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2022
Exports $16.2MWorld Rnk 50 / 192
Flag Rnk 519 / 1206
2022
Destination $1.33M Argentina
2021 - 2022
FASTEST GROWING MARKET $1.33MArgentina
2022
PRODUCT COMPLEXITY IN Packing Bags-1.76Rnk 978 / 1025
2022
Imports $14.3MWorld Rnk 70 / 223
Flag Rnk 700 / 1198
2022
Origin $163k India
2021 - 2022
FASTEST GROWING ORIGIN $163kTurkey
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $16.2M in Packing Bags, making it the 50th largest exporter of Packing Bags in the world. At the same year, Packing Bags was the 519th most exported product in Brazil. The main destination of Packing Bags exports from Brazil are: Argentina ($4.43M), Paraguay ($2.74M), Uruguay ($2.29M), Cuba ($1.39M), and Gambia ($862k).

The fastest growing export markets for Packing Bags of Brazil between 2021 and 2022 were Argentina ($1.33M), Cuba ($724k), and Nicaragua ($577k).

Imports In 2022, Brazil imported $14.3M in Packing Bags, becoming the 70th largest importer of Packing Bags in the world. At the same year, Packing Bags was the 700th most imported product in Brazil. Brazil imports Packing Bags primarily from: India ($4.14M), China ($3.24M), United States ($1.69M), Paraguay ($1.29M), and Mexico ($972k).

The fastest growing import markets in Packing Bags for Brazil between 2021 and 2022 were Turkey ($163k), United States ($160k), and Spain ($125k).

COMPANIES In 2023, leading companies such as Gallo Family Vineyards (2) were at the forefront of shipping Packing Bags from Brazil to the United States.

Latest Trends

July 2024

About

Overview In July 2024 Brazil's Packing Bags exports accounted up to $1.46M and imports accounted up to $1.83M, resulting in a negative trade balance of $369k. Between July 2023 and July 2024 the exports of Brazil's   Packing Bags have increased by $55.7k (3.96%) from $1.41M to $1.46M, while imports increased by $895k (95.7%) from $936k to $1.83M.

Destinations In July 2024, Packing Bags were exported mostly to Senegal ($408k), Paraguay ($393k), Argentina ($295k), Uruguay ($256k), and South Africa ($28k), and were imported mostly from India ($1.33M), China ($143k), Paraguay ($116k), Mexico ($106k), and Indonesia ($41.2k).

Growth In July 2024, the increase in Packing Bags's year-by-year exports was explained primarily by an increase in exports to Paraguay ($118k or 18k%), Peru ($50k or 411%), and Uruguay ($12.2k or 17.9%). In July 2024, the increase in Packing Bags's year-by-year imports was explained primarily by an increase in imports from Italy ($970 or 22.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$55.7k(3.96%)
IMPORT GROWTH (July 2023 - July 2024)$895k(95.7%)
MAIN EXPORTER (July 2024)Rio Grande Do Sul$651k
MAIN DESTINATION (July 2024)Senegal$408k

This section shows Packing Bags'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 Packing Bags over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$16.2M
IMPORTS (2022)$14.3M
NET TRADE (2022)$1.89M

In 2022, Brazil exported $16.2M in Packing Bags. The main destinations of Brazil exports on Packing Bags were Argentina ($4.43M), Paraguay ($2.74M), Uruguay ($2.29M), Cuba ($1.39M), and Gambia ($862k).

In 2022, Brazil imported $14.3M in Packing Bags, mainly from India ($4.14M), China ($3.24M), United States ($1.69M), Paraguay ($1.29M), and Mexico ($972k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Packing Bags EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Argentina$1.33M (42.8%)
Cuba$724k (108%)
Nicaragua$577k (273%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packing Bags BY Brazil WERE (2021 - 2022):
Canada-$342k (-37.6%)
Venezuela-$285k (-74.5%)
Chile-$134k (-96.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Packing Bags were:
China $1.74B
India $1.39B
Vietnam $639M
In 2022, Brazil's main importing competitors in Packing Bags were:
United States $894M
Japan $472M
Germany $351M

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Trade Value of Packing Bags by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $987k
TOP IMPORT POTENTIALIndia+ $2.78M

Packing Bags’s highest export potential is United States. With an export gap of $987k.   Packing Bags’s highest import potential is India with an import gap of $2.78M.

See methodology.

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