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2022
Exports $1.57BWorld Rnk 12 / 223
Flag Rnk 30 / 1206
2022
Destination $96.1M United States
2021 - 2022
FASTEST GROWING MARKET $96.1MUnited States
2022
PRODUCT COMPLEXITY IN Engine Parts0.92Rnk 203 / 1025
2022
Imports $1.52BWorld Rnk 14 / 224
Flag Rnk 34 / 1198
2022
Origin $56.1M China
2021 - 2022
FASTEST GROWING ORIGIN $56.1MUnited States
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $1.57B in Engine Parts, making it the 12th largest exporter of Engine Parts in the world. At the same year, Engine Parts was the 30th most exported product in Brazil. The main destination of Engine Parts exports from Brazil are: United States ($490M), Mexico ($240M), Germany ($196M), Argentina ($117M), and Italy ($113M).

The fastest growing export markets for Engine Parts of Brazil between 2021 and 2022 were United States ($96.1M), Argentina ($31.9M), and Germany ($27.5M).

Imports In 2022, Brazil imported $1.52B in Engine Parts, becoming the 14th largest importer of Engine Parts in the world. At the same year, Engine Parts was the 34th most imported product in Brazil. Brazil imports Engine Parts primarily from: China ($284M), Germany ($238M), United States ($149M), Japan ($132M), and Italy ($104M).

The fastest growing import markets in Engine Parts for Brazil between 2021 and 2022 were United States ($56.1M), China ($24.1M), and India ($18.5M).

COMPANIES In 2023, leading companies such as Telamon (1.12k), Robert Bosch (29), and Mahle Behr (11) were at the forefront of shipping Engine Parts from Brazil to the United States.

Latest Trends

September 2024

About

Overview In September 2024 Brazil's Engine Parts exports accounted up to $128M and imports accounted up to $160M, resulting in a negative trade balance of $31.4M. Between September 2023 and September 2024 the exports of Brazil's   Engine Parts have increased by $7.96M (6.63%) from $120M to $128M, while imports increased by $34.2M (27.3%) from $125M to $160M.

Destinations In September 2024, Engine Parts were exported mostly to United States ($47.3M), Mexico ($27.5M), Germany ($13.4M), Argentina ($8M), and Italy ($6.51M), and were imported mostly from China ($28.2M), Germany ($26.2M), United States ($16M), India ($12.4M), and Japan ($10.1M).

Growth In September 2024, the increase in Engine Parts's year-by-year exports was explained primarily by an increase in exports to United States ($7.4M or 30.5%), Mexico ($4.25M or 22.3%), and Sweden ($1.64M or 148%). In September 2024, the increase in Engine Parts's year-by-year imports was explained primarily by an increase in imports from Germany ($3.36M or 16.5%), Thailand ($2.67M or 49.2%), and South Korea ($2.24M or 180%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$7.96M(6.63%)
IMPORT GROWTH (September 2023 - September 2024)$34.2M(27.3%)
MAIN EXPORTER (September 2024)Santa Catarina$57.4M
MAIN DESTINATION (September 2024)United States$47.3M

This section shows Engine 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 Engine Parts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.57B
IMPORTS (2022)$1.52B
NET TRADE (2022)$52.6M

In 2022, Brazil exported $1.57B in Engine Parts. The main destinations of Brazil exports on Engine Parts were United States ($490M), Mexico ($240M), Germany ($196M), Argentina ($117M), and Italy ($113M).

In 2022, Brazil imported $1.52B in Engine Parts, mainly from China ($284M), Germany ($238M), United States ($149M), Japan ($132M), and Italy ($104M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Engine Parts EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
United States$96.1M (24.4%)
Argentina$31.9M (37.5%)
Germany$27.5M (16.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Engine Parts BY Brazil WERE (2021 - 2022):
South Africa-$9.89M (-57.6%)
India-$7.66M (-25.7%)
Austria-$7.33M (-62.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Engine Parts were:
Germany $13B
China $7.96B
Japan $6.08B
In 2022, Brazil's main importing competitors in Engine Parts were:
United States $13.5B
Germany $5.9B
Mexico $3.67B

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Trade Value of Engine Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $121M
TOP IMPORT POTENTIALChina+ $58.1M

Engine Parts’s highest export potential is United States. With an export gap of $121M.   Engine Parts’s highest import potential is China with an import gap of $58.1M.

See methodology.

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