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2022
Exports $31.2MWorld Rnk 33 / 201
Flag Rnk 411 / 1206
2022
Destination $17M Argentina
2021 - 2022
FASTEST GROWING MARKET $17MArgentina
2022
PRODUCT COMPLEXITY IN Electric Soldering Equipment1.96Rnk 7 / 1025
2022
Imports $164MWorld Rnk 23 / 220
Flag Rnk 248 / 1198
2022
Origin $3.14M China
2021 - 2022
FASTEST GROWING ORIGIN $3.14MChina
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $31.2M in Electric Soldering Equipment, making it the 33rd largest exporter of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 411th most exported product in Brazil. The main destination of Electric Soldering Equipment exports from Brazil are: Argentina ($19.3M), United States ($2.19M), South Africa ($2.01M), Paraguay ($899k), and Sweden ($856k).

The fastest growing export markets for Electric Soldering Equipment of Brazil between 2021 and 2022 were Argentina ($17M), United States ($1.17M), and Sweden ($856k).

Imports In 2022, Brazil imported $164M in Electric Soldering Equipment, becoming the 23rd largest importer of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 248th most imported product in Brazil. Brazil imports Electric Soldering Equipment primarily from: China ($83.4M), Germany ($20.3M), Italy ($13.1M), United States ($10.1M), and Japan ($6.09M).

The fastest growing import markets in Electric Soldering Equipment for Brazil between 2021 and 2022 were China ($3.14M), Greece ($2.5M), and Belgium ($2.2M).

Latest Trends

October 2024

About

Overview In October 2024 Brazil's Electric Soldering Equipment exports accounted up to $1.96M and imports accounted up to $21M, resulting in a negative trade balance of $19.1M. Between October 2023 and October 2024 the exports of Brazil's   Electric Soldering Equipment have decreased by $-330k (-14.4%) from $2.29M to $1.96M, while imports increased by $4.36M (26.2%) from $16.7M to $21M.

Destinations In October 2024, Electric Soldering Equipment were exported mostly to Mexico ($745k), Argentina ($709k), South Africa ($122k), Paraguay ($118k), and Canada ($51.4k), and were imported mostly from China ($10.1M), Germany ($2.53M), United States ($2.03M), Italy ($1.72M), and South Korea ($1.58M).

Growth In October 2024, the decrease in Electric Soldering Equipment's year-by-year exports was explained primarily by a decrease in exports to Argentina ($-29.2k or -52.2%), Chile ($-28.7k or -97.1%), and Ecuador ($-7.6k or -84.7%). In October 2024, the increase in Electric Soldering Equipment's year-by-year imports was explained primarily by an increase in imports from Switzerland ($743k or 580%), Germany ($656k or 75.3%), and Japan ($578k or 101%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$-330k(-14.4%)
IMPORT GROWTH (October 2023 - October 2024)$4.36M(26.2%)
MAIN EXPORTER (October 2024)Minas Gerais$1.32M
MAIN DESTINATION (October 2024)Mexico$745k

This section shows Electric Soldering Equipment'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 Soldering Equipment over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$31.2M
IMPORTS (2022)$164M
NET TRADE (2022)-$133M

In 2022, Brazil exported $31.2M in Electric Soldering Equipment. The main destinations of Brazil exports on Electric Soldering Equipment were Argentina ($19.3M), United States ($2.19M), South Africa ($2.01M), Paraguay ($899k), and Sweden ($856k).

In 2022, Brazil imported $164M in Electric Soldering Equipment, mainly from China ($83.4M), Germany ($20.3M), Italy ($13.1M), United States ($10.1M), and Japan ($6.09M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Soldering Equipment EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Argentina$17M (734%)
United States$1.17M (114%)
Sweden$856k (367k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Soldering Equipment BY Brazil WERE (2021 - 2022):
Indonesia-$403k (-99.7%)
Russia-$280k (-100%)
Paraguay-$262k (-22.6%)
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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 Soldering Equipment were:
China $2.65B
Germany $2.39B
United States $1.09B
In 2022, Brazil's main importing competitors in Electric Soldering Equipment were:
United States $1.95B
China $965M
Germany $855M

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Trade Value of Electric Soldering Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.11M
TOP IMPORT POTENTIALGermany+ $7.47M

Electric Soldering Equipment’s highest export potential is United States. With an export gap of $3.11M.   Electric Soldering Equipment’s highest import potential is Germany with an import gap of $7.47M.

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