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2022
Exports $377MWorld Rnk 29 / 221
Flag Rnk 86 / 1206
2022
Destination $13.3M Argentina
2021 - 2022
FASTEST GROWING MARKET $13.3MArgentina
2022
PRODUCT COMPLEXITY IN Liquid Pumps1.19Rnk 105 / 1025
2022
Imports $1.14BWorld Rnk 16 / 225
Flag Rnk 46 / 1198
2022
Origin $26.8MN/A
2021 - 2022
FASTEST GROWING ORIGIN $26.8MUnited States
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $377M in Liquid Pumps, making it the 29th largest exporter of Liquid Pumps in the world. At the same year, Liquid Pumps was the 86th most exported product in Brazil. The main destination of Liquid Pumps exports from Brazil are: Argentina ($54.4M), United States ($44.5M), Germany ($40.9M), Mexico ($30.2M), and China ($26.4M).

The fastest growing export markets for Liquid Pumps of Brazil between 2021 and 2022 were Argentina ($13.3M), Germany ($9.12M), and United States ($8.46M).

Imports In 2022, Brazil imported $1.14B in Liquid Pumps, becoming the 16th largest importer of Liquid Pumps in the world. At the same year, Liquid Pumps was the 46th most imported product in Brazil. Brazil imports Liquid Pumps primarily from: N/A.

The fastest growing import markets in Liquid Pumps for Brazil between 2021 and 2022 were United States ($26.8M), China ($19.6M), and Switzerland ($8.7M).

COMPANIES In 2023, leading companies such as Schindler Elevators (13), Robert Bosch (5), and Volvo (1) were at the forefront of shipping Liquid Pumps from Brazil to the United States.

Latest Trends

July 2024

About

Overview In July 2024 Brazil's Liquid Pumps exports accounted up to $34.7M and imports accounted up to $201M, resulting in a negative trade balance of $166M. Between July 2023 and July 2024 the exports of Brazil's   Liquid Pumps have increased by $774k (2.28%) from $33.9M to $34.7M, while imports increased by $103M (107%) from $97.1M to $201M.

Destinations In July 2024, Liquid Pumps were exported mostly to United States ($6.02M), Argentina ($3.52M), Pakistan ($2.45M), Germany ($2.41M), and Singapore ($2.06M), and were imported mostly from Norway ($73.2M), China ($34.2M), United States ($29.7M), Germany ($13.8M), and Mexico ($7.19M).

Growth In July 2024, the increase in Liquid Pumps's year-by-year exports was explained primarily by an increase in exports to China ($5.67M or 451%), Czechia ($932k or 866%), and Singapore ($781k or 49.4k%). In July 2024, the increase in Liquid Pumps's year-by-year imports was explained primarily by an increase in imports from Germany ($6.55M or 77.3%), United States ($3.96M or 25.7%), and Singapore ($3.5M or 252%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$774k(2.28%)
IMPORT GROWTH (July 2023 - July 2024)$103M(107%)
MAIN EXPORTER (July 2024)São Paulo$29.9M
MAIN DESTINATION (July 2024)United States$6.02M

This section shows Liquid Pumps'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 Liquid Pumps over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$377M
IMPORTS (2022)$1.14B
NET TRADE (2022)-$761M

In 2022, Brazil exported $377M in Liquid Pumps. The main destinations of Brazil exports on Liquid Pumps were Argentina ($54.4M), United States ($44.5M), Germany ($40.9M), Mexico ($30.2M), and China ($26.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Liquid Pumps EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Argentina$13.3M (32.6%)
Germany$9.12M (28.7%)
United States$8.46M (23.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Liquid Pumps BY Brazil WERE (2021 - 2022):
China-$55.3M (-67.7%)
Brazil-$11.8M (-92.3%)
Singapore-$8.52M (-70.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Liquid Pumps were:
China $12.2B
Germany $11B
United States $8.25B
In 2022, Brazil's main importing competitors in Liquid Pumps were:
United States $11.7B
Germany $5.33B
China $4.29B

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Trade Value of Liquid Pumps by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $42.6M
TOP IMPORT POTENTIALChina+ $68.3M

Liquid Pumps’s highest export potential is United States. With an export gap of $42.6M.   Liquid Pumps’s highest import potential is China with an import gap of $68.3M.

See methodology.

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