Soil Preparation Machinery in Brazil | The Observatory of Economic Complexity

About

Exports In 2022, Brazil exported $228M in Soil Preparation Machinery, making it the 15th largest exporter of Soil Preparation Machinery in the world. At the same year, Soil Preparation Machinery was the 122nd most exported product in Brazil. The main destination of Soil Preparation Machinery exports from Brazil are: Paraguay ($67M), Bolivia ($27.2M), United States ($22.9M), Uruguay ($19.7M), and Argentina ($9.49M).

The fastest growing export markets for Soil Preparation Machinery of Brazil between 2021 and 2022 were Bolivia ($7.84M), Uruguay ($6.4M), and Paraguay ($6.21M).

Imports In 2022, Brazil imported $88.2M in Soil Preparation Machinery, becoming the 27th largest importer of Soil Preparation Machinery in the world. At the same year, Soil Preparation Machinery was the 343rd most imported product in Brazil. Brazil imports Soil Preparation Machinery primarily from: United States ($54.4M), China ($11.9M), Germany ($9.18M), Argentina ($2.21M), and Sweden ($1.66M).

The fastest growing import markets in Soil Preparation Machinery for Brazil between 2021 and 2022 were United States ($15.4M), Sweden ($1.55M), and Argentina ($1.5M).

COMPANIES In 2023, leading companies such as CNH INDUSTRIAL AMERICA LLC (15) were at the forefront of shipping Soil Preparation Machinery from Brazil to the United States.

Latest Trends

March 2024

About

Overview In March 2024 Brazil's Soil Preparation Machinery exports accounted up to $18.9M and imports accounted up to $5.34M, resulting in a positive trade balance of $13.6M. Between March 2023 and March 2024 the exports of Brazil's Soil Preparation Machinery have decreased by $-2.4M (-11.2%) from $21.3M to $18.9M, while imports decreased by $-6.08M (-53.2%) from $11.4M to $5.34M.

Destinations In March 2024, Soil Preparation Machinery were exported mostly to Paraguay ($8.58M), United States ($1.78M), Canada ($1.47M), Uruguay ($671k), and Venezuela ($553k), and were imported mostly from Germany ($2.26M), United States ($1.19M), China ($745k), Italy ($364k), and Netherlands ($150k).

Growth In March 2024, the decrease in Soil Preparation Machinery's year-by-year exports was explained primarily by a decrease in exports to United States ($-370k or -24%), Bolivia ($-367k or -39%), and Thailand ($-319k or -98.7%). In March 2024, the decrease in Soil Preparation Machinery's year-by-year imports was explained primarily by a decrease in imports from Italy ($-162k or -87.5%), Germany ($-162k or -15.6%), and Argentina ($-153k or -95.4%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)$-2.4M(-11.2%)

IMPORT GROWTH (March 2023 - March 2024)$-6.08M(-53.2%)

MAIN EXPORTER (March 2024)São Paulo$8.22M

MAIN DESTINATION (March 2024)Paraguay$8.58M

This section shows Soil Preparation Machinery'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 Soil Preparation Machinery over time.

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