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2023
Exports $156MWorld Rnk 9 / 199
Flag Rnk 181 / 1207
2023
Destination $1.81M Colombia
2022 - 2023
FASTEST GROWING MARKET $1.81MNicaragua
2023
PRODUCT COMPLEXITY IN Motor-working Tools1.34Rnk 73 / 1025
2023
Imports $194MWorld Rnk 14 / 225
Flag Rnk 213 / 1200
2023
Origin $5.49M China
2022 - 2023
FASTEST GROWING ORIGIN $5.49MUnited States
2023
ECONOMIC COMPLEXITY of Brazil0.31Rnk 49 / 132

About

Exports In 2023, Brazil exported $156M in Motor-working Tools, making it the 9th largest exporter of Motor-working Tools in the world. At the same year, Motor-working Tools was the 181st most exported product in Brazil. The main destination of Motor-working Tools exports from Brazil are: Colombia ($19.9M), Mexico ($17.4M), Argentina ($8.62M), South Africa ($8.38M), and India ($8.27M).

The fastest growing export markets for Motor-working Tools of Brazil between 2022 and 2023 were Nicaragua ($1.81M), Croatia ($1.2M), and Paraguay ($913k).

Imports In 2023, Brazil imported $194M in Motor-working Tools, becoming the 14th largest importer of Motor-working Tools in the world. At the same year, Motor-working Tools was the 213th most imported product in Brazil. Brazil imports Motor-working Tools primarily from: China ($108M), United States ($23.1M), Germany ($21.6M), Sweden ($4.84M), and Netherlands ($4.69M).

The fastest growing import markets in Motor-working Tools for Brazil between 2022 and 2023 were United States ($5.49M), Netherlands ($2.23M), and Austria ($963k).

COMPANIES In 2024, leading companies such as Apex Tool Group (26) and Stihl (1) were at the forefront of shipping Motor-working Tools from Brazil to the United States.

Latest Trends

December 2024

About

Overview In December 2024 Brazil's Motor-working Tools exports accounted up to $22.6M and imports accounted up to $38.8M, resulting in a negative trade balance of $16.2M. Between December 2023 and December 2024 the exports of Brazil's   Motor-working Tools have increased by $4.41M (24.3%) from $18.2M to $22.6M, while imports increased by $5.45M (16.3%) from $33.3M to $38.8M.

Destinations In December 2024, Motor-working Tools were exported mostly to Mexico ($4.28M), Colombia ($2.32M), United States ($2.12M), Peru ($1.91M), and Argentina ($1.82M), and were imported mostly from China ($28.5M), Germany ($2.46M), United States ($1.47M), Austria ($880k), and Malaysia ($805k).

Growth In December 2024, the increase in Motor-working Tools's year-by-year exports was explained primarily by an increase in exports to Chile ($646k or 238%), Indonesia ($422k or 9.21k%), and Panama ($297k or 1.08k%). In December 2024, the increase in Motor-working Tools's year-by-year imports was explained primarily by an increase in imports from China ($15.1M or 74.8%), Sweden ($421k or 89.3%), and Hong Kong ($387k or 97.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$4.41M(24.3%)
IMPORT GROWTH (December 2023 - December 2024)$5.45M(16.3%)
MAIN EXPORTER (December 2024)Rio Grande Do Sul$13.3M
MAIN DESTINATION (December 2024)Mexico$4.28M

This section shows Motor-working Tools'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 Motor-working Tools over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$156M
IMPORTS (2023)$194M
NET TRADE (2023)-$37.7M

In 2023, Brazil exported $156M in Motor-working Tools. The main destinations of Brazil exports on Motor-working Tools were Colombia ($19.9M), Mexico ($17.4M), Argentina ($8.62M), South Africa ($8.38M), and India ($8.27M).

In 2023, Brazil imported $194M in Motor-working Tools, mainly from China ($108M), United States ($23.1M), Germany ($21.6M), Sweden ($4.84M), and Netherlands ($4.69M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Motor-working Tools EXPORT MARKETS FOR Brazil WERE (2022 - 2023):
Nicaragua$1.81M (60.9%)
Croatia$1.2M (4.1k%)
Paraguay$913k (17.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Motor-working Tools BY Brazil WERE (2022 - 2023):
Colombia-$12.8M (-39.2%)
China-$3.62M (-49.1%)
Singapore-$3.51M (-38.6%)
Explore Visualizations

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Brazil's main exporting competitors in Motor-working Tools were:
China $3.15B
Germany $1.17B
United States $712M
In 2023, Brazil's main importing competitors in Motor-working Tools were:
United States $1.37B
Germany $482M
Mexico $458M

Explore Visualizations

Trade Value of Motor-working Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $13.2M
TOP IMPORT POTENTIALChina+ $26.3M

Motor-working Tools’s highest export potential is United States. With an export gap of $13.2M.   Motor-working Tools’s highest import potential is China with an import gap of $26.3M.

See methodology.

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