Other Engines in Brazil | The Observatory of Economic Complexity

About

Exports In 2022, Brazil exported $80.3M in Other Engines, making it the 36th largest exporter of Other Engines in the world. At the same year, Other Engines was the 267th most exported product in Brazil. The main destination of Other Engines exports from Brazil are: United States ($27.6M), Argentina ($10M), Colombia ($6.39M), Chile ($4.4M), and Peru ($3.8M).

The fastest growing export markets for Other Engines of Brazil between 2021 and 2022 were Colombia ($4.95M), Argentina ($3.63M), and United Kingdom ($1.67M).

Imports In 2022, Brazil imported $691M in Other Engines, becoming the 9th largest importer of Other Engines in the world. At the same year, Other Engines was the 75th most imported product in Brazil. Brazil imports Other Engines primarily from: United States ($207M), China ($106M), Japan ($80.2M), India ($66.5M), and Germany ($62.4M).

The fastest growing import markets in Other Engines for Brazil between 2021 and 2022 were India ($42.2M), United States ($36.6M), and Japan ($23.5M).

COMPANIES In 2023, leading companies such as STIHL INCORPORATED (117) and CNH INDUSTRIAL AMERICA LLC (80) were at the forefront of shipping Other Engines from Brazil to the United States.

Latest Trends

February 2024

About

Overview In February 2024 Brazil's Other Engines exports accounted up to $6.08M and imports accounted up to $38.2M, resulting in a negative trade balance of $32.1M. Between February 2023 and February 2024 the exports of Brazil's Other Engines have increased by $951k (18.6%) from $5.12M to $6.08M, while imports decreased by $-4.59M (-10.7%) from $42.8M to $38.2M.

Destinations In February 2024, Other Engines were exported mostly to United States ($2.89M), Argentina ($615k), Peru ($343k), Germany ($298k), and Paraguay ($212k), and were imported mostly from United States ($10.5M), Germany ($5.11M), China ($5.07M), Japan ($2.12M), and India ($1.91M).

Growth In February 2024, the increase in Other Engines's year-by-year exports was explained primarily by an increase in exports to United States ($707k or 56.1%), Peru ($337k or 244%), and Mexico ($210k or 164%). In February 2024, the decrease in Other Engines's year-by-year imports was explained primarily by a decrease in imports from South Korea ($-931k or -27%), Singapore ($-535k or -99.4%), and France ($-527k or -31.1%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$951k(18.6%)

IMPORT GROWTH (February 2023 - February 2024)$-4.59M(-10.7%)

MAIN EXPORTER (February 2024)São Paulo$3.77M

MAIN DESTINATION (February 2024)United States$2.89M

This section shows Other Engines'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 Other Engines over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$80.3M

IMPORTS (2022)$691M

NET TRADE (2022)-$611M

In 2022, Brazil exported $80.3M in Other Engines. The main destinations of Brazil exports on Other Engines were United States ($27.6M), Argentina ($10M), Colombia ($6.39M), Chile ($4.4M), and Peru ($3.8M).

In 2022, Brazil imported $691M in Other Engines, mainly from United States ($207M), China ($106M), Japan ($80.2M), India ($66.5M), and Germany ($62.4M).

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