Motor-working Tools in Brazil 2020 Exports | Imports : $109M | $135M, World Rnk 15 / 193 Rnk 167 / 1202 | World Rnk 20 / 223 Rnk 225 / 1194
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $2.44M | $11.5M, Argentina | China
2020 ECONOMIC COMPLEXITY of Brazil: 0.44, Rnk 47 / 127
2020 PRODUCT COMPLEXITY IN Motor-working Tools: 1.37, Rnk 87 / 1029
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%).
December 2022
Overview In December 2022 Brazil's Motor-working Tools exports accounted up to $19M and imports accounted up to $30.4M, resulting in a negative trade balance of $11.4M. Between December 2021 and December 2022 the exports of Brazil's Motor-working Tools have decreased by $-3.45M (-15.4%) from $22.4M to $19M, while imports decreased by $-6.3M (-17.2%) from $36.7M to $30.4M.
Destinations In December 2022, Motor-working Tools were exported mostly to Colombia ($3.31M), Mexico ($2.24M), Argentina ($1.99M), Germany ($1.65M), and South Africa ($1.27M), and were imported mostly from China ($20.9M), United States ($1.9M), Germany ($1.88M), Japan ($855k), and Sweden ($716k).
Growth In December 2022, the decrease in Motor-working Tools's year-by-year exports was explained primarily by a decrease in exports to Colombia ($-1.31M or -80.6%), Peru ($-841k or -73%), and South Africa ($-285k or -23.5%). In December 2022, the decrease in Motor-working Tools's year-by-year imports was explained primarily by a decrease in imports from Malaysia ($-1.98M or -98.2%), United States ($-755k or -54%), and Belgium ($-211k or -81.2%).
EXPORT GROWTH (December 2021 - December 2022): $-3.45M, (-15.4%)
IMPORT GROWTH (December 2021 - December 2022): $-6.3M, (-17.2%)
MAIN EXPORTER (December 2022): Rio Grande Do Sul, $10.3M
MAIN DESTINATION (December 2022): Colombia, $3.31M
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.
For full datasets download visit Bulk Download page.
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).
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):
In 2020, Brazil's main exporting competitors in Motor-working Tools were:
In 2020, Brazil's main importing competitors in Motor-working Tools were:
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