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2022
Exports $3.88MWorld Rnk 72 / 200
Flag Rnk 738 / 1206
2022
Destination $651k Paraguay
2021 - 2022
FASTEST GROWING MARKET $651kParaguay
2022
PRODUCT COMPLEXITY IN Knit Men's Shirts-1.58Rnk 957 / 1025
2022
Imports $37.6MWorld Rnk 36 / 222
Flag Rnk 512 / 1198
2022
Origin $6.92M Peru
2021 - 2022
FASTEST GROWING ORIGIN $6.92MPeru
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $3.88M in Knit Men's Shirts, making it the 72nd largest exporter of Knit Men's Shirts in the world. At the same year, Knit Men's Shirts was the 738th most exported product in Brazil. The main destination of Knit Men's Shirts exports from Brazil are: Paraguay ($1.76M), Uruguay ($334k), Colombia ($277k), Qatar ($241k), and Ecuador ($237k).

The fastest growing export markets for Knit Men's Shirts of Brazil between 2021 and 2022 were Paraguay ($651k), Qatar ($241k), and Uruguay ($142k).

Imports In 2022, Brazil imported $37.6M in Knit Men's Shirts, becoming the 36th largest importer of Knit Men's Shirts in the world. At the same year, Knit Men's Shirts was the 512th most imported product in Brazil. Brazil imports Knit Men's Shirts primarily from: Peru ($16.2M), China ($5.74M), Bangladesh ($3.41M), Germany ($2.79M), and India ($1.5M).

The fastest growing import markets in Knit Men's Shirts for Brazil between 2021 and 2022 were Peru ($6.92M), Germany ($2.06M), and China ($1.05M).

Latest Trends

July 2024

About

Overview In July 2024 Brazil's Knit Men's Shirts exports accounted up to $717k and imports accounted up to $6.35M, resulting in a negative trade balance of $5.64M. Between July 2023 and July 2024 the exports of Brazil's   Knit Men's Shirts have increased by $271k (60.9%) from $445k to $717k, while imports increased by $1.49M (30.7%) from $4.86M to $6.35M.

Destinations In July 2024, Knit Men's Shirts were exported mostly to Paraguay ($294k), Argentina ($210k), Chile ($51.6k), United States ($51.5k), and Uruguay ($16.2k), and were imported mostly from Peru ($2.26M), China ($2.16M), Bangladesh ($685k), Turkey ($273k), and India ($149k).

Growth In July 2024, the increase in Knit Men's Shirts's year-by-year exports was explained primarily by an increase in exports to Argentina ($115k or 1.59k%), Paraguay ($31.4k or 116%), and Mexico ($19.1k or 3.23k%). In July 2024, the increase in Knit Men's Shirts's year-by-year imports was explained primarily by an increase in imports from Peru ($3.17M or 399%), Vietnam ($280k or 510%), and Turkey ($91.7k or 331%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$271k(60.9%)
IMPORT GROWTH (July 2023 - July 2024)$1.49M(30.7%)
MAIN EXPORTER (July 2024)Minas Gerais$665k
MAIN DESTINATION (July 2024)Paraguay$294k

This section shows Knit Men's Shirts'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 Knit Men's Shirts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.88M
IMPORTS (2022)$37.6M
NET TRADE (2022)-$33.7M

In 2022, Brazil exported $3.88M in Knit Men's Shirts. The main destinations of Brazil exports on Knit Men's Shirts were Paraguay ($1.76M), Uruguay ($334k), Colombia ($277k), Qatar ($241k), and Ecuador ($237k).

In 2022, Brazil imported $37.6M in Knit Men's Shirts, mainly from Peru ($16.2M), China ($5.74M), Bangladesh ($3.41M), Germany ($2.79M), and India ($1.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Men's Shirts EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Paraguay$651k (58.5%)
Qatar$241k (1%)
Uruguay$142k (73.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Men's Shirts BY Brazil WERE (2021 - 2022):
Colombia-$111k (-28.5%)
Argentina-$77k (-73.8%)
Mozambique-$48.7k (-95.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Knit Men's Shirts were:
Bangladesh $1.44B
China $1.42B
Vietnam $920M
In 2022, Brazil's main importing competitors in Knit Men's Shirts were:
United States $2.7B
Germany $804M
United Kingdom $512M

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Trade Value of Knit Men's Shirts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $485k
TOP IMPORT POTENTIALBangladesh+ $3.94M

Knit Men's Shirts’s highest export potential is United States. With an export gap of $485k.   Knit Men's Shirts’s highest import potential is Bangladesh with an import gap of $3.94M.

See methodology.

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