Rubberworking Machinery in Brazil | The Observatory of Economic Complexity

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 were at the forefront of shipping Rubberworking Machinery from Brazil to the United States.

Latest Trends

February 2024

About

Overview In February 2024 Brazil's Rubberworking Machinery exports accounted up to $5.49M and imports accounted up to $44.6M, resulting in a negative trade balance of $39.1M. Between February 2023 and February 2024 the exports of Brazil's Rubberworking Machinery have increased by $229k (4.35%) from $5.26M to $5.49M, while imports decreased by $-8.04M (-15.3%) from $52.6M to $44.6M.

Destinations In February 2024, Rubberworking Machinery were exported mostly to Argentina ($1.42M), United States ($1.31M), Peru ($1.26M), Costa Rica ($655k), and United Kingdom ($134k), and were imported mostly from China ($20.7M), Italy ($4.36M), Germany ($3.01M), Switzerland ($2.52M), and Austria ($2.19M).

Growth In February 2024, the increase in Rubberworking Machinery's year-by-year exports was explained primarily by an increase in exports to United States ($2.42M or 5.53k%), Peru ($825k or 2.6k%), and Mexico ($566k or 1.85k%). In February 2024, the decrease in Rubberworking Machinery's year-by-year imports was explained primarily by a decrease in imports from Canada ($-2.71M or -96.3%), Poland ($-2.43M or -87.4%), and Spain ($-902k or -93.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$229k(4.35%)

IMPORT GROWTH (February 2023 - February 2024)$-8.04M(-15.3%)

MAIN EXPORTER (February 2024)São Paulo$5.09M

MAIN DESTINATION (February 2024)Argentina$1.42M

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

Trade Value

Growth

Growth (%)

Year

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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