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2022
Exports $715kWorld Rnk 54 / 130
Flag Rnk 944 / 1206
2022
Destination $377k Argentina
2021 - 2022
FASTEST GROWING MARKET $377kArgentina
2022
PRODUCT COMPLEXITY IN Work Trucks0.63Rnk 306 / 1025
2022
Imports $10.5MWorld Rnk 31 / 208
Flag Rnk 761 / 1198
2022
Origin $4M China
2021 - 2022
FASTEST GROWING ORIGIN $4MChina
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $715k in Work Trucks, making it the 54th largest exporter of Work Trucks in the world. At the same year, Work Trucks was the 944th most exported product in Brazil. The main destination of Work Trucks exports from Brazil are: Argentina ($400k), United Kingdom ($130k), Uruguay ($60k), South Africa ($41.7k), and Singapore ($28.2k).

The fastest growing export markets for Work Trucks of Brazil between 2021 and 2022 were Argentina ($377k), United Kingdom ($116k), and Uruguay ($60k).

Imports In 2022, Brazil imported $10.5M in Work Trucks, becoming the 31st largest importer of Work Trucks in the world. At the same year, Work Trucks was the 761st most imported product in Brazil. Brazil imports Work Trucks primarily from: China ($5.55M), United States ($1.33M), Germany ($1.16M), Japan ($801k), and South Korea ($412k).

The fastest growing import markets in Work Trucks for Brazil between 2021 and 2022 were China ($4M), Japan ($671k), and Germany ($621k).

Latest Trends

October 2024

About

Overview In October 2024 Brazil's Work Trucks exports accounted up to $74.3k and imports accounted up to $1.24M, resulting in a negative trade balance of $1.17M. Between October 2023 and October 2024 the exports of Brazil's   Work Trucks have increased by $66.7k (874%) from $7.63k to $74.3k, while imports decreased by $-1.75M (-58.5%) from $3M to $1.24M.

Destinations In October 2024, Work Trucks were exported mostly to Argentina ($72.3k), Peru ($1.83k), and United States ($183), and were imported mostly from Malaysia ($610k), China ($492k), Netherlands ($48.3k), Italy ($23.3k), and United States ($21.8k).

Growth In October 2024, the increase in Work Trucks's year-by-year exports was explained primarily by an increase in exports to . In October 2024, the decrease in Work Trucks's year-by-year imports was explained primarily by a decrease in imports from United Kingdom ($-77.2k or -79.7%), United States ($-14.3k or -14.3%), and Czechia ($-1.94k or -94.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$66.7k(874%)
IMPORT GROWTH (October 2023 - October 2024)$-1.75M(-58.5%)
MAIN EXPORTER (October 2024)Minas Gerais$88.4k
MAIN DESTINATION (October 2024)Argentina$72.3k

This section shows Work Trucks'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 Work Trucks over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$715k
IMPORTS (2022)$10.5M
NET TRADE (2022)-$9.79M

In 2022, Brazil exported $715k in Work Trucks. The main destinations of Brazil exports on Work Trucks were Argentina ($400k), United Kingdom ($130k), Uruguay ($60k), South Africa ($41.7k), and Singapore ($28.2k).

In 2022, Brazil imported $10.5M in Work Trucks, mainly from China ($5.55M), United States ($1.33M), Germany ($1.16M), Japan ($801k), and South Korea ($412k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Work Trucks EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Argentina$377k (1.63k%)
United Kingdom$116k (833%)
Uruguay$60k (207k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Work Trucks BY Brazil WERE (2021 - 2022):
United States-$31.9k (-79.2%)
France-$12.1k (-92.5%)
Saudi Arabia-$7.78k (-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 Work Trucks were:
United States $291M
Germany $239M
China $178M
In 2022, Brazil's main importing competitors in Work Trucks were:
United States $311M
United Kingdom $93.7M
Netherlands $91.7M

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Trade Value of Work Trucks by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $50.7k
TOP IMPORT POTENTIALUnited States+ $659k

Work Trucks’s highest export potential is United Kingdom. With an export gap of $50.7k.   Work Trucks’s highest import potential is United States with an import gap of $659k.

See methodology.

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