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2022
Exports $1.79BWorld Rnk 13 / 167
Flag Rnk 28 / 1206
2022
Destination $99.6M United States
2021 - 2022
FASTEST GROWING MARKET $99.6MChile
2022
PRODUCT COMPLEXITY IN Tractors0.95Rnk 194 / 1025
2022
Imports $367MWorld Rnk 37 / 215
Flag Rnk 133 / 1198
2022
Origin $41.5M United States
2021 - 2022
FASTEST GROWING ORIGIN $41.5MChina
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $1.79B in Tractors, making it the 13th largest exporter of Tractors in the world. At the same year, Tractors was the 28th most exported product in Brazil. The main destination of Tractors exports from Brazil are: United States ($483M), Chile ($327M), Argentina ($219M), Peru ($127M), and Colombia ($118M).

The fastest growing export markets for Tractors of Brazil between 2021 and 2022 were Chile ($99.6M), Colombia ($66.5M), and United States ($54.8M).

Imports In 2022, Brazil imported $367M in Tractors, becoming the 37th largest importer of Tractors in the world. At the same year, Tractors was the 133rd most imported product in Brazil. Brazil imports Tractors primarily from: United States ($105M), India ($81.7M), Germany ($68.1M), China ($44.2M), and France ($20M).

The fastest growing import markets in Tractors for Brazil between 2021 and 2022 were China ($41.5M), India ($32.3M), and Germany ($22M).

COMPANIES In 2023, leading companies such as John Deere (99), Pacific Trellis Fruit (5), and CNH Industrial (4) were at the forefront of shipping Tractors from Brazil to the United States.

Latest Trends

September 2024

About

Overview In September 2024 Brazil's Tractors exports accounted up to $135M and imports accounted up to $59.4M, resulting in a positive trade balance of $75.4M. Between September 2023 and September 2024 the exports of Brazil's   Tractors have decreased by $-9.86M (-6.82%) from $145M to $135M, while imports increased by $7.9M (15.3%) from $51.5M to $59.4M.

Destinations In September 2024, Tractors were exported mostly to Argentina ($60.8M), Chile ($19.6M), Peru ($14.3M), South Africa ($8.93M), and Uruguay ($6.42M), and were imported mostly from United States ($37.4M), India ($8.22M), Germany ($3.38M), China ($3.29M), and Sweden ($2.59M).

Growth In September 2024, the decrease in Tractors's year-by-year exports was explained primarily by a decrease in exports to Argentina ($-8.97M or -73%), Peru ($-2.89M or -33%), and Tanzania ($-2.87M or -94.2%). In September 2024, the increase in Tractors's year-by-year imports was explained primarily by an increase in imports from United States ($9.47M or 1.29k%), Finland ($6.36M or 649%), and China ($4.72M or 4.57k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$-9.86M(-6.82%)
IMPORT GROWTH (September 2023 - September 2024)$7.9M(15.3%)
MAIN EXPORTER (September 2024)São Paulo$78.5M
MAIN DESTINATION (September 2024)Argentina$60.8M

This section shows Tractors'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 Tractors over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.79B
IMPORTS (2022)$367M
NET TRADE (2022)$1.43B

In 2022, Brazil exported $1.79B in Tractors. The main destinations of Brazil exports on Tractors were United States ($483M), Chile ($327M), Argentina ($219M), Peru ($127M), and Colombia ($118M).

In 2022, Brazil imported $367M in Tractors, mainly from United States ($105M), India ($81.7M), Germany ($68.1M), China ($44.2M), and France ($20M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tractors EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Chile$99.6M (43.9%)
Colombia$66.5M (129%)
United States$54.8M (12.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tractors BY Brazil WERE (2021 - 2022):
Argentina-$36.7M (-14.4%)
South Africa-$25.8M (-19.2%)
Kenya-$5.43M (-25.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Tractors were:
Germany $11.1B
Netherlands $6.32B
United States $5.65B
In 2022, Brazil's main importing competitors in Tractors were:
United States $8.01B
Canada $4.59B
France $4.06B

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Trade Value of Tractors by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $110M
TOP IMPORT POTENTIALGermany+ $28.4M

Tractors’s highest export potential is United States. With an export gap of $110M.   Tractors’s highest import potential is Germany with an import gap of $28.4M.

See methodology.

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