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2022
Exports $192MWorld Rnk 35 / 209
Flag Rnk 142 / 1206
2022
Destination $29.9M Argentina
2021 - 2022
FASTEST GROWING MARKET $29.9MArgentina
2022
PRODUCT COMPLEXITY IN Electric Batteries1.02Rnk 164 / 1025
2022
Imports $747MWorld Rnk 31 / 225
Flag Rnk 68 / 1198
2022
Origin $95M China
2021 - 2022
FASTEST GROWING ORIGIN $95MChina
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $192M in Electric Batteries, making it the 35th largest exporter of Electric Batteries in the world. At the same year, Electric Batteries was the 142nd most exported product in Brazil. The main destination of Electric Batteries exports from Brazil are: Argentina ($98.7M), Paraguay ($22.5M), Uruguay ($15.2M), United States ($7.99M), and Bolivia ($6.73M).

The fastest growing export markets for Electric Batteries of Brazil between 2021 and 2022 were Argentina ($29.9M), Uruguay ($3.22M), and Canada ($1.11M).

Imports In 2022, Brazil imported $747M in Electric Batteries, becoming the 31st largest importer of Electric Batteries in the world. At the same year, Electric Batteries was the 68th most imported product in Brazil. Brazil imports Electric Batteries primarily from: China ($492M), Vietnam ($52.5M), Japan ($39.8M), United States ($39.5M), and Germany ($19.8M).

The fastest growing import markets in Electric Batteries for Brazil between 2021 and 2022 were China ($95M), United States ($9.67M), and South Korea ($6.14M).

COMPANIES In 2023, leading companies such as Bridgestone Tires (22), Stihl (20), and SAC (Société des alcools du Québec) (8) were at the forefront of shipping Electric Batteries from Brazil to the United States.

Latest Trends

July 2024

About

Overview In July 2024 Brazil's Electric Batteries exports accounted up to $18.2M and imports accounted up to $67.7M, resulting in a negative trade balance of $49.5M. Between July 2023 and July 2024 the exports of Brazil's   Electric Batteries have increased by $3.8M (26.4%) from $14.4M to $18.2M, while imports increased by $6.65M (10.9%) from $61M to $67.7M.

Destinations In July 2024, Electric Batteries were exported mostly to Argentina ($7.75M), Paraguay ($3.17M), Uruguay ($1.87M), Bolivia ($930k), and United States ($756k), and were imported mostly from China ($46.6M), Japan ($4.64M), Germany ($4.34M), Vietnam ($2.76M), and United States ($2.47M).

Growth In July 2024, the increase in Electric Batteries's year-by-year exports was explained primarily by an increase in exports to Venezuela ($412k or 202%), Cuba ($79k or 59.4%), and Ecuador ($63k or 102k%). In July 2024, the increase in Electric Batteries's year-by-year imports was explained primarily by an increase in imports from China ($7.53M or 19.7%), Vietnam ($1.45M or 40.6%), and Germany ($971k or 54.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$3.8M(26.4%)
IMPORT GROWTH (July 2023 - July 2024)$6.65M(10.9%)
MAIN EXPORTER (July 2024)São Paulo$8.51M
MAIN DESTINATION (July 2024)Argentina$7.75M

This section shows Electric Batteries'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 Electric Batteries over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$192M
IMPORTS (2022)$747M
NET TRADE (2022)-$556M

In 2022, Brazil exported $192M in Electric Batteries. The main destinations of Brazil exports on Electric Batteries were Argentina ($98.7M), Paraguay ($22.5M), Uruguay ($15.2M), United States ($7.99M), and Bolivia ($6.73M).

In 2022, Brazil imported $747M in Electric Batteries, mainly from China ($492M), Vietnam ($52.5M), Japan ($39.8M), United States ($39.5M), and Germany ($19.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Batteries EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Argentina$29.9M (43.4%)
Uruguay$3.22M (27%)
Canada$1.11M (64.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Batteries BY Brazil WERE (2021 - 2022):
United States-$19.1M (-70.5%)
Chile-$7.23M (-63.1%)
Venezuela-$3.11M (-65%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Electric Batteries were:
China $58.7B
South Korea $9.71B
Poland $9.55B
In 2022, Brazil's main importing competitors in Electric Batteries were:
United States $23.2B
Germany $20.3B
South Korea $6.08B

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Trade Value of Electric Batteries by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $16.7M
TOP IMPORT POTENTIALChina+ $125M

Electric Batteries’s highest export potential is United States. With an export gap of $16.7M.   Electric Batteries’s highest import potential is China with an import gap of $125M.

See methodology.

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