Motor-working Tools in Brazil 2019 Exports | Imports : $105M | $125M, World Rnk 13 / 202 Rnk 184 / 1199 | World Rnk 20 / 222 Rnk 237 / 1196
2018 - 2019 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $3.49M | $2.06M, Kenya | Hungary
2019 ECONOMIC COMPLEXITY of Brazil: 0.58, Rnk 44 / 147
2019 PRODUCT COMPLEXITY IN Motor-working Tools: 1.63, Rnk 34 / 1029
Exports In 2019, Brazil exported $105M in Motor-working Tools, making it the 13th largest exporter of Motor-working Tools in the world. At the same year, Motor-working Tools was the 184th most exported product in Brazil. The main destination of Motor-working Tools exports from Brazil are: Colombia ($11.5M), South Africa ($8.57M), Mexico ($7.47M), Kenya ($6.47M), and India ($6.07M).
The fastest growing export markets for Motor-working Tools of Brazil between 2018 and 2019 were Kenya ($3.49M), Mexico ($1.47M), and China ($887k).
Imports In 2019, Brazil imported $125M in Motor-working Tools, becoming the 20th largest importer of Motor-working Tools in the world. At the same year, Motor-working Tools was the 237th most imported product in Brazil. Brazil imports Motor-working Tools primarily from: China ($65.2M), United States ($14.3M), Germany ($9.72M), Japan ($5.52M), and Sweden ($4.43M).
The fastest growing import markets in Motor-working Tools for Brazil between 2018 and 2019 were Hungary ($2.06M), China ($1.85M), and France ($572k).
Tariffs In 2017, the average tariff for Brazil in Motor-working Tools was 15.6%. The countries with the highest import tariffs for Motor-working Tools were Cuba (Most Favoured Nation duty rate treatement, 19.1%), Panama (Most Favoured Nation duty rate treatement, 19.1%), Mexico (Most Favoured Nation duty rate treatement, 19%), Angola (Most Favoured Nation duty rate treatement, 16.1%), and Burundi (Most Favoured Nation duty rate treatement, 16.1%).
July 2021
Overview In July 2021 Brazil's Motor-working Tools exports accounted up to $19.5M and imports accounted up to $33.1M, resulting in a negative trade balance of $13.6M. Between July 2020 and July 2021 the exports of Brazil's Motor-working Tools have increased by $8.69M (80.2%) from $10.8M to $19.5M, while imports increased by $13.8M (71.1%) from $19.4M to $33.1M.
Destinations In July 2021, Motor-working Tools were exported mostly to Mexico ($3.08M), United States ($1.8M), Indonesia ($1.52M), Colombia ($1.23M), and China ($1.22M), and were imported mostly from China ($24M), Germany ($2.58M), United States ($1.35M), Malaysia ($829k), and Sweden ($678k).
Growth In July 2021, the increase in Motor-working Tools's year-by-year exports was explained primarily by an increase in exports to Mexico ($1.75M or 132%), United States ($1.56M or 636%), and Paraguay ($670k or 155%). In July 2021, the increase in Motor-working Tools's year-by-year imports was explained primarily by an increase in imports from China ($11.3M or 89.4%), Germany ($942k or 57.6%), and United States ($361k or 36.4%).
EXPORT GROWTH (July 2020 - July 2021): $8.69M, (80.2%)
IMPORT GROWTH (July 2020 - July 2021): $13.8M, (71.1%)
MAIN EXPORTER (July 2021): Rio Grande Do Sul, $11.9M
MAIN DESTINATION (July 2021): Mexico, $3.08M
This section shows Motor-working Tools'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-working Tools over time.
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EXPORTS (2019): $105M
IMPORTS (2019): $125M
NET TRADE (2019): -$19.5M
In 2019, Brazil exported $105M in Motor-working Tools. The main destinations of Brazil exports on Motor-working Tools were Colombia ($11.5M), South Africa ($8.57M), Mexico ($7.47M), Kenya ($6.47M), and India ($6.07M).
In 2019, Brazil imported $125M in Motor-working Tools, mainly from China ($65.2M), United States ($14.3M), Germany ($9.72M), Japan ($5.52M), and Sweden ($4.43M).
IN 2019, Brazil HAD A POSITIVE NET TRADE IN Motor-working Tools WITH:
IN 2019, Brazil HAD A NEGATIVE NET TRADE IN Motor-working Tools WITH:
THE FASTEST GROWING Motor-working Tools EXPORT MARKETS FOR Brazil WERE (2018 - 2019):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Motor-working Tools BY Brazil WERE (2018 - 2019):
In 2019, Brazil's main exporting competitors in Motor-working Tools were:
In 2019, Brazil's main importing competitors in Motor-working Tools were:
In 2017, the average tariff for Brazil in Motor-working Tools was 15.6%.
The countries with the highest tariffs for Motor-working Tools in Brazil were Cuba (Most Favoured Nation duty rate treatement, 19.1%), Panama (Most Favoured Nation duty rate treatement, 19.1%), Mexico (Most Favoured Nation duty rate treatement, 19%), Angola (Most Favoured Nation duty rate treatement, 16.1%), and Burundi (Most Favoured Nation duty rate treatement, 16.1%).