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2023
Exports $276MWorld Rnk 40 / 217
Flag Rnk 112 / 1207
2023
Destination $3.91M United States
2022 - 2023
FASTEST GROWING MARKET $3.91MGermany
2023
PRODUCT COMPLEXITY IN Medical Instruments0.73Rnk 272 / 1025
2023
Imports $1.86BWorld Rnk 20 / 226
Flag Rnk 24 / 1200
2023
Origin $37.2M United States
2022 - 2023
FASTEST GROWING ORIGIN $37.2MUnited States
2023
ECONOMIC COMPLEXITY of Brazil0.31Rnk 49 / 132

About

Exports In 2023, Brazil exported $276M in Medical Instruments, making it the 40th largest exporter of Medical Instruments in the world. At the same year, Medical Instruments was the 112th most exported product in Brazil. The main destination of Medical Instruments exports from Brazil are: United States ($75.7M), Mexico ($26.4M), Colombia ($12M), Germany ($11.3M), and Argentina ($11.3M).

The fastest growing export markets for Medical Instruments of Brazil between 2022 and 2023 were Germany ($3.91M), United Kingdom ($3.26M), and Argentina ($3.14M).

Imports In 2023, Brazil imported $1.86B in Medical Instruments, becoming the 20th largest importer of Medical Instruments in the world. At the same year, Medical Instruments was the 24th most imported product in Brazil. Brazil imports Medical Instruments primarily from: United States ($516M), China ($429M), Germany ($194M), South Korea ($96.9M), and Mexico ($93M).

The fastest growing import markets in Medical Instruments for Brazil between 2022 and 2023 were United States ($37.2M), Germany ($27.4M), and South Korea ($16.9M).

Latest Trends

January 2025

About

Overview In January 2025 Brazil's Medical Instruments exports accounted up to $18.1M and imports accounted up to $181M, resulting in a negative trade balance of $163M. Between January 2024 and January 2025 the exports of Brazil's   Medical Instruments have increased by $1.84M (11.3%) from $16.3M to $18.1M, while imports increased by $22.4M (14.2%) from $158M to $181M.

Destinations In January 2025, Medical Instruments were exported mostly to United States ($8.42M), Switzerland ($1.52M), Spain ($852k), India ($777k), and Argentina ($749k), and were imported mostly from China ($47.5M), United States ($34.3M), Germany ($15.1M), Japan ($12M), and South Korea ($10.5M).

Growth In January 2025, the increase in Medical Instruments's year-by-year exports was explained primarily by an increase in exports to United States ($2.39M or 102%), Colombia ($593k or 81.5%), and Panama ($419k or 272%). In January 2025, the increase in Medical Instruments's year-by-year imports was explained primarily by an increase in imports from United States ($8.6M or 28.2%), China ($3.8M or 10%), and Slovenia ($1.91M or 1.95k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2024 - January 2025)$1.84M(11.3%)
IMPORT GROWTH (January 2024 - January 2025)$22.4M(14.2%)
MAIN EXPORTER (January 2025)São Paulo$10.7M
MAIN DESTINATION (January 2025)United States$8.42M

This section shows Medical Instruments'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 Medical Instruments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$276M
IMPORTS (2023)$1.86B
NET TRADE (2023)-$1.59B

In 2023, Brazil exported $276M in Medical Instruments. The main destinations of Brazil exports on Medical Instruments were United States ($75.7M), Mexico ($26.4M), Colombia ($12M), Germany ($11.3M), and Argentina ($11.3M).

In 2023, Brazil imported $1.86B in Medical Instruments, mainly from United States ($516M), China ($429M), Germany ($194M), South Korea ($96.9M), and Mexico ($93M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Medical Instruments EXPORT MARKETS FOR Brazil WERE (2022 - 2023):
Germany$3.91M (52.8%)
United Kingdom$3.26M (142%)
Argentina$3.14M (38.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Medical Instruments BY Brazil WERE (2022 - 2023):
Netherlands-$2.61M (-22.4%)
Spain-$2.26M (-18.4%)
China-$1.17M (-33.8%)
Explore Visualizations

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Brazil's main exporting competitors in Medical Instruments were:
United States $34.8B
Germany $18.4B
Mexico $17.6B
In 2023, Brazil's main importing competitors in Medical Instruments were:
United States $37.7B
Netherlands $14.1B
Germany $13.1B

Explore Visualizations

Trade Value of Medical Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $57.5M
TOP IMPORT POTENTIALUnited States+ $98.4M

Medical Instruments’s highest export potential is United States. With an export gap of $57.5M.   Medical Instruments’s highest import potential is United States with an import gap of $98.4M.

See methodology.

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