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2023
ExportsfalseWorld Rnk 36 / 221
Flag Rnk 511 / 1207
2022 - 2023
FASTEST GROWING MARKET $672kMexico
2023
PRODUCT COMPLEXITY IN Other Hand Tools1.82Rnk 14 / 1025
2023
Origin $457k China
2022 - 2023
FASTEST GROWING ORIGIN $457kSweden
2023
ECONOMIC COMPLEXITY of Brazil0.31Rnk 49 / 132

About

Exports In 2023, Brazil exported $17.4M in Other Hand Tools, making it the 36th largest exporter of Other Hand Tools in the world. At the same year, Other Hand Tools was the 511th most exported product in Brazil. The main destination of Other Hand Tools exports from Brazil are: Paraguay ($2.49M), Bolivia ($1.75M), Peru ($1.57M), Argentina ($1.51M), and United States ($1.31M).

The fastest growing export markets for Other Hand Tools of Brazil between 2022 and 2023 were Mexico ($672k), Venezuela ($429k), and Paraguay ($235k).

The fastest growing import markets in Other Hand Tools for Brazil between 2022 and 2023 were Sweden ($457k), Belgium ($399k), and Switzerland ($387k).

Latest Trends

December 2024

About

Overview In December 2024 Brazil's Other Hand Tools exports accounted up to $2.15M and imports accounted up to $8.53M, resulting in a negative trade balance of $6.38M. Between December 2023 and December 2024 the exports of Brazil's   Other Hand Tools have decreased by $-138k (-6.01%) from $2.29M to $2.15M, while imports increased by $2.15M (33.7%) from $6.38M to $8.53M.

Destinations In December 2024, Other Hand Tools were exported mostly to Peru ($392k), Paraguay ($303k), Argentina ($221k), Mexico ($211k), and Bolivia ($189k), and were imported mostly from China ($4.78M), Sweden ($1.52M), United States ($631k), Germany ($412k), and Chinese Taipei ($208k).

Growth In December 2024, the decrease in Other Hand Tools's year-by-year exports was explained primarily by a decrease in exports to N/A. In December 2024, the increase in Other Hand Tools's year-by-year imports was explained primarily by an increase in imports from China ($1.73M or 40.6%), United States ($57k or 14.8%), and Italy ($37.7k or 64.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$-138k(-6.01%)
IMPORT GROWTH (December 2023 - December 2024)$2.15M(33.7%)
MAIN EXPORTER (December 2024)São Paulo$19.7M
MAIN DESTINATION (December 2024)Peru$392k

This section shows Other Hand 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 Other Hand Tools over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$17.4M

In 2023, Brazil exported $17.4M in Other Hand Tools. The main destinations of Brazil exports on Other Hand Tools were Paraguay ($2.49M), Bolivia ($1.75M), Peru ($1.57M), Argentina ($1.51M), and United States ($1.31M).

In N/A, Brazil imported N/A in Other Hand Tools, mainly from China ($50.1M), United States ($5.92M), Germany ($5.37M), Chinese Taipei ($3.29M), and France ($2.19M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Hand Tools EXPORT MARKETS FOR Brazil WERE (2022 - 2023):
Mexico$672k (137%)
Venezuela$429k (1.82k%)
Paraguay$235k (10.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Hand Tools BY Brazil WERE (2022 - 2023):
Indonesia-$1.06M (-94.6%)
Saudi Arabia-$674k (-69.7%)
Peru-$355k (-18.4%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Brazil's main exporting competitors in Other Hand Tools were:
China $3.65B
Germany $905M
Chinese Taipei $812M
In 2023, Brazil's main importing competitors in Other Hand Tools were:
United States $1.46B
Germany $630M
France $472M

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Trade Value of Other Hand Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.84M
TOP IMPORT POTENTIALChina+ $4.87M

Other Hand Tools’s highest export potential is United States. With an export gap of $1.84M.   Other Hand Tools’s highest import potential is China with an import gap of $4.87M.

See methodology.

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