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2022
Exports $2.91MWorld Rnk 36 / 166
Flag Rnk 783 / 1206
2022
Destination $68.6k United States
2021 - 2022
FASTEST GROWING MARKET $68.6kGermany
2022
PRODUCT COMPLEXITY IN Musical Instrument Parts1.19Rnk 106 / 1025
2022
Imports $16.5MWorld Rnk 23 / 204
Flag Rnk 679 / 1198
2022
Origin $1.44M China
2021 - 2022
FASTEST GROWING ORIGIN $1.44MChina
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $2.91M in Musical Instrument Parts, making it the 36th largest exporter of Musical Instrument Parts in the world. At the same year, Musical Instrument Parts was the 783rd most exported product in Brazil. The main destination of Musical Instrument Parts exports from Brazil are: United States ($823k), Germany ($370k), Portugal ($226k), Japan ($172k), and Netherlands ($162k).

The fastest growing export markets for Musical Instrument Parts of Brazil between 2021 and 2022 were Germany ($68.6k), Portugal ($52.8k), and Chinese Taipei ($46.2k).

Imports In 2022, Brazil imported $16.5M in Musical Instrument Parts, becoming the 23rd largest importer of Musical Instrument Parts in the world. At the same year, Musical Instrument Parts was the 679th most imported product in Brazil. Brazil imports Musical Instrument Parts primarily from: China ($8.03M), United States ($4.75M), Chinese Taipei ($857k), France ($511k), and Malaysia ($367k).

The fastest growing import markets in Musical Instrument Parts for Brazil between 2021 and 2022 were China ($1.44M), United States ($1.22M), and Chinese Taipei ($176k).

COMPANIES In 2023, leading companies such as DAVID OPPENHEIMER CO. (4) were at the forefront of shipping Musical Instrument Parts from Brazil to the United States.

Latest Trends

July 2024

About

Overview In July 2024 Brazil's Musical Instrument Parts exports accounted up to $396k and imports accounted up to $1.54M, resulting in a negative trade balance of $1.14M. Between July 2023 and July 2024 the exports of Brazil's   Musical Instrument Parts have increased by $176k (80.2%) from $220k to $396k, while imports increased by $250k (19.5%) from $1.29M to $1.54M.

Destinations In July 2024, Musical Instrument Parts were exported mostly to United States ($215k), Germany ($47.4k), Belgium ($38.2k), Portugal ($36.7k), and Spain ($22.3k), and were imported mostly from China ($696k), United States ($470k), Chinese Taipei ($62k), Malaysia ($49.7k), and France ($45.6k).

Growth In July 2024, the increase in Musical Instrument Parts's year-by-year exports was explained primarily by an increase in exports to Germany ($57.9k or 261%), Italy ($1.79k or 116%), and Panama ($53 or 530%). In July 2024, the increase in Musical Instrument Parts's year-by-year imports was explained primarily by an increase in imports from United States ($161k or 105%), Japan ($33.4k or 191%), and South Korea ($13.3k or 84.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$176k(80.2%)
IMPORT GROWTH (July 2023 - July 2024)$250k(19.5%)
MAIN EXPORTER (July 2024)Espírito Santo$304k
MAIN DESTINATION (July 2024)United States$215k

This section shows Musical Instrument Parts'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 Musical Instrument Parts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.91M
IMPORTS (2022)$16.5M
NET TRADE (2022)-$13.6M

In 2022, Brazil exported $2.91M in Musical Instrument Parts. The main destinations of Brazil exports on Musical Instrument Parts were United States ($823k), Germany ($370k), Portugal ($226k), Japan ($172k), and Netherlands ($162k).

In 2022, Brazil imported $16.5M in Musical Instrument Parts, mainly from China ($8.03M), United States ($4.75M), Chinese Taipei ($857k), France ($511k), and Malaysia ($367k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Musical Instrument Parts EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Germany$68.6k (22.7%)
Portugal$52.8k (30.6%)
Chinese Taipei$46.2k (132%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Musical Instrument Parts BY Brazil WERE (2021 - 2022):
United States-$843k (-50.6%)
Belgium-$175k (-56.5%)
Japan-$97.8k (-36.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Musical Instrument Parts were:
China $367M
United States $290M
Germany $217M
In 2022, Brazil's main importing competitors in Musical Instrument Parts were:
United States $309M
Germany $168M
China $160M

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Trade Value of Musical Instrument Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $545k
TOP IMPORT POTENTIALChina+ $781k

Musical Instrument Parts’s highest export potential is United States. With an export gap of $545k.   Musical Instrument Parts’s highest import potential is China with an import gap of $781k.

See methodology.

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