Iron Railway Products in Brazil | The Observatory of Economic Complexity

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Exports In 2022, Brazil exported $12.8M in Iron Railway Products, making it the 28th largest exporter of Iron Railway Products in the world. At the same year, Iron Railway Products was the 557th most exported product in Brazil. The main destination of Iron Railway Products exports from Brazil are: Chile ($5.14M), Liberia ($3.6M), United States ($2.25M), Argentina ($400k), and Mexico ($361k).

The fastest growing export markets for Iron Railway Products of Brazil between 2021 and 2022 were Liberia ($3.6M), Bolivia ($268k), and Colombia ($155k).

Imports In 2022, Brazil imported $154M in Iron Railway Products, becoming the 5th largest importer of Iron Railway Products in the world. At the same year, Iron Railway Products was the 260th most imported product in Brazil. Brazil imports Iron Railway Products primarily from: Japan ($83.8M), China ($28.3M), Russia ($11.6M), Spain ($10.7M), and United States ($8.36M).

The fastest growing import markets in Iron Railway Products for Brazil between 2021 and 2022 were Japan ($9.5M), United States ($7.88M), and Spain ($2.38M).

COMPANIES In 2023, leading companies such as STANLEY BLACK & DECKER, INC (1) were at the forefront of shipping Iron Railway Products from Brazil to the United States.

Latest Trends

March 2024

About

Overview In March 2024 Brazil's Iron Railway Products exports accounted up to $751k and imports accounted up to $16.6M, resulting in a negative trade balance of $15.8M. Between March 2023 and March 2024 the exports of Brazil's Iron Railway Products have increased by $7.51k (1.01%) from $744k to $751k, while imports increased by $9.36M (130%) from $7.22M to $16.6M.

Destinations In March 2024, Iron Railway Products were exported mostly to Mexico ($558k), Chile ($102k), Colombia ($61.1k), Bolivia ($12k), and Dominican Republic ($10.1k), and were imported mostly from Japan ($8.4M), China ($6.78M), Austria ($752k), Spain ($218k), and United States ($161k).

Growth In March 2024, the increase in Iron Railway Products's year-by-year exports was explained primarily by an increase in exports to Mexico ($125k or 8.83k%) and Chile ($49.4k or 24.6%). In March 2024, the increase in Iron Railway Products's year-by-year imports was explained primarily by an increase in imports from China ($11.3M or 2.54k%), Austria ($809k or 88.9%), and Spain ($20k or 187%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)$7.51k(1.01%)

IMPORT GROWTH (March 2023 - March 2024)$9.36M(130%)

MAIN EXPORTER (March 2024)São Paulo$582k

MAIN DESTINATION (March 2024)Mexico$558k

This section shows Iron Railway Products'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 Iron Railway Products over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$12.8M

IMPORTS (2022)$154M

NET TRADE (2022)-$141M

In 2022, Brazil exported $12.8M in Iron Railway Products. The main destinations of Brazil exports on Iron Railway Products were Chile ($5.14M), Liberia ($3.6M), United States ($2.25M), Argentina ($400k), and Mexico ($361k).

In 2022, Brazil imported $154M in Iron Railway Products, mainly from Japan ($83.8M), China ($28.3M), Russia ($11.6M), Spain ($10.7M), and United States ($8.36M).

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