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2022
Exports $166MWorld Rnk 29 / 224
Flag Rnk 168 / 1206
2022
Destination $11.8M Argentina
2021 - 2022
FASTEST GROWING MARKET $11.8MArgentina
2022
PRODUCT COMPLEXITY IN Iron Fasteners1.68Rnk 27 / 1025
2022
Imports $928MWorld Rnk 16 / 225
Flag Rnk 56 / 1198
2022
Origin $48.6M China
2021 - 2022
FASTEST GROWING ORIGIN $48.6MChina
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $166M in Iron Fasteners, making it the 29th largest exporter of Iron Fasteners in the world. At the same year, Iron Fasteners was the 168th most exported product in Brazil. The main destination of Iron Fasteners exports from Brazil are: Argentina ($53.9M), United States ($33.4M), Paraguay ($15.4M), Germany ($8.64M), and France ($7.39M).

The fastest growing export markets for Iron Fasteners of Brazil between 2021 and 2022 were Argentina ($11.8M), United States ($7.07M), and Germany ($2.17M).

Imports In 2022, Brazil imported $928M in Iron Fasteners, becoming the 16th largest importer of Iron Fasteners in the world. At the same year, Iron Fasteners was the 56th most imported product in Brazil. Brazil imports Iron Fasteners primarily from: China ($313M), United States ($140M), Germany ($91.9M), Japan ($85.8M), and Italy ($48.8M).

The fastest growing import markets in Iron Fasteners for Brazil between 2021 and 2022 were China ($48.6M), United States ($28.8M), and Japan ($9.26M).

COMPANIES In 2023, leading companies such as Volvo (9), Danfoss (9), and CNH Industrial (1) were at the forefront of shipping Iron Fasteners from Brazil to the United States.

Latest Trends

July 2024

About

Overview In July 2024 Brazil's Iron Fasteners exports accounted up to $14.6M and imports accounted up to $95M, resulting in a negative trade balance of $80.4M. Between July 2023 and July 2024 the exports of Brazil's   Iron Fasteners have increased by $1.2M (8.97%) from $13.4M to $14.6M, while imports increased by $16.6M (21.1%) from $78.4M to $95M.

Destinations In July 2024, Iron Fasteners were exported mostly to United States ($4.12M), Argentina ($3.15M), Paraguay ($1.29M), Germany ($736k), and Mexico ($592k), and were imported mostly from China ($24.4M), United States ($17.3M), Germany ($7.75M), Italy ($7.36M), and Japan ($7.25M).

Growth In July 2024, the increase in Iron Fasteners's year-by-year exports was explained primarily by an increase in exports to United States ($536k or 32%), Chile ($520k or 195%), and Paraguay ($498k or 78.1%). In July 2024, the increase in Iron Fasteners's year-by-year imports was explained primarily by an increase in imports from United States ($1.54M or 12.8%), Germany ($1.51M or 19.8%), and France ($977k or 31.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$1.2M(8.97%)
IMPORT GROWTH (July 2023 - July 2024)$16.6M(21.1%)
MAIN EXPORTER (July 2024)São Paulo$7.5M
MAIN DESTINATION (July 2024)United States$4.12M

This section shows Iron Fasteners'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 Iron Fasteners over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$166M
IMPORTS (2022)$928M
NET TRADE (2022)-$762M

In 2022, Brazil exported $166M in Iron Fasteners. The main destinations of Brazil exports on Iron Fasteners were Argentina ($53.9M), United States ($33.4M), Paraguay ($15.4M), Germany ($8.64M), and France ($7.39M).

In 2022, Brazil imported $928M in Iron Fasteners, mainly from China ($313M), United States ($140M), Germany ($91.9M), Japan ($85.8M), and Italy ($48.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Fasteners EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Argentina$11.8M (27.9%)
United States$7.07M (26.8%)
Germany$2.17M (33.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Fasteners BY Brazil WERE (2021 - 2022):
India-$1.21M (-43.7%)
China-$905k (-43.7%)
Qatar-$602k (-91.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Iron Fasteners were:
China $12B
Germany $7.11B
Chinese Taipei $6.56B
In 2022, Brazil's main importing competitors in Iron Fasteners were:
United States $7.91B
Germany $4.86B
Mexico $2.97B

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Trade Value of Iron Fasteners by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $22.6M
TOP IMPORT POTENTIALChina+ $54.5M

Iron Fasteners’s highest export potential is United States. With an export gap of $22.6M.   Iron Fasteners’s highest import potential is China with an import gap of $54.5M.

See methodology.

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