2022
Exports
$204MWorld Rnk 43 / 224
Flag Rnk 133 / 1206
2022
PRODUCT COMPLEXITY IN Medical Instruments
0.76Rnk 260 / 1025
2022
Imports
$1.84BWorld Rnk 19 / 225
Flag Rnk 25 / 1198
2022
ECONOMIC COMPLEXITY of Brazil
0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $204M in Medical Instruments, making it the 43rd largest exporter of Medical Instruments in the world. At the same year, Medical Instruments was the 133rd most exported product in Brazil. The main destination of Medical Instruments exports from Brazil are: United States ($77.6M), Netherlands ($11.3M), Mexico ($10.2M), Spain ($8.78M), and Argentina ($7.73M).

The fastest growing export markets for Medical Instruments of Brazil between 2021 and 2022 were United States ($23.2M), Netherlands ($7.14M), and Colombia ($2.91M).

Imports In 2022, Brazil imported $1.84B in Medical Instruments, becoming the 19th largest importer of Medical Instruments in the world. At the same year, Medical Instruments was the 25th most imported product in Brazil. Brazil imports Medical Instruments primarily from: United States ($531M), China ($425M), Germany ($155M), Mexico ($102M), and South Korea ($74.9M).

The fastest growing import markets in Medical Instruments for Brazil between 2021 and 2022 were United States ($59.1M), China ($42.4M), and Mexico ($19.7M).

Latest Trends

October 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$814k(3.7%)
IMPORT GROWTH (October 2023 - October 2024)$38.8M(27.9%)
MAIN EXPORTER (October 2024)São Paulo$14.8M
MAIN DESTINATION (October 2024)United States$10.2M

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 (2022)$204M
IMPORTS (2022)$1.84B
NET TRADE (2022)-$1.64B

In 2022, Brazil exported $204M in Medical Instruments. The main destinations of Brazil exports on Medical Instruments were United States ($77.6M), Netherlands ($11.3M), Mexico ($10.2M), Spain ($8.78M), and Argentina ($7.73M).

In 2022, Brazil imported $1.84B in Medical Instruments, mainly from United States ($531M), China ($425M), Germany ($155M), Mexico ($102M), and South Korea ($74.9M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Medical Instruments EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
United States$23.2M (42.7%)
Netherlands$7.14M (172%)
Colombia$2.91M (73.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Medical Instruments BY Brazil WERE (2021 - 2022):
Mexico-$26.9M (-72.5%)
Switzerland-$1.55M (-25.3%)
Denmark-$1.35M (-84.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Medical Instruments were:
In 2022, Brazil's main importing competitors in Medical Instruments were:

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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