2022
Exports
$3.51MWorld Rnk 37 / 126
Flag Rnk 750 / 1206
2022
PRODUCT COMPLEXITY IN Casting Machines
0.63Rnk 304 / 1025
2022
Imports
$40.7MWorld Rnk 18 / 183
Flag Rnk 494 / 1198
2022
ECONOMIC COMPLEXITY of Brazil
0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $3.51M in Casting Machines, making it the 37th largest exporter of Casting Machines in the world. At the same year, Casting Machines was the 750th most exported product in Brazil. The main destination of Casting Machines exports from Brazil are: United States ($2.47M), Peru ($163k), Ecuador ($95.9k), China ($93.2k), and Colombia ($76.8k).

The fastest growing export markets for Casting Machines of Brazil between 2021 and 2022 were United States ($2.24M), Peru ($153k), and Chile ($51k).

Imports In 2022, Brazil imported $40.7M in Casting Machines, becoming the 18th largest importer of Casting Machines in the world. At the same year, Casting Machines was the 494th most imported product in Brazil. Brazil imports Casting Machines primarily from: Italy ($10.6M), China ($9.08M), Japan ($4.16M), United States ($3.28M), and Germany ($3.13M).

The fastest growing import markets in Casting Machines for Brazil between 2021 and 2022 were Italy ($4.47M), Japan ($2.67M), and United Kingdom ($809k).

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-129k(-62.1%)
IMPORT GROWTH (July 2023 - July 2024)$1.95M(126%)
MAIN EXPORTER (July 2024)Minas Gerais$532k
MAIN DESTINATION (July 2024)Chile$27.8k

This section shows Casting Machines'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 Casting Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.51M
IMPORTS (2022)$40.7M
NET TRADE (2022)-$37.2M

In 2022, Brazil exported $3.51M in Casting Machines. The main destinations of Brazil exports on Casting Machines were United States ($2.47M), Peru ($163k), Ecuador ($95.9k), China ($93.2k), and Colombia ($76.8k).

In 2022, Brazil imported $40.7M in Casting Machines, mainly from Italy ($10.6M), China ($9.08M), Japan ($4.16M), United States ($3.28M), and Germany ($3.13M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Casting Machines EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
United States$2.24M (997%)
Peru$153k (1.57k%)
Chile$51k (588%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Casting Machines BY Brazil WERE (2021 - 2022):
Canada-$676k (-92.6%)
Argentina-$392k (-85.5%)
Morocco-$319k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Casting Machines were:
China $862M
Italy $360M
Japan $267M
In 2022, Brazil's main importing competitors in Casting Machines were:

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Trade Value of Casting Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $708k
TOP IMPORT POTENTIALChina+ $3.36M

Casting Machines’s highest export potential is United States. With an export gap of $708k.   Casting Machines’s highest import potential is China with an import gap of $3.36M.

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