Motor vehicles; parts and accessories (8701 to 8705) in Brazil

About

Exports In 2023, Brazil exported $3.07B in Motor vehicles; parts and accessories (8701 to 8705), making it the 26th largest exporter of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 20th most exported product in Brazil. The main destination of Motor vehicles; parts and accessories (8701 to 8705) exports from Brazil are: Argentina ($1.74B), United States ($308M), Mexico ($252M), Uzbekistan ($105M), and Colombia ($92.9M).

The fastest growing export markets for Motor vehicles; parts and accessories (8701 to 8705) of Brazil between 2022 and 2023 were Argentina ($309M), Uzbekistan ($63.1M), and Mexico ($48.5M).

Imports In 2023, Brazil imported $7.52B in Motor vehicles; parts and accessories (8701 to 8705), becoming the 15th largest importer of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 3rd most imported product in Brazil. Brazil imports Motor vehicles; parts and accessories (8701 to 8705) primarily from: China ($1.06B), Japan ($973M), Mexico ($727M), Germany ($721M), and United States ($584M).

The fastest growing import markets in Motor vehicles; parts and accessories (8701 to 8705) for Brazil between 2022 and 2023 were Mexico ($40.2M), France ($35.4M), and Japan ($29.8M).

COMPANIES In 2024, leading companies such as Robert Bosch (84), Ford Motor Company (52), and Dana Incorporated (19) were at the forefront of shipping Motor vehicles; parts and accessories (8701 to 8705) from Brazil to the United States.

Latest Trends

December 2024

About

Overview In December 2024 Brazil's Motor vehicles; parts and accessories (8701 to 8705) exports accounted up to $187M and imports accounted up to $597M, resulting in a negative trade balance of $411M. Between December 2023 and December 2024 the exports of Brazil's Motor vehicles; parts and accessories (8701 to 8705) have decreased by $-2.53M (-1.34%) from $189M to $187M, while imports increased by $118M (24.6%) from $479M to $597M.

Destinations In December 2024, Motor vehicles; parts and accessories (8701 to 8705) were exported mostly to Argentina ($95.3M), United States ($28M), Mexico ($17.5M), Colombia ($6.04M), and Uzbekistan ($5.15M), and were imported mostly from China ($116M), Japan ($88M), Mexico ($70M), Germany ($43.7M), and United States ($41.4M).

Growth In December 2024, the decrease in Motor vehicles; parts and accessories (8701 to 8705)'s year-by-year exports was explained primarily by a decrease in exports to Argentina ($-9.94M or -10.7%), Uzbekistan ($-3.08M or -42%), and Poland ($-1.59M or -56.5%). In December 2024, the increase in Motor vehicles; parts and accessories (8701 to 8705)'s year-by-year imports was explained primarily by an increase in imports from Japan ($26.9M or 41.9%), China ($24.4M or 30.5%), and Sweden ($16.7M or 63.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2023 - December 2024)$-2.53M(-1.34%)

IMPORT GROWTH (December 2023 - December 2024)$118M(24.6%)

MAIN EXPORTER (December 2024)São Paulo$129M

MAIN DESTINATION (December 2024)Argentina$95.3M

This section shows Motor vehicles; parts and accessories (8701 to 8705)'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 Motor vehicles; parts and accessories (8701 to 8705) over time.

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