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2022
Exports $19.4MWorld Rnk 32 / 213
Flag Rnk 490 / 1206
2022
Destination $815k Argentina
2021 - 2022
FASTEST GROWING MARKET $815kUnited States
2022
PRODUCT COMPLEXITY IN Gaskets1.44Rnk 64 / 1025
2022
Imports $87.6MWorld Rnk 16 / 220
Flag Rnk 344 / 1198
2022
Origin $1.23M United States
2021 - 2022
FASTEST GROWING ORIGIN $1.23MUnited States
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $19.4M in Gaskets, making it the 32nd largest exporter of Gaskets in the world. At the same year, Gaskets was the 490th most exported product in Brazil. The main destination of Gaskets exports from Brazil are: Argentina ($3.48M), United States ($1.89M), Paraguay ($1.51M), Chile ($1.33M), and Colombia ($1.26M).

The fastest growing export markets for Gaskets of Brazil between 2021 and 2022 were United States ($815k), Argentina ($542k), and Mexico ($340k).

Imports In 2022, Brazil imported $87.6M in Gaskets, becoming the 16th largest importer of Gaskets in the world. At the same year, Gaskets was the 344th most imported product in Brazil. Brazil imports Gaskets primarily from: United States ($18.7M), Germany ($16.4M), China ($8.22M), Argentina ($5.88M), and Italy ($5M).

The fastest growing import markets in Gaskets for Brazil between 2021 and 2022 were United States ($1.23M), India ($1.03M), and Argentina ($725k).

Latest Trends

July 2024

About

Overview In July 2024 Brazil's Gaskets exports accounted up to $2.8M and imports accounted up to $15.1M, resulting in a negative trade balance of $12.3M. Between July 2023 and July 2024 the exports of Brazil's   Gaskets have decreased by $-170k (-5.72%) from $2.97M to $2.8M, while imports increased by $569k (3.91%) from $14.5M to $15.1M.

Destinations In July 2024, Gaskets were exported mostly to Argentina ($560k), United States ($470k), Paraguay ($235k), Chile ($176k), and Italy ($172k), and were imported mostly from Germany ($3.18M), United States ($3.14M), China ($2.15M), Argentina ($844k), and United Kingdom ($703k).

Growth In July 2024, the decrease in Gaskets's year-by-year exports was explained primarily by a decrease in exports to Argentina ($-173k or -33.7%), Paraguay ($-128k or -59.7%), and United States ($-104k or -44%). In July 2024, the increase in Gaskets's year-by-year imports was explained primarily by an increase in imports from Germany ($1.31M or 67.5%), Japan ($252k or 67%), and Mexico ($250k or 204%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-170k(-5.72%)
IMPORT GROWTH (July 2023 - July 2024)$569k(3.91%)
MAIN EXPORTER (July 2024)São Paulo$1.98M
MAIN DESTINATION (July 2024)Argentina$560k

This section shows Gaskets'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 Gaskets over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$19.4M
IMPORTS (2022)$87.6M
NET TRADE (2022)-$68.2M

In 2022, Brazil exported $19.4M in Gaskets. The main destinations of Brazil exports on Gaskets were Argentina ($3.48M), United States ($1.89M), Paraguay ($1.51M), Chile ($1.33M), and Colombia ($1.26M).

In 2022, Brazil imported $87.6M in Gaskets, mainly from United States ($18.7M), Germany ($16.4M), China ($8.22M), Argentina ($5.88M), and Italy ($5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gaskets EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
United States$815k (76%)
Argentina$542k (18.4%)
Mexico$340k (76%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gaskets BY Brazil WERE (2021 - 2022):
Chile-$496k (-27.2%)
Qatar-$218k (-94.9%)
Saudi Arabia-$128k (-75.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Gaskets were:
Germany $824M
United States $757M
China $527M
In 2022, Brazil's main importing competitors in Gaskets were:
United States $579M
China $299M
Germany $282M

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Trade Value of Gaskets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.11M
TOP IMPORT POTENTIALChina+ $6.4M

Gaskets’s highest export potential is United States. With an export gap of $3.11M.   Gaskets’s highest import potential is China with an import gap of $6.4M.

See methodology.

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