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2022
Exports $28.3MWorld Rnk 30 / 118
Flag Rnk 429 / 1206
2022
Destination $3.66M Paraguay
2021 - 2022
FASTEST GROWING MARKET $3.66MUnited States
2022
PRODUCT COMPLEXITY IN Aluminium Wire-0.75Rnk 770 / 1025
2022
Imports $65.7MWorld Rnk 26 / 195
Flag Rnk 399 / 1198
2022
Origin $4.92M Argentina
2021 - 2022
FASTEST GROWING ORIGIN $4.92MArgentina
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $28.3M in Aluminium Wire, making it the 30th largest exporter of Aluminium Wire in the world. At the same year, Aluminium Wire was the 429th most exported product in Brazil. The main destination of Aluminium Wire exports from Brazil are: Paraguay ($4.14M), United States ($3.73M), Ukraine ($3.29M), Uruguay ($3.19M), and Bolivia ($2.48M).

The fastest growing export markets for Aluminium Wire of Brazil between 2021 and 2022 were United States ($3.66M), Ukraine ($3.29M), and Uruguay ($2.29M).

Imports In 2022, Brazil imported $65.7M in Aluminium Wire, becoming the 26th largest importer of Aluminium Wire in the world. At the same year, Aluminium Wire was the 399th most imported product in Brazil. Brazil imports Aluminium Wire primarily from: Argentina ($30.2M), Bahrain ($11M), China ($10.2M), India ($6.05M), and Venezuela ($1.9M).

The fastest growing import markets in Aluminium Wire for Brazil between 2021 and 2022 were Argentina ($4.92M), Spain ($766k), and Turkey ($68.2k).

Latest Trends

July 2024

About

Overview In July 2024 Brazil's Aluminium Wire exports accounted up to $2.2M and imports accounted up to $8.27M, resulting in a negative trade balance of $6.07M. Between July 2023 and July 2024 the exports of Brazil's   Aluminium Wire have increased by $927k (72.9%) from $1.27M to $2.2M, while imports increased by $4.33M (110%) from $3.93M to $8.27M.

Destinations In July 2024, Aluminium Wire were exported mostly to Costa Rica ($729k), Colombia ($350k), Paraguay ($183k), Uruguay ($162k), and Bolivia ($158k), and were imported mostly from Argentina ($5.72M), China ($1.16M), Venezuela ($571k), India ($312k), and Spain ($171k).

Growth In July 2024, the increase in Aluminium Wire's year-by-year exports was explained primarily by an increase in exports to Bolivia ($112k or 32.8%), Mexico ($104k or 70.7k%), and Colombia ($34.4k or 20.1%). In July 2024, the increase in Aluminium Wire's year-by-year imports was explained primarily by an increase in imports from Spain ($249k or 52.7k%), Turkey ($89.1k or 1.76k%), and United States ($69.2k or 36.3k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$927k(72.9%)
IMPORT GROWTH (July 2023 - July 2024)$4.33M(110%)
MAIN EXPORTER (July 2024)São Paulo$1.96M
MAIN DESTINATION (July 2024)Costa Rica$729k

This section shows Aluminium Wire'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 Aluminium Wire over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$28.3M
IMPORTS (2022)$65.7M
NET TRADE (2022)-$37.4M

In 2022, Brazil exported $28.3M in Aluminium Wire. The main destinations of Brazil exports on Aluminium Wire were Paraguay ($4.14M), United States ($3.73M), Ukraine ($3.29M), Uruguay ($3.19M), and Bolivia ($2.48M).

In 2022, Brazil imported $65.7M in Aluminium Wire, mainly from Argentina ($30.2M), Bahrain ($11M), China ($10.2M), India ($6.05M), and Venezuela ($1.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Aluminium Wire EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
United States$3.66M (5.83k%)
Ukraine$3.29M (1%)
Uruguay$2.29M (253%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminium Wire BY Brazil WERE (2021 - 2022):
South Korea-$833k (-57.8%)
Costa Rica-$532k (-51.8%)
Mexico-$508k (-47.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Aluminium Wire were:
Bahrain $729M
Canada $702M
India $425M
In 2022, Brazil's main importing competitors in Aluminium Wire were:
United States $997M
Germany $405M
Netherlands $338M

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Trade Value of Aluminium Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.5M
TOP IMPORT POTENTIALIndia+ $3.16M

Aluminium Wire’s highest export potential is United States. With an export gap of $3.5M.   Aluminium Wire’s highest import potential is India with an import gap of $3.16M.

See methodology.

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