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2018
Exports $13.4MWorld Rnk 23 / 203
Flag Rnk 545 / 1206
2018
Destination $1.89M United States
2021 - 2022
FASTEST GROWING MARKET $1.89MUnited States
2022
PRODUCT COMPLEXITY IN Hand Tools0.83Rnk 235 / 1025
2018
Imports $39.3MWorld Rnk 19 / 220
Flag Rnk 501 / 1198
2018
Origin $1.91M China
2021 - 2022
FASTEST GROWING ORIGIN $1.91MChina
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2018, Brazil exported $13.4M in Hand Tools, making it the 23rd largest exporter of Hand Tools in the world. At the same year, Hand Tools was the 545th most exported product in Brazil. The main destination of Hand Tools exports from Brazil are: United States ($6.93M), Paraguay ($1.39M), Bolivia ($703k), Chile ($620k), and Colombia ($616k).

The fastest growing export markets for Hand Tools of Brazil between 2021 and 2022 were United States ($1.89M), Paraguay ($401k), and Argentina ($155k).

Imports In 2022, Brazil imported $39.3M in Hand Tools, becoming the 19th largest importer of Hand Tools in the world. At the same year, Hand Tools was the 501st most imported product in Brazil. Brazil imports Hand Tools primarily from: China ($22M), India ($4.34M), Chinese Taipei ($2.21M), Netherlands ($1.98M), and Germany ($1.66M).

The fastest growing import markets in Hand Tools for Brazil between 2021 and 2022 were China ($1.91M), Chinese Taipei ($405k), and Italy ($293k).

COMPANIES In 2023, leading companies such as Apex Tool Group (17) were at the forefront of shipping Hand Tools from Brazil to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Brazil's Hand Tools exports accounted up to $620k and imports accounted up to $3.71M, resulting in a negative trade balance of $3.09M. Between November 2023 and November 2024 the exports of Brazil's   Hand Tools have decreased by $-333k (-35%) from $953k to $620k, while imports increased by $1.29M (53.6%) from $2.42M to $3.71M.

Destinations In November 2024, Hand Tools were exported mostly to United States ($201k), Colombia ($86.8k), Argentina ($49.4k), Paraguay ($44.5k), and Uruguay ($38.2k), and were imported mostly from China ($2.38M), India ($531k), Chinese Taipei ($129k), Austria ($121k), and United States ($116k).

Growth In November 2024, the decrease in Hand Tools's year-by-year exports was explained primarily by a decrease in exports to United States ($-199k or -33%), Colombia ($-44.6k or -68.3%), and Bolivia ($-29.3k or -82.9%). In November 2024, the increase in Hand Tools's year-by-year imports was explained primarily by an increase in imports from China ($346k or 18.9%), India ($119k or 59.1%), and Pakistan ($92.9k or 2.21k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-333k(-35%)
IMPORT GROWTH (November 2023 - November 2024)$1.29M(53.6%)
MAIN EXPORTER (November 2024)São Paulo$1.75M
MAIN DESTINATION (November 2024)United States$201k

This section shows Hand Tools'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 Hand Tools over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$13.4M
IMPORTS (2022)$39.3M
NET TRADE (2022)-$25.9M

In 2022, Brazil exported $13.4M in Hand Tools. The main destinations of Brazil exports on Hand Tools were United States ($6.93M), Paraguay ($1.39M), Bolivia ($703k), Chile ($620k), and Colombia ($616k).

In 2022, Brazil imported $39.3M in Hand Tools, mainly from China ($22M), India ($4.34M), Chinese Taipei ($2.21M), Netherlands ($1.98M), and Germany ($1.66M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hand Tools EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
United States$1.89M (37.5%)
Paraguay$401k (40.5%)
Argentina$155k (54.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hand Tools BY Brazil WERE (2021 - 2022):
Chile-$252k (-28.9%)
Mexico-$148k (-20.8%)
Bolivia-$117k (-14.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Hand Tools were:
China $1.12B
Germany $462M
Chinese Taipei $202M
In 2022, Brazil's main importing competitors in Hand Tools were:
United States $552M
Germany $197M
France $121M

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Trade Value of Hand Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.55M
TOP IMPORT POTENTIALChina+ $1.28M

Hand Tools’s highest export potential is United States. With an export gap of $1.55M.   Hand Tools’s highest import potential is China with an import gap of $1.28M.

See methodology.

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