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2022
Exports $471MWorld Rnk 31 / 192
Flag Rnk 70 / 1206
2022
Destination $53.4M United States
2021 - 2022
FASTEST GROWING MARKET $53.4MUnited Kingdom
2022
PRODUCT COMPLEXITY IN Gas Turbines0.71Rnk 270 / 1025
2022
Imports $3.22BWorld Rnk 11 / 207
Flag Rnk 18 / 1198
2022
Origin $1.18B United States
2021 - 2022
FASTEST GROWING ORIGIN $1.18BUnited States
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $471M in Gas Turbines, making it the 31st largest exporter of Gas Turbines in the world. At the same year, Gas Turbines was the 70th most exported product in Brazil. The main destination of Gas Turbines exports from Brazil are: United States ($233M), United Kingdom ($57.7M), Hong Kong ($28.9M), Israel ($24.1M), and Colombia ($23.9M).

The fastest growing export markets for Gas Turbines of Brazil between 2021 and 2022 were United Kingdom ($53.4M), Colombia ($23.5M), and Israel ($23.3M).

Imports In 2022, Brazil imported $3.22B in Gas Turbines, becoming the 11th largest importer of Gas Turbines in the world. At the same year, Gas Turbines was the 18th most imported product in Brazil. Brazil imports Gas Turbines primarily from: United States ($1.95B), United Kingdom ($406M), France ($225M), Canada ($124M), and Singapore ($97.1M).

The fastest growing import markets in Gas Turbines for Brazil between 2021 and 2022 were United States ($1.18B), United Kingdom ($113M), and Singapore ($43.8M).

COMPANIES In 2023, leading companies such as DuPont (2) and Fetzer Vineyards (2) were at the forefront of shipping Gas Turbines from Brazil to the United States.

Latest Trends

July 2024

About

Overview In July 2024 Brazil's Gas Turbines exports accounted up to $49.6M and imports accounted up to $740M, resulting in a negative trade balance of $690M. Between July 2023 and July 2024 the exports of Brazil's   Gas Turbines have increased by $21.5M (76.9%) from $28M to $49.6M, while imports increased by $177M (31.4%) from $563M to $740M.

Destinations In July 2024, Gas Turbines were exported mostly to United States ($27.6M), France ($5.8M), Mexico ($5.14M), Ireland ($2.74M), and Chile ($1.74M), and were imported mostly from United States ($518M), France ($102M), Canada ($27M), China ($18.5M), and Germany ($17.9M).

Growth In July 2024, the increase in Gas Turbines's year-by-year exports was explained primarily by an increase in exports to Chile ($3.5M or 6.93k%), Spain ($3.45M or 542%), and United States ($1.5M or 35.9%). In July 2024, the increase in Gas Turbines's year-by-year imports was explained primarily by an increase in imports from United States ($45.7M or 12.9%), France ($17.7M or 33.8%), and Turkey ($3.17M or 42.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$21.5M(76.9%)
IMPORT GROWTH (July 2023 - July 2024)$177M(31.4%)
MAIN EXPORTER (July 2024)Rio De Janeiro$33.1M
MAIN DESTINATION (July 2024)United States$27.6M

This section shows Gas Turbines'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 Gas Turbines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$471M
IMPORTS (2022)$3.22B
NET TRADE (2022)-$2.75B

In 2022, Brazil exported $471M in Gas Turbines. The main destinations of Brazil exports on Gas Turbines were United States ($233M), United Kingdom ($57.7M), Hong Kong ($28.9M), Israel ($24.1M), and Colombia ($23.9M).

In 2022, Brazil imported $3.22B in Gas Turbines, mainly from United States ($1.95B), United Kingdom ($406M), France ($225M), Canada ($124M), and Singapore ($97.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gas Turbines EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
United Kingdom$53.4M (1.24k%)
Colombia$23.5M (5.27k%)
Israel$23.3M (2.85k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gas Turbines BY Brazil WERE (2021 - 2022):
France-$57.8M (-88.1%)
Hong Kong-$40.9M (-58.6%)
Qatar-$33.2M (-98.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Gas Turbines were:
United States $32.5B
United Kingdom $29.2B
France $13.6B
In 2022, Brazil's main importing competitors in Gas Turbines were:
United States $26.2B
United Kingdom $11.5B
China $9.91B

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Trade Value of Gas Turbines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $95.8M
TOP IMPORT POTENTIALUnited Kingdom+ $75.1M

Gas Turbines’s highest export potential is United States. With an export gap of $95.8M.   Gas Turbines’s highest import potential is United Kingdom with an import gap of $75.1M.

See methodology.

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