HS Icon Motor-working Tools in  Flag Brazil

2020
Exports | Imports
: $109M | $135M, World Rnk 15 / 193
Flag Rnk 167 / 1202 | World Rnk 20 / 223
Flag Rnk 225 / 1194

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $2.44M | $11.5M, Argentina |  China


ECONOMIC COMPLEXITY of Brazil
: 0.44, Rnk 47 / 127


PRODUCT COMPLEXITY  IN Motor-working Tools
: 1.37, Rnk 81 / 1028

Exports In 2020, Brazil exported $109M in Motor-working Tools, making it the 15th largest exporter of Motor-working Tools in the world. At the same year, Motor-working Tools was the 167th most exported product in Brazil. The main destination of Motor-working Tools exports from Brazil are: Colombia ($13M), Mexico ($9.78M), Peru ($7.32M), India ($5.8M), and Argentina ($5.78M).

The fastest growing export markets for Motor-working Tools of Brazil between 2019 and 2020 were Argentina ($2.44M), Mexico ($2.3M), and Peru ($2.08M).

Imports In 2020, Brazil imported $135M 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 225th most imported product in Brazil. Brazil imports Motor-working Tools primarily from: China ($77.7M), United States ($15.4M), Germany ($13.7M), Sweden ($5.83M), and Japan ($3.36M).

The fastest growing import markets in Motor-working Tools for Brazil between 2019 and 2020 were China ($11.5M), Germany ($4.26M), and Sweden ($1.64M).

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%).

March 2022

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (March 2021 - March 2022): $10.3M, (67.1%)

IMPORT GROWTH (March 2021 - March 2022): $-11.3M, (-28.4%)

MAIN EXPORTER (March 2022): Rio Grande Do Sul, $15.6M

MAIN DESTINATION (March 2022): Argentina, $3.16M

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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Historical Data

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EXPORTS (2020): $109M

IMPORTS (2020): $135M

NET TRADE (2020): -$25.8M

In 2020, Brazil exported $109M in Motor-working Tools. The main destinations of Brazil exports on Motor-working Tools were Colombia ($13M), Mexico ($9.78M), Peru ($7.32M), India ($5.8M), and Argentina ($5.78M).

In 2020, Brazil imported $135M in Motor-working Tools, mainly from China ($77.7M), United States ($15.4M), Germany ($13.7M), Sweden ($5.83M), and Japan ($3.36M).

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IN 2020, Brazil HAD A POSITIVE NET TRADE IN Motor-working Tools WITH:

IN 2020, Brazil HAD A NEGATIVE NET TRADE IN Motor-working Tools WITH:

Flow

THE FASTEST GROWING Motor-working Tools EXPORT MARKETS FOR Brazil WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Motor-working Tools BY Brazil WERE (2019 - 2020):

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Market Concentration

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In 2019, Brazil's main exporting competitors in Motor-working Tools were:

In 2019, Brazil's main importing competitors in Motor-working Tools were:

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Tariffs by Country

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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%).