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2022
Exports $522MWorld Rnk 45 / 222
Flag Rnk 62 / 1206
2022
Destination $35.5M Argentina
2021 - 2022
FASTEST GROWING MARKET $35.5MArgentina
2022
PRODUCT COMPLEXITY IN Insulated Wire-0.59Rnk 723 / 1025
2022
Imports $1.23BWorld Rnk 33 / 225
Flag Rnk 39 / 1198
2022
Origin $30.4M China
2021 - 2022
FASTEST GROWING ORIGIN $30.4MChina
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $522M in Insulated Wire, making it the 45th largest exporter of Insulated Wire in the world. At the same year, Insulated Wire was the 62nd most exported product in Brazil. The main destination of Insulated Wire exports from Brazil are: Argentina ($160M), Paraguay ($95.1M), United States ($54.2M), Bolivia ($42.2M), and Chile ($39.7M).

The fastest growing export markets for Insulated Wire of Brazil between 2021 and 2022 were Argentina ($35.5M), Paraguay ($18.9M), and Bolivia ($10.2M).

Imports In 2022, Brazil imported $1.23B in Insulated Wire, becoming the 33rd largest importer of Insulated Wire in the world. At the same year, Insulated Wire was the 39th most imported product in Brazil. Brazil imports Insulated Wire primarily from: China ($481M), Paraguay ($196M), United States ($139M), Germany ($68.6M), and Mexico ($35M).

The fastest growing import markets in Insulated Wire for Brazil between 2021 and 2022 were China ($30.4M), Paraguay ($20.2M), and United States ($12.2M).

COMPANIES In 2023, leading companies such as Goodyear Tire and Rubber (7) were at the forefront of shipping Insulated Wire from Brazil to the United States.

Latest Trends

September 2024

About

Overview In September 2024 Brazil's Insulated Wire exports accounted up to $46.7M and imports accounted up to $140M, resulting in a negative trade balance of $93.8M. Between September 2023 and September 2024 the exports of Brazil's   Insulated Wire have increased by $6.15M (15.2%) from $40.5M to $46.7M, while imports increased by $39.7M (39.5%) from $101M to $140M.

Destinations In September 2024, Insulated Wire were exported mostly to Argentina ($14.6M), Paraguay ($9.2M), Mexico ($5.38M), United States ($4.39M), and Colombia ($4M), and were imported mostly from China ($51.5M), Paraguay ($26.5M), United States ($15.6M), Mexico ($6.68M), and Germany ($5.43M).

Growth In September 2024, the increase in Insulated Wire's year-by-year exports was explained primarily by an increase in exports to United States ($3.24M or 139%), Bolivia ($2.24M or 92.7%), and Argentina ($449k or 5.93%). In September 2024, the increase in Insulated Wire's year-by-year imports was explained primarily by an increase in imports from Paraguay ($4.37M or 40.4%), India ($2.44M or 656%), and Turkey ($1.46M or 1.11k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$6.15M(15.2%)
IMPORT GROWTH (September 2023 - September 2024)$39.7M(39.5%)
MAIN EXPORTER (September 2024)São Paulo$31M
MAIN DESTINATION (September 2024)Argentina$14.6M

This section shows Insulated Wire'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 Insulated Wire over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$522M
IMPORTS (2022)$1.23B
NET TRADE (2022)-$703M

In 2022, Brazil exported $522M in Insulated Wire. The main destinations of Brazil exports on Insulated Wire were Argentina ($160M), Paraguay ($95.1M), United States ($54.2M), Bolivia ($42.2M), and Chile ($39.7M).

In 2022, Brazil imported $1.23B in Insulated Wire, mainly from China ($481M), Paraguay ($196M), United States ($139M), Germany ($68.6M), and Mexico ($35M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Insulated Wire EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Argentina$35.5M (28.6%)
Paraguay$18.9M (24.8%)
Bolivia$10.2M (32%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insulated Wire BY Brazil WERE (2021 - 2022):
Canada-$6.34M (-81.8%)
Mexico-$2.15M (-6.67%)
Saudi Arabia-$1.92M (-53.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Insulated Wire were:
China $33.9B
Mexico $16.6B
United States $11B
In 2022, Brazil's main importing competitors in Insulated Wire were:
United States $29.8B
Germany $15.4B
Mexico $8.28B

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Trade Value of Insulated Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $64.3M
TOP IMPORT POTENTIALChina+ $107M

Insulated Wire’s highest export potential is United States. With an export gap of $64.3M.   Insulated Wire’s highest import potential is China with an import gap of $107M.

See methodology.

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