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2022
Exports $47.6MWorld Rnk 13 / 153
Flag Rnk 342 / 1206
2022
Destination $9.28M United States
2021 - 2022
FASTEST GROWING MARKET $9.28MUnited States
2022
PRODUCT COMPLEXITY IN Mill Machinery0.2Rnk 485 / 1025
2022
Imports $44.9MWorld Rnk 11 / 202
Flag Rnk 472 / 1198
2022
Origin $7.16M United States
2021 - 2022
FASTEST GROWING ORIGIN $7.16MUnited States
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $47.6M in Mill Machinery, making it the 13th largest exporter of Mill Machinery in the world. At the same year, Mill Machinery was the 342nd most exported product in Brazil. The main destination of Mill Machinery exports from Brazil are: United States ($14M), Bolivia ($6.13M), Paraguay ($5.19M), Argentina ($3.03M), and Ecuador ($2.33M).

The fastest growing export markets for Mill Machinery of Brazil between 2021 and 2022 were United States ($9.28M), Bolivia ($4.34M), and Ecuador ($967k).

Imports In 2022, Brazil imported $44.9M in Mill Machinery, becoming the 11th largest importer of Mill Machinery in the world. At the same year, Mill Machinery was the 472nd most imported product in Brazil. Brazil imports Mill Machinery primarily from: United States ($13.6M), China ($7.7M), Germany ($5.45M), Turkey ($3.14M), and India ($2.45M).

The fastest growing import markets in Mill Machinery for Brazil between 2021 and 2022 were United States ($7.16M), Germany ($2.59M), and India ($2.09M).

Latest Trends

November 2024

About

Overview In November 2024 Brazil's Mill Machinery exports accounted up to $3.11M and imports accounted up to $4.53M, resulting in a negative trade balance of $1.42M. Between November 2023 and November 2024 the exports of Brazil's   Mill Machinery have increased by $683k (28.1%) from $2.43M to $3.11M, while imports increased by $1.85M (69%) from $2.68M to $4.53M.

Destinations In November 2024, Mill Machinery were exported mostly to Colombia ($630k), Paraguay ($504k), Uruguay ($289k), Turkey ($222k), and Mexico ($217k), and were imported mostly from United States ($1.71M), China ($1.25M), Germany ($511k), India ($378k), and Argentina ($190k).

Growth In November 2024, the increase in Mill Machinery's year-by-year exports was explained primarily by an increase in exports to Colombia ($173k or 457%), United States ($171k or 81.7%), and Venezuela ($111k or 3.53k%). In November 2024, the increase in Mill Machinery's year-by-year imports was explained primarily by an increase in imports from Slovakia ($945k or 249k%), China ($632k or 92.8%), and India ($545k or 3.82k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$683k(28.1%)
IMPORT GROWTH (November 2023 - November 2024)$1.85M(69%)
MAIN EXPORTER (November 2024)Santa Catarina$1.83M
MAIN DESTINATION (November 2024)Colombia$630k

This section shows Mill Machinery'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 Mill Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$47.6M
IMPORTS (2022)$44.9M
NET TRADE (2022)$2.67M

In 2022, Brazil exported $47.6M in Mill Machinery. The main destinations of Brazil exports on Mill Machinery were United States ($14M), Bolivia ($6.13M), Paraguay ($5.19M), Argentina ($3.03M), and Ecuador ($2.33M).

In 2022, Brazil imported $44.9M in Mill Machinery, mainly from United States ($13.6M), China ($7.7M), Germany ($5.45M), Turkey ($3.14M), and India ($2.45M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Mill Machinery EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
United States$9.28M (195%)
Bolivia$4.34M (243%)
Ecuador$967k (71%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mill Machinery BY Brazil WERE (2021 - 2022):
Ethiopia-$1.2M (-71.1%)
Peru-$301k (-12.8%)
Guyana-$259k (-60.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Mill Machinery were:
China $609M
Turkey $304M
Italy $195M
In 2022, Brazil's main importing competitors in Mill Machinery were:
India $191M
United States $148M
Nigeria $85.8M

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Trade Value of Mill Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $726k
TOP IMPORT POTENTIALChina+ $2.61M

Mill Machinery’s highest export potential is United States. With an export gap of $726k.   Mill Machinery’s highest import potential is China with an import gap of $2.61M.

See methodology.

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