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2022
Exports $4.08MWorld Rnk 47 / 188
Flag Rnk 728 / 1206
2022
Destination $1.35M Japan
2021 - 2022
FASTEST GROWING MARKET $1.35MJapan
2022
PRODUCT COMPLEXITY IN Electrical Parts-1.06Rnk 849 / 1025
2022
Imports $18.3MWorld Rnk 33 / 212
Flag Rnk 662 / 1198
2022
Origin $443k China
2021 - 2022
FASTEST GROWING ORIGIN $443kRomania
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $4.08M in Electrical Parts, making it the 47th largest exporter of Electrical Parts in the world. At the same year, Electrical Parts was the 728th most exported product in Brazil. The main destination of Electrical Parts exports from Brazil are: Japan ($2.31M), Argentina ($641k), Chile ($452k), United States ($236k), and Colombia ($225k).

The fastest growing export markets for Electrical Parts of Brazil between 2021 and 2022 were Japan ($1.35M), Chile ($390k), and Estonia ($54.1k).

Imports In 2022, Brazil imported $18.3M in Electrical Parts, becoming the 33rd largest importer of Electrical Parts in the world. At the same year, Electrical Parts was the 662nd most imported product in Brazil. Brazil imports Electrical Parts primarily from: China ($13.8M), United States ($1.43M), South Korea ($826k), Romania ($461k), and Italy ($411k).

The fastest growing import markets in Electrical Parts for Brazil between 2021 and 2022 were Romania ($443k), Italy ($307k), and United States ($224k).

Latest Trends

November 2024

About

Overview In November 2024 Brazil's Electrical Parts exports accounted up to $121k and imports accounted up to $376k, resulting in a negative trade balance of $254k. Between November 2023 and November 2024 the exports of Brazil's   Electrical Parts have decreased by $-33.5k (-21.7%) from $155k to $121k, while imports increased by $178k (89.9%) from $198k to $376k.

Destinations In November 2024, Electrical Parts were exported mostly to Argentina ($41k), Chile ($38.7k), Colombia ($37.9k), United States ($1.32k), and Malta ($1.09k), and were imported mostly from China ($213k), Germany ($59.8k), Spain ($30.1k), Romania ($24.1k), and Italy ($19.8k).

Growth In November 2024, the decrease in Electrical Parts's year-by-year exports was explained primarily by a decrease in exports to Argentina ($-23.9k or -73.4%), Chile ($-3.71k or -9.4%), and United States ($-54 or -0.33%). In November 2024, the increase in Electrical Parts's year-by-year imports was explained primarily by an increase in imports from United Kingdom ($6.05k or 4.23k%) and United States ($869 or 28.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-33.5k(-21.7%)
IMPORT GROWTH (November 2023 - November 2024)$178k(89.9%)
MAIN EXPORTER (November 2024)São Paulo$314k
MAIN DESTINATION (November 2024)Argentina$41k

This section shows Electrical Parts'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 Electrical Parts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.08M
IMPORTS (2022)$18.3M
NET TRADE (2022)-$14.3M

In 2022, Brazil exported $4.08M in Electrical Parts. The main destinations of Brazil exports on Electrical Parts were Japan ($2.31M), Argentina ($641k), Chile ($452k), United States ($236k), and Colombia ($225k).

In 2022, Brazil imported $18.3M in Electrical Parts, mainly from China ($13.8M), United States ($1.43M), South Korea ($826k), Romania ($461k), and Italy ($411k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Parts EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Japan$1.35M (140%)
Chile$390k (626%)
Estonia$54.1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Parts BY Brazil WERE (2021 - 2022):
Vietnam-$1.07M (-100%)
Argentina-$628k (-49.5%)
United States-$422k (-64.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Electrical Parts were:
China $3.15B
Japan $785M
United States $341M
In 2022, Brazil's main importing competitors in Electrical Parts were:
Hong Kong $1.2B
Vietnam $1.19B
China $858M

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Trade Value of Electrical Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $263k
TOP IMPORT POTENTIALChina+ $1.15M

Electrical Parts’s highest export potential is United States. With an export gap of $263k.   Electrical Parts’s highest import potential is China with an import gap of $1.15M.

See methodology.

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