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2022
Exports $15.8MWorld Rnk 48 / 200
Flag Rnk 521 / 1206
2022
Destination $1.9M United States
2021 - 2022
FASTEST GROWING MARKET $1.9MUnited States
2022
PRODUCT COMPLEXITY IN Navigation Equipment1.03Rnk 162 / 1025
2022
Imports $307MWorld Rnk 18 / 220
Flag Rnk 154 / 1198
2022
Origin $8.48M United States
2021 - 2022
FASTEST GROWING ORIGIN $8.48MMexico
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $15.8M in Navigation Equipment, making it the 48th largest exporter of Navigation Equipment in the world. At the same year, Navigation Equipment was the 521st most exported product in Brazil. The main destination of Navigation Equipment exports from Brazil are: United States ($4.75M), Argentina ($2.49M), France ($1.92M), United Kingdom ($1.19M), and Spain ($800k).

The fastest growing export markets for Navigation Equipment of Brazil between 2021 and 2022 were United States ($1.9M), Argentina ($954k), and United Kingdom ($905k).

Imports In 2022, Brazil imported $307M in Navigation Equipment, becoming the 18th largest importer of Navigation Equipment in the world. At the same year, Navigation Equipment was the 154th most imported product in Brazil. Brazil imports Navigation Equipment primarily from: United States ($111M), China ($42.7M), Mexico ($35.9M), South Korea ($12.5M), and Germany ($10.3M).

The fastest growing import markets in Navigation Equipment for Brazil between 2021 and 2022 were Mexico ($8.48M), Vietnam ($8.11M), and United States ($7.25M).

COMPANIES In 2023, leading companies such as Robert Bosch (8) were at the forefront of shipping Navigation Equipment from Brazil to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Brazil's Navigation Equipment exports accounted up to $3.37M and imports accounted up to $22M, resulting in a negative trade balance of $18.6M. Between November 2023 and November 2024 the exports of Brazil's   Navigation Equipment have increased by $744k (28.3%) from $2.63M to $3.37M, while imports decreased by $-1.61M (-6.84%) from $23.6M to $22M.

Destinations In November 2024, Navigation Equipment were exported mostly to United States ($1.88M), Argentina ($902k), Mexico ($87.2k), Norway ($74.8k), and France ($69.9k), and were imported mostly from United States ($5.42M), China ($3.3M), Vietnam ($2.21M), Mexico ($2.06M), and Germany ($1.19M).

Growth In November 2024, the increase in Navigation Equipment's year-by-year exports was explained primarily by an increase in exports to United States ($182k or 31.4%), Paraguay ($51.1k or 298%), and Mexico ($41.4k or 738%). In November 2024, the decrease in Navigation Equipment's year-by-year imports was explained primarily by a decrease in imports from South Korea ($-630k or -29.5%), Chinese Taipei ($-589k or -71.6%), and Thailand ($-390k or -57.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$744k(28.3%)
IMPORT GROWTH (November 2023 - November 2024)$-1.61M(-6.84%)
MAIN EXPORTER (November 2024)São Paulo$3.25M
MAIN DESTINATION (November 2024)United States$1.88M

This section shows Navigation Equipment'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 Navigation Equipment over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$15.8M
IMPORTS (2022)$307M
NET TRADE (2022)-$291M

In 2022, Brazil exported $15.8M in Navigation Equipment. The main destinations of Brazil exports on Navigation Equipment were United States ($4.75M), Argentina ($2.49M), France ($1.92M), United Kingdom ($1.19M), and Spain ($800k).

In 2022, Brazil imported $307M in Navigation Equipment, mainly from United States ($111M), China ($42.7M), Mexico ($35.9M), South Korea ($12.5M), and Germany ($10.3M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Navigation Equipment EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
United States$1.9M (66.4%)
Argentina$954k (62%)
United Kingdom$905k (322%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Navigation Equipment BY Brazil WERE (2021 - 2022):
Saudi Arabia-$783k (-100%)
Mexico-$349k (-41.5%)
Chinese Taipei-$246k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Navigation Equipment were:
China $3.22B
United States $2.61B
Germany $1.95B
In 2022, Brazil's main importing competitors in Navigation Equipment were:
United States $3.89B
Germany $1.74B
China $1.5B

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Trade Value of Navigation Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.49M
TOP IMPORT POTENTIALChina+ $20M

Navigation Equipment’s highest export potential is United States. With an export gap of $4.49M.   Navigation Equipment’s highest import potential is China with an import gap of $20M.

See methodology.

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