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2022
Exports $71.8MWorld Rnk 30 / 187
Flag Rnk 278 / 1206
2022
Destination $7.38M United States
2021 - 2022
FASTEST GROWING MARKET $7.38MArgentina
2022
PRODUCT COMPLEXITY IN Rubberworking Machinery1.71Rnk 22 / 1025
2022
Imports $512MWorld Rnk 18 / 213
Flag Rnk 97 / 1198
2022
Origin $18.5M China
2021 - 2022
FASTEST GROWING ORIGIN $18.5MChina
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $71.8M in Rubberworking Machinery, making it the 30th largest exporter of Rubberworking Machinery in the world. At the same year, Rubberworking Machinery was the 278th most exported product in Brazil. The main destination of Rubberworking Machinery exports from Brazil are: United States ($18.1M), Argentina ($15.8M), United Kingdom ($5.09M), Mexico ($4.39M), and Chile ($3.92M).

The fastest growing export markets for Rubberworking Machinery of Brazil between 2021 and 2022 were Argentina ($7.38M), United States ($7.05M), and Mexico ($2.03M).

Imports In 2022, Brazil imported $512M in Rubberworking Machinery, becoming the 18th largest importer of Rubberworking Machinery in the world. At the same year, Rubberworking Machinery was the 97th most imported product in Brazil. Brazil imports Rubberworking Machinery primarily from: China ($189M), Germany ($68.9M), Italy ($51.2M), Austria ($40.5M), and Switzerland ($23.9M).

The fastest growing import markets in Rubberworking Machinery for Brazil between 2021 and 2022 were China ($18.5M), Switzerland ($13.7M), and Netherlands ($9.63M).

COMPANIES In 2023, leading companies such as John Deere (2) were at the forefront of shipping Rubberworking Machinery from Brazil to the United States.

Latest Trends

July 2024

About

Overview In July 2024 Brazil's Rubberworking Machinery exports accounted up to $2.77M and imports accounted up to $61.2M, resulting in a negative trade balance of $58.5M. Between July 2023 and July 2024 the exports of Brazil's   Rubberworking Machinery have decreased by $-1.7M (-38%) from $4.47M to $2.77M, while imports increased by $17.8M (41.1%) from $43.4M to $61.2M.

Destinations In July 2024, Rubberworking Machinery were exported mostly to United States ($728k), Mexico ($372k), Peru ($229k), Colombia ($216k), and Guatemala ($210k), and were imported mostly from China ($20M), Italy ($14.6M), Germany ($5.37M), Chinese Taipei ($5.27M), and Austria ($3.42M).

Growth In July 2024, the decrease in Rubberworking Machinery's year-by-year exports was explained primarily by a decrease in exports to Chile ($-885k or -97.6%), Costa Rica ($-97.7k or -83.1%), and Spain ($-74.2k or -78.2%). In July 2024, the increase in Rubberworking Machinery's year-by-year imports was explained primarily by an increase in imports from Italy ($5.59M or 238%), Chinese Taipei ($4.96M or 154%), and United States ($4.87M or 415%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-1.7M(-38%)
IMPORT GROWTH (July 2023 - July 2024)$17.8M(41.1%)
MAIN EXPORTER (July 2024)São Paulo$4.7M
MAIN DESTINATION (July 2024)United States$728k

This section shows Rubberworking Machinery'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 Rubberworking Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$71.8M
IMPORTS (2022)$512M
NET TRADE (2022)-$440M

In 2022, Brazil exported $71.8M in Rubberworking Machinery. The main destinations of Brazil exports on Rubberworking Machinery were United States ($18.1M), Argentina ($15.8M), United Kingdom ($5.09M), Mexico ($4.39M), and Chile ($3.92M).

In 2022, Brazil imported $512M in Rubberworking Machinery, mainly from China ($189M), Germany ($68.9M), Italy ($51.2M), Austria ($40.5M), and Switzerland ($23.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubberworking Machinery EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Argentina$7.38M (88.1%)
United States$7.05M (64%)
Mexico$2.03M (85.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubberworking Machinery BY Brazil WERE (2021 - 2022):
Peru-$2.79M (-51.2%)
France-$972k (-56.3%)
Italy-$742k (-93.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Rubberworking Machinery were:
China $7.21B
Germany $5.5B
Japan $2.29B
In 2022, Brazil's main importing competitors in Rubberworking Machinery were:
United States $4B
China $2.82B
Germany $1.66B

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Trade Value of Rubberworking Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $11.5M
TOP IMPORT POTENTIALChina+ $20.1M

Rubberworking Machinery’s highest export potential is United States. With an export gap of $11.5M.   Rubberworking Machinery’s highest import potential is China with an import gap of $20.1M.

See methodology.

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