The Observatory of Economic Complexity

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Exports In 2022, Brazil exported $28.5M in Metalworking Transfer Machines, making it the 23rd largest exporter of Metalworking Transfer Machines in the world. At the same year, Metalworking Transfer Machines was the 427th most exported product in Brazil. The main destination of Metalworking Transfer Machines exports from Brazil are: United States ($11M), Germany ($6.73M), Mexico ($4.35M), Argentina ($3.55M), and Italy ($728k).

The fastest growing export markets for Metalworking Transfer Machines of Brazil between 2021 and 2022 were United States ($5.53M), Mexico ($3.55M), and Germany ($2.97M).

Imports In 2022, Brazil imported $99.6M in Metalworking Transfer Machines, becoming the 25th largest importer of Metalworking Transfer Machines in the world. At the same year, Metalworking Transfer Machines was the 319th most imported product in Brazil. Brazil imports Metalworking Transfer Machines primarily from: Japan ($27.7M), China ($18.5M), Chinese Taipei ($14.8M), Germany ($11.9M), and United States ($9.01M).

The fastest growing import markets in Metalworking Transfer Machines for Brazil between 2021 and 2022 were China ($9.89M), Chinese Taipei ($2.22M), and Czechia ($1.6M).

COMPANIES In 2023, leading companies such as GOODYEAR TIRE & RUBBER CO. (427) were at the forefront of shipping Metalworking Transfer Machines from Brazil to the United States.

Latest Trends

February 2024

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Overview In February 2024 Brazil's Metalworking Transfer Machines exports accounted up to $2.29M and imports accounted up to $10M, resulting in a negative trade balance of $7.75M. Between February 2023 and February 2024 the exports of Brazil's Metalworking Transfer Machines have decreased by $-1.93M (-45.7%) from $4.22M to $2.29M, while imports increased by $3.45M (52.3%) from $6.6M to $10M.

Destinations In February 2024, Metalworking Transfer Machines were exported mostly to Germany ($1.33M), Mexico ($769k), Peru ($195k), United States ($1.16k), and Uruguay ($21), and were imported mostly from Germany ($2.86M), Japan ($2.71M), China ($2.42M), Italy ($765k), and Taiwan ($624k).

Growth In February 2024, the decrease in Metalworking Transfer Machines's year-by-year exports was explained primarily by a decrease in exports to . In February 2024, the increase in Metalworking Transfer Machines's year-by-year imports was explained primarily by an increase in imports from China ($1.38M or 103%), South Korea ($442k or 153%), and United States ($199k or 51.3%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$-1.93M(-45.7%)

IMPORT GROWTH (February 2023 - February 2024)$3.45M(52.3%)

MAIN EXPORTER (February 2024)São Paulo$2.59M

MAIN DESTINATION (February 2024)Germany$1.33M

This section shows Metalworking Transfer Machines'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 Transfer Machines over time.

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