Cranes in Brazil | The Observatory of Economic Complexity

About

Exports In 2022, Brazil exported $42.5M in Cranes, making it the 35th largest exporter of Cranes in the world. At the same year, Cranes was the 358th most exported product in Brazil. The main destination of Cranes exports from Brazil are: Argentina ($16.6M), Chile ($8.48M), Uruguay ($4.11M), Peru ($2.31M), and Angola ($2.19M).

The fastest growing export markets for Cranes of Brazil between 2021 and 2022 were Argentina ($6.61M), Angola ($1.31M), and Peru ($862k).

Imports In 2022, Brazil imported $160M in Cranes, becoming the 31st largest importer of Cranes in the world. At the same year, Cranes was the 251st most imported product in Brazil. Brazil imports Cranes primarily from: China ($53.2M), Germany ($41.2M), Austria ($11.1M), South Korea ($10.6M), and United States ($7.33M).

The fastest growing import markets in Cranes for Brazil between 2021 and 2022 were China ($34.6M), Germany ($13.3M), and South Korea ($10.4M).

COMPANIES In 2023, leading companies such as Goodyear Tire and Rubber (6) and Schindler Elevators (2) were at the forefront of shipping Cranes from Brazil to the United States.

Latest Trends

July 2024

About

Overview In July 2024 Brazil's Cranes exports accounted up to $7.63M and imports accounted up to $13M, resulting in a negative trade balance of $5.33M. Between July 2023 and July 2024 the exports of Brazil's Cranes have increased by $4.69M (159%) from $2.94M to $7.63M, while imports increased by $2.29M (21.5%) from $10.7M to $13M.

Destinations In July 2024, Cranes were exported mostly to Chile ($4.77M), Argentina ($1.2M), United States ($468k), Mexico ($379k), and Uruguay ($237k), and were imported mostly from China ($6.32M), Finland ($2.45M), Spain ($1.73M), Germany ($1.47M), and United States ($431k).

Growth In July 2024, the increase in Cranes's year-by-year exports was explained primarily by an increase in exports to Philippines ($130k or 407%) and Ecuador ($61.3k or 127%). In July 2024, the increase in Cranes's year-by-year imports was explained primarily by an increase in imports from United States ($1.77M or 1.09k%) and Netherlands ($385k or 92k%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (July 2023 - July 2024)$4.69M(159%)

IMPORT GROWTH (July 2023 - July 2024)$2.29M(21.5%)

MAIN EXPORTER (July 2024)São Paulo$4.56M

MAIN DESTINATION (July 2024)Chile$4.77M

This section shows Cranes'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 Cranes over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$42.5M

IMPORTS (2022)$160M

NET TRADE (2022)-$118M

In 2022, Brazil exported $42.5M in Cranes. The main destinations of Brazil exports on Cranes were Argentina ($16.6M), Chile ($8.48M), Uruguay ($4.11M), Peru ($2.31M), and Angola ($2.19M).

In 2022, Brazil imported $160M in Cranes, mainly from China ($53.2M), Germany ($41.2M), Austria ($11.1M), South Korea ($10.6M), and United States ($7.33M).

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