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2022
Exports $33.2kWorld Rnk 56 / 137
Flag Rnk 1144 / 1206
2022
Destination $7.29k United States
2021 - 2022
FASTEST GROWING MARKET $7.29kUnited States
2022
Imports $1.2MWorld Rnk 24 / 202
Flag Rnk 1024 / 1198
2022
Origin $102k China
2021 - 2022
FASTEST GROWING ORIGIN $102kUnited States
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $33.2k in Other Musical Instruments, making it the 56th largest exporter of Other Musical Instruments in the world. At the same year, Other Musical Instruments was the 1144th most exported product in Brazil. The main destination of Other Musical Instruments exports from Brazil are: United States ($18.6k), Paraguay ($3.96k), Germany ($2.64k), France ($2.61k), and United Kingdom ($1.78k).

The fastest growing export markets for Other Musical Instruments of Brazil between 2021 and 2022 were United States ($7.29k), Paraguay ($2.62k), and France ($1.62k).

Imports In 2022, Brazil imported $1.2M in Other Musical Instruments, becoming the 24th largest importer of Other Musical Instruments in the world. At the same year, Other Musical Instruments was the 1024th most imported product in Brazil. Brazil imports Other Musical Instruments primarily from: China ($668k), Malaysia ($275k), United States ($145k), Canada ($29.8k), and Italy ($21.2k).

The fastest growing import markets in Other Musical Instruments for Brazil between 2021 and 2022 were United States ($102k), Malaysia ($20.7k), and Germany ($16.7k).

COMPANIES In 2023, leading companies such as Steve Madden (22) and CMPC (1) were at the forefront of shipping Other Musical Instruments from Brazil to the United States.

Latest Trends

July 2024

About

Overview In July 2024 Brazil's Other Musical Instruments exports accounted up to $239 and imports accounted up to $82.4k, resulting in a negative trade balance of $82.2k. Between July 2023 and July 2024 the exports of Brazil's   Other Musical Instruments have decreased by $-531 (-69%) from $770 to $239, while imports increased by $38.1k (85.9%) from $44.3k to $82.4k.

Destinations In July 2024, Other Musical Instruments were exported mostly to Liberia ($115), Japan ($86), and Marshall Islands ($38), and were imported mostly from China ($76.9k), United States ($3.2k), Italy ($2.27k), Austria ($71), and Japan ($21).

Growth In July 2024, the decrease in Other Musical Instruments's year-by-year exports was explained primarily by a decrease in exports to . In July 2024, the increase in Other Musical Instruments's year-by-year imports was explained primarily by an increase in imports from China ($66.9k or 283%), United States ($101 or 140%), and Austria ($22 or 314%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-531(-69%)
IMPORT GROWTH (July 2023 - July 2024)$38.1k(85.9%)
MAIN EXPORTER (July 2024)Espírito Santo$8.89k
MAIN DESTINATION (July 2024)Liberia$115

This section shows Other Musical 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 Other Musical Instruments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$33.2k
IMPORTS (2022)$1.2M
NET TRADE (2022)-$1.17M

In 2022, Brazil exported $33.2k in Other Musical Instruments. The main destinations of Brazil exports on Other Musical Instruments were United States ($18.6k), Paraguay ($3.96k), Germany ($2.64k), France ($2.61k), and United Kingdom ($1.78k).

In 2022, Brazil imported $1.2M in Other Musical Instruments, mainly from China ($668k), Malaysia ($275k), United States ($145k), Canada ($29.8k), and Italy ($21.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Musical Instruments EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
United States$7.29k (64.5%)
Paraguay$2.62k (195%)
France$1.62k (164%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Musical Instruments BY Brazil WERE (2021 - 2022):
Belgium-$1.09k (-100%)
Panama-$272 (-87.2%)
Japan-$124 (-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 Other Musical Instruments were:
China $107M
United States $15.2M
Malaysia $7.21M
In 2022, Brazil's main importing competitors in Other Musical Instruments were:
United States $37.1M
United Kingdom $12.4M
Germany $11.7M

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Trade Value of Other Musical Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $15.7k
TOP IMPORT POTENTIALChina+ $103k

Other Musical Instruments’s highest export potential is United States. With an export gap of $15.7k.   Other Musical Instruments’s highest import potential is China with an import gap of $103k.

See methodology.

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