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2022
Exports $596MWorld Rnk 29 / 224
Flag Rnk 57 / 1206
2022
Destination $92.8M United States
2021 - 2022
FASTEST GROWING MARKET $92.8MGuyana
2022
PRODUCT COMPLEXITY IN Valves1.35Rnk 81 / 1025
2022
Imports $1.66BWorld Rnk 17 / 224
Flag Rnk 29 / 1198
2022
Origin $44.1M United States
2021 - 2022
FASTEST GROWING ORIGIN $44.1MUnited States
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $596M in Valves, making it the 29th largest exporter of Valves in the world. At the same year, Valves was the 57th most exported product in Brazil. The main destination of Valves exports from Brazil are: United States ($165M), Guyana ($133M), Norway ($94M), Argentina ($33.3M), and Germany ($23.4M).

The fastest growing export markets for Valves of Brazil between 2021 and 2022 were Guyana ($92.8M), Norway ($63.3M), and Argentina ($10.6M).

Imports In 2022, Brazil imported $1.66B in Valves, becoming the 17th largest importer of Valves in the world. At the same year, Valves was the 29th most imported product in Brazil. Brazil imports Valves primarily from: United States ($408M), China ($344M), Germany ($203M), Italy ($118M), and United Kingdom ($83.7M).

The fastest growing import markets in Valves for Brazil between 2021 and 2022 were United States ($44.1M), China ($30M), and Argentina ($10.4M).

COMPANIES In 2023, leading companies such as Danfoss (15) and DuPont (1) were at the forefront of shipping Valves from Brazil to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Brazil's Valves exports accounted up to $43.5M and imports accounted up to $149M, resulting in a negative trade balance of $106M. Between November 2023 and November 2024 the exports of Brazil's   Valves have increased by $11.6M (36.3%) from $31.9M to $43.5M, while imports increased by $22.9M (18.1%) from $126M to $149M.

Destinations In November 2024, Valves were exported mostly to Guyana ($18.4M), Argentina ($4.77M), United States ($3.13M), Mexico ($2.43M), and United Kingdom ($2.16M), and were imported mostly from China ($39M), United States ($32.2M), Germany ($14.7M), Italy ($7.36M), and United Kingdom ($6.53M).

Growth In November 2024, the increase in Valves's year-by-year exports was explained primarily by an increase in exports to United Kingdom ($692k or 220%), Mexico ($668k or 47.8%), and United States ($650k or 5.69%). In November 2024, the increase in Valves's year-by-year imports was explained primarily by an increase in imports from United States ($6.8M or 28.8%), United Kingdom ($3.13M or 66.5%), and Germany ($2.36M or 15.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$11.6M(36.3%)
IMPORT GROWTH (November 2023 - November 2024)$22.9M(18.1%)
MAIN EXPORTER (November 2024)Rio De Janeiro$75.6M
MAIN DESTINATION (November 2024)Guyana$18.4M

This section shows Valves'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 Valves over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$596M
IMPORTS (2022)$1.66B
NET TRADE (2022)-$1.06B

In 2022, Brazil exported $596M in Valves. The main destinations of Brazil exports on Valves were United States ($165M), Guyana ($133M), Norway ($94M), Argentina ($33.3M), and Germany ($23.4M).

In 2022, Brazil imported $1.66B in Valves, mainly from United States ($408M), China ($344M), Germany ($203M), Italy ($118M), and United Kingdom ($83.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Valves EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Guyana$92.8M (230%)
Norway$63.3M (206%)
Argentina$10.6M (47%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Valves BY Brazil WERE (2021 - 2022):
Trinidad and Tobago-$49.9M (-99.9%)
United States-$44.5M (-21.2%)
Netherlands-$12.5M (-94.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Valves were:
China $22.9B
Germany $14.7B
United States $12.5B
In 2022, Brazil's main importing competitors in Valves were:
United States $16.8B
Germany $7.9B
China $7.84B

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Trade Value of Valves by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $71.2M
TOP IMPORT POTENTIALChina+ $126M

Valves’s highest export potential is United States. With an export gap of $71.2M.   Valves’s highest import potential is China with an import gap of $126M.

See methodology.

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