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Pricing

2022
Exports $34.6kWorld Rnk 53 / 111
Flag Rnk 1142 / 1206
2022
Destination $27.5k Hong Kong
2021 - 2022
FASTEST GROWING MARKET $27.5kHong Kong
2022
PRODUCT COMPLEXITY IN Watch Movements1.76Rnk 17 / 1025
2022
Imports $9.08MWorld Rnk 14 / 168
Flag Rnk 785 / 1198
2022
Origin $1.36M Japan
2021 - 2022
FASTEST GROWING ORIGIN $1.36MHong Kong
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $34.6k in Watch Movements, making it the 53rd largest exporter of Watch Movements in the world. At the same year, Watch Movements was the 1142nd most exported product in Brazil. The main destination of Watch Movements exports from Brazil are: Hong Kong ($29.9k), Switzerland ($4.44k), Austria ($240), and Portugal ($1).

The fastest growing export markets for Watch Movements of Brazil between 2021 and 2022 were Hong Kong ($27.5k), Austria ($240), and Portugal ($1).

Imports In 2022, Brazil imported $9.08M in Watch Movements, becoming the 14th largest importer of Watch Movements in the world. At the same year, Watch Movements was the 785th most imported product in Brazil. Brazil imports Watch Movements primarily from: Japan ($3.62M), Hong Kong ($3.42M), China ($1.23M), Switzerland ($411k), and Philippines ($189k).

The fastest growing import markets in Watch Movements for Brazil between 2021 and 2022 were Hong Kong ($1.36M), Switzerland ($151k), and Philippines ($116k).

COMPANIES In 2023, leading companies such as Dole Fresh Fruit (7) were at the forefront of shipping Watch Movements from Brazil to the United States.

Latest Trends

March 2024

About

Overview In March 2024 Brazil's Watch Movements exports accounted up to $50 and imports accounted up to $696k, resulting in a negative trade balance of $696k. Between February 2019 and March 2024 the exports of Brazil's   Watch Movements have decreased by $-304 (-85.9%) from $354 to $50, while imports decreased by $-80.2k (-10.3%) from $776k to $696k.

Destinations In March 2024, Watch Movements were exported mostly to , and were imported mostly from Japan ($254k), Hong Kong ($210k), China ($103k), Italy ($60k), and Malaysia ($35k).

Growth In March 2024, the decrease in Watch Movements's year-by-year exports was explained primarily by a decrease in exports to . In July 2024, the decrease in Watch Movements's year-by-year imports was explained primarily by a decrease in imports from Switzerland ($-20.6k or -51.3%), China ($-13.3k or -11.3%), and Hong Kong ($-5.59k or -1.64%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (February 2019 - March 2024)$-304(-85.9%)
IMPORT GROWTH (July 2023 - July 2024)$-80.2k(-10.3%)
MAIN EXPORTER (March 2024)São Paulo$883
MAIN DESTINATION (March 2024)

This section shows Watch Movements'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 Watch Movements over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$34.6k
IMPORTS (2022)$9.08M
NET TRADE (2022)-$9.04M

In 2022, Brazil exported $34.6k in Watch Movements. The main destinations of Brazil exports on Watch Movements were Hong Kong ($29.9k), Switzerland ($4.44k), Austria ($240), and Portugal ($1).

In 2022, Brazil imported $9.08M in Watch Movements, mainly from Japan ($3.62M), Hong Kong ($3.42M), China ($1.23M), Switzerland ($411k), and Philippines ($189k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Watch Movements EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Hong Kong$27.5k (1.14k%)
Austria$240 (1%)
Portugal$1 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Watch Movements BY Brazil WERE (2021 - 2022):
Switzerland-$13.2k (-74.9%)
Poland-$1.76k (-100%)
France-$1.08k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Watch Movements were:
Japan $354M
Switzerland $177M
China $102M
In 2022, Brazil's main importing competitors in Watch Movements were:
Hong Kong $427M
China $72.7M
Singapore $50.4M

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Trade Value of Watch Movements by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALHong Kong+ $11.3k
TOP IMPORT POTENTIALChina+ $372k

Watch Movements’s highest export potential is Hong Kong. With an export gap of $11.3k.   Watch Movements’s highest import potential is China with an import gap of $372k.

See methodology.

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