2023
Exports
$56.1MWorld Rnk 35 / 199
Flag Rnk 319 / 1207
2023
PRODUCT COMPLEXITY IN Metalworking Machine Parts
1.42Rnk 61 / 1025
2023
Imports
$193MWorld Rnk 25 / 218
Flag Rnk 214 / 1200
2023
ECONOMIC COMPLEXITY of Brazil
0.31Rnk 49 / 132

About

Exports In 2023, Brazil exported $56.1M in Metalworking Machine Parts, making it the 35th largest exporter of Metalworking Machine Parts in the world. At the same year, Metalworking Machine Parts was the 319th most exported product in Brazil. The main destination of Metalworking Machine Parts exports from Brazil are: United States ($18.2M), Germany ($9.31M), Mexico ($8.17M), Argentina ($2.92M), and United Kingdom ($2.48M).

The fastest growing export markets for Metalworking Machine Parts of Brazil between 2022 and 2023 were United States ($11.5M), Mexico ($2.94M), and Germany ($2M).

Imports In 2023, Brazil imported $193M in Metalworking Machine Parts, becoming the 25th largest importer of Metalworking Machine Parts in the world. At the same year, Metalworking Machine Parts was the 214th most imported product in Brazil. Brazil imports Metalworking Machine Parts primarily from: N/A.

The fastest growing import markets in Metalworking Machine Parts for Brazil between 2022 and 2023 were Czechia ($1.88M), Austria ($1.61M), and United Kingdom ($1.42M).

COMPANIES In 2024, leading companies such as Telamon (18) were at the forefront of shipping Metalworking Machine Parts from Brazil to the United States.

Latest Trends

December 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$-705k(-18.9%)
IMPORT GROWTH (December 2023 - December 2024)$1.89M(13.4%)
MAIN EXPORTER (December 2024)São Paulo$5.61M
MAIN DESTINATION (December 2024)Mexico$859k

This section shows Metalworking Machine Parts'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 Metalworking Machine Parts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$56.1M
IMPORTS (2023)$193M
NET TRADE (2023)-$137M

In 2023, Brazil exported $56.1M in Metalworking Machine Parts. The main destinations of Brazil exports on Metalworking Machine Parts were United States ($18.2M), Germany ($9.31M), Mexico ($8.17M), Argentina ($2.92M), and United Kingdom ($2.48M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Metalworking Machine Parts EXPORT MARKETS FOR Brazil WERE (2022 - 2023):
United States$11.5M (170%)
Mexico$2.94M (56.2%)
Germany$2M (27.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Machine Parts BY Brazil WERE (2022 - 2023):
China-$5.56M (-75.2%)
Argentina-$1.35M (-31.6%)
South Korea-$614k (-98.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Brazil's main exporting competitors in Metalworking Machine Parts were:
In 2023, Brazil's main importing competitors in Metalworking Machine Parts were:

Explore Visualizations

Trade Value of Metalworking Machine Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $6.51M
TOP IMPORT POTENTIALChina+ $12.1M

Metalworking Machine Parts’s highest export potential is United States. With an export gap of $6.51M.   Metalworking Machine Parts’s highest import potential is China with an import gap of $12.1M.

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