Used Rubber Tires in Brazil | The Observatory of Economic Complexity

About

Exports In 2022, Brazil exported $119M in Used Rubber Tires, making it the 9th largest exporter of Used Rubber Tires in the world. At the same year, Used Rubber Tires was the 205th most exported product in Brazil. The main destination of Used Rubber Tires exports from Brazil are: United States ($40M), Argentina ($21.6M), Colombia ($10.4M), Mexico ($9.92M), and Slovenia ($5.39M).

The fastest growing export markets for Used Rubber Tires of Brazil between 2021 and 2022 were United States ($15M), Mexico ($4.31M), and Argentina ($4.21M).

Imports In 2022, Brazil imported $6.79M in Used Rubber Tires, becoming the 73rd largest importer of Used Rubber Tires in the world. At the same year, Used Rubber Tires was the 835th most imported product in Brazil. Brazil imports Used Rubber Tires primarily from: Sri Lanka ($3.05M), India ($1.53M), China ($777k), United States ($530k), and Thailand ($200k).

The fastest growing import markets in Used Rubber Tires for Brazil between 2021 and 2022 were Sri Lanka ($1.03M), India ($731k), and China ($206k).

COMPANIES In 2023, leading companies such as GOODYEAR TIRE & RUBBER CO. (39) and BRIDGESTONE AMERICAS TIRE (11) were at the forefront of shipping Used Rubber Tires from Brazil to the United States.

Latest Trends

March 2024

About

Overview In March 2024 Brazil's Used Rubber Tires exports accounted up to $7.41M and imports accounted up to $407k, resulting in a positive trade balance of $7M. Between March 2023 and March 2024 the exports of Brazil's Used Rubber Tires have decreased by $-2.64M (-26.3%) from $10.1M to $7.41M, while imports increased by $228k (127%) from $180k to $407k.

Destinations In March 2024, Used Rubber Tires were exported mostly to United States ($2.94M), Argentina ($792k), Colombia ($612k), Mexico ($456k), and Peru ($359k), and were imported mostly from China ($194k), Sri Lanka ($149k), Hong Kong ($56.6k), Thailand ($4.1k), and India ($2.95k).

Growth In March 2024, the decrease in Used Rubber Tires's year-by-year exports was explained primarily by a decrease in exports to United States ($-1.37M or -44.9%), Argentina ($-1.31M or -57.2%), and Colombia ($-132k or -17.7%). In March 2024, the increase in Used Rubber Tires's year-by-year imports was explained primarily by an increase in imports from Sri Lanka ($216k or 1.31k%), China ($87.9k or 399%), and India ($6.68k or 4.18k%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)$-2.64M(-26.3%)

IMPORT GROWTH (March 2023 - March 2024)$228k(127%)

MAIN EXPORTER (March 2024)Rio Grande Do Sul$4.59M

MAIN DESTINATION (March 2024)United States$2.94M

This section shows Used Rubber Tires'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 Used Rubber Tires over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$119M

IMPORTS (2022)$6.79M

NET TRADE (2022)$112M

In 2022, Brazil exported $119M in Used Rubber Tires. The main destinations of Brazil exports on Used Rubber Tires were United States ($40M), Argentina ($21.6M), Colombia ($10.4M), Mexico ($9.92M), and Slovenia ($5.39M).

In 2022, Brazil imported $6.79M in Used Rubber Tires, mainly from Sri Lanka ($3.05M), India ($1.53M), China ($777k), United States ($530k), and Thailand ($200k).

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