Base Metal Watches in Brazil | The Observatory of Economic Complexity

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Exports In 2022, Brazil exported $893k in Base Metal Watches, making it the 80th largest exporter of Base Metal Watches in the world. At the same year, Base Metal Watches was the 920th most exported product in Brazil. The main destination of Base Metal Watches exports from Brazil are: Portugal ($249k), Hong Kong ($163k), United States ($145k), Switzerland ($138k), and Panama ($29.4k).

The fastest growing export markets for Base Metal Watches of Brazil between 2021 and 2022 were Hong Kong ($141k), Israel ($27.2k), and Panama ($25.7k).

Imports In 2022, Brazil imported $53.6M in Base Metal Watches, becoming the 49th largest importer of Base Metal Watches in the world. At the same year, Base Metal Watches was the 440th most imported product in Brazil. Brazil imports Base Metal Watches primarily from: Switzerland ($31.4M), China ($8.75M), United States ($4.47M), Japan ($2.64M), and Thailand ($1.67M).

The fastest growing import markets in Base Metal Watches for Brazil between 2021 and 2022 were Switzerland ($6.05M), United States ($3.04M), and Japan ($1.51M).

Latest Trends

April 2024

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Overview In April 2024 Brazil's Base Metal Watches exports accounted up to $95.9k and imports accounted up to $5.16M, resulting in a negative trade balance of $5.06M. Between April 2023 and April 2024 the exports of Brazil's Base Metal Watches have increased by $65k (210%) from $30.9k to $95.9k, while imports increased by $1.66M (47.2%) from $3.5M to $5.16M.

Destinations In April 2024, Base Metal Watches were exported mostly to Switzerland ($66.7k), Japan ($14.3k), Portugal ($13.1k), United States ($1.13k), and Bolivia ($593), and were imported mostly from Switzerland ($3.32M), China ($978k), Thailand ($216k), Japan ($201k), and United States ($168k).

Growth In April 2024, the increase in Base Metal Watches's year-by-year exports was explained primarily by an increase in exports to Portugal ($4.47k or 39.7%) and United States ($38 or 0.76%). In April 2024, the increase in Base Metal Watches's year-by-year imports was explained primarily by an increase in imports from China ($152k or 41.8%), Italy ($12.5k or 11.7k%), and Malaysia ($2.03k or 117%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (April 2023 - April 2024)$65k(210%)

IMPORT GROWTH (April 2023 - April 2024)$1.66M(47.2%)

MAIN EXPORTER (April 2024)São Paulo$81.1k

MAIN DESTINATION (April 2024)Switzerland$66.7k

This section shows Base Metal Watches'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 Base Metal Watches over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$893k

IMPORTS (2022)$53.6M

NET TRADE (2022)-$52.7M

In 2022, Brazil exported $893k in Base Metal Watches. The main destinations of Brazil exports on Base Metal Watches were Portugal ($249k), Hong Kong ($163k), United States ($145k), Switzerland ($138k), and Panama ($29.4k).

In 2022, Brazil imported $53.6M in Base Metal Watches, mainly from Switzerland ($31.4M), China ($8.75M), United States ($4.47M), Japan ($2.64M), and Thailand ($1.67M).

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