Looms in Brazil | The Observatory of Economic Complexity

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Exports In 2022, Brazil exported $1.14M in Looms, making it the 38th largest exporter of Looms in the world. At the same year, Looms was the 894th most exported product in Brazil. The main destination of Looms exports from Brazil are: Argentina ($731k), India ($235k), Turkey ($75k), Paraguay ($60.2k), and Canada ($22.6k).

The fastest growing export markets for Looms of Brazil between 2021 and 2022 were Argentina ($627k), Paraguay ($46.1k), and India ($24.6k).

Imports In 2022, Brazil imported $27.2M in Looms, becoming the 13th largest importer of Looms in the world. At the same year, Looms was the 588th most imported product in Brazil. Brazil imports Looms primarily from: Belgium ($8.72M), China ($4.57M), India ($4.03M), Japan ($3.4M), and Austria ($3.1M).

The fastest growing import markets in Looms for Brazil between 2021 and 2022 were Austria ($384k), Spain ($150k), and Chile ($20k).

Latest Trends

November 2024

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Overview In November 2024 Brazil's Looms exports accounted up to $120k and imports accounted up to $5.57M, resulting in a negative trade balance of $5.45M. Between May 2023 and November 2024 the exports of Brazil's Looms have decreased by $-100k (-45.5%) from $220k to $120k, while imports increased by $2.17M (63.6%) from $3.41M to $5.57M.

Destinations In November 2024, Looms were exported mostly to United Arab Emirates ($120k), and were imported mostly from Belgium ($2.51M), Japan ($1.48M), China ($1.02M), Switzerland ($293k), and Austria ($159k).

Growth In November 2024, the decrease in Looms's year-by-year exports was explained primarily by a decrease in exports to . In November 2024, the increase in Looms's year-by-year imports was explained primarily by an increase in imports from Italy ($321k or 141%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (May 2023 - November 2024)$-100k(-45.5%)

IMPORT GROWTH (November 2023 - November 2024)$2.17M(63.6%)

MAIN EXPORTER (November 2024)Paraná$266k

MAIN DESTINATION (November 2024)United Arab Emirates$120k

This section shows Looms'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 Looms over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$1.14M

IMPORTS (2022)$27.2M

NET TRADE (2022)-$26M

In 2022, Brazil exported $1.14M in Looms. The main destinations of Brazil exports on Looms were Argentina ($731k), India ($235k), Turkey ($75k), Paraguay ($60.2k), and Canada ($22.6k).

In 2022, Brazil imported $27.2M in Looms, mainly from Belgium ($8.72M), China ($4.57M), India ($4.03M), Japan ($3.4M), and Austria ($3.1M).

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