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Pricing

falsefalse Argentina
2021 - 2022
FASTEST GROWING MARKETfalseArgentina
2022
PRODUCT COMPLEXITY IN Padlocks0.82Rnk 236 / 1025
2022
ImportsfalseWorld Rnk 21 / 223
Flag Rnk 234 / 1198
2021 - 2022
FASTEST GROWING ORIGINfalseN/A
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported N/A in Padlocks, making it the 35th largest exporter of Padlocks in the world. At the same year, Padlocks was the 376th most exported product in Brazil. The main destination of Padlocks exports from Brazil are: Argentina ($15.1M), Paraguay ($5.47M), Bolivia ($3.65M), Uzbekistan ($3.5M), and United States ($1.88M).

The fastest growing export markets for Padlocks of Brazil between 2021 and 2022 were Argentina ($4.49M), Uzbekistan ($2.25M), and France ($621k).

Imports In 2022, Brazil imported $178M in Padlocks, becoming the 21st largest importer of Padlocks in the world. At the same year, Padlocks was the 234th most imported product in Brazil. Brazil imports Padlocks primarily from: China ($54.7M), Mexico ($22.8M), Italy ($13M), United States ($12.7M), and Thailand ($12.1M).

COMPANIES In 2023, leading companies such as GE RENEWABLES NORTH AMERICA LLC (1) were at the forefront of shipping Padlocks from Brazil to the United States.

Latest Trends

July 2024

About

Overview In July 2024 Brazil's Padlocks exports accounted up to $3.03M and imports accounted up to $18.8M, resulting in a negative trade balance of $15.8M. Between July 2023 and July 2024 the exports of Brazil's   Padlocks have decreased by $-880k (-22.5%) from $3.91M to $3.03M, while imports increased by $4.34M (30%) from $14.5M to $18.8M.

Destinations In July 2024, Padlocks were exported mostly to Argentina ($1.41M), Paraguay ($327k), Uzbekistan ($275k), United States ($210k), and Bolivia ($195k), and were imported mostly from China ($5.48M), Mexico ($2.39M), Vietnam ($1.76M), South Korea ($1.36M), and United States ($1.32M).

Growth In July 2024, the decrease in Padlocks's year-by-year exports was explained primarily by a decrease in exports to Uzbekistan ($-310k or -80.4%), Paraguay ($-141k or -28.7%), and Chile ($-64.1k or -69%). In July 2024, the increase in Padlocks's year-by-year imports was explained primarily by an increase in imports from Mexico ($2.39M or 232%), Vietnam ($555k or 36.8%), and India ($509k or 110%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-880k(-22.5%)
IMPORT GROWTH (July 2023 - July 2024)$4.34M(30%)
MAIN EXPORTER (July 2024)São Paulo$2.47M
MAIN DESTINATION (July 2024)Argentina$1.41M

This section shows Padlocks'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 Padlocks over time.

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Historical Data

Trade Balance

Color
IMPORTS (2022)$178M

In N/A, Brazil exported N/A in Padlocks. The main destinations of Brazil exports on Padlocks were Argentina ($15.1M), Paraguay ($5.47M), Bolivia ($3.65M), Uzbekistan ($3.5M), and United States ($1.88M).

In 2022, Brazil imported $178M in Padlocks, mainly from China ($54.7M), Mexico ($22.8M), Italy ($13M), United States ($12.7M), and Thailand ($12.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Padlocks EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Argentina$4.49M (42.2%)
Uzbekistan$2.25M (180%)
France$621k (115%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Padlocks BY Brazil WERE (2021 - 2022):
Bolivia-$845k (-18.8%)
Paraguay-$419k (-7.12%)
China-$53.5k (-85.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Padlocks were:
China $5.34B
Germany $1.37B
Mexico $1.27B
In 2022, Brazil's main importing competitors in Padlocks were:
United States $3.22B
Germany $1.14B
Mexico $800M

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Trade Value of Padlocks by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.44M
TOP IMPORT POTENTIALChina+ $18.4M

Padlocks’s highest export potential is United States. With an export gap of $3.44M.   Padlocks’s highest import potential is China with an import gap of $18.4M.

See methodology.

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