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2022
Exports $86.2MWorld Rnk 49 / 226
Flag Rnk 258 / 1206
2022
Destination $3.84M United States
2021 - 2022
FASTEST GROWING MARKET $3.84MUnited States
2022
PRODUCT COMPLEXITY IN Office Machine Parts1.32Rnk 90 / 1025
2022
Imports $2.23BWorld Rnk 28 / 224
Flag Rnk 20 / 1198
2022
Origin $107M China
2021 - 2022
FASTEST GROWING ORIGIN $107MHong Kong
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $86.2M in Office Machine Parts, making it the 49th largest exporter of Office Machine Parts in the world. At the same year, Office Machine Parts was the 258th most exported product in Brazil. The main destination of Office Machine Parts exports from Brazil are: United States ($22.1M), Argentina ($11.9M), Panama ($7.65M), India ($6.59M), and China ($6M).

The fastest growing export markets for Office Machine Parts of Brazil between 2021 and 2022 were United States ($3.84M), Argentina ($2.58M), and Vietnam ($2.33M).

Imports In 2022, Brazil imported $2.23B in Office Machine Parts, becoming the 28th largest importer of Office Machine Parts in the world. At the same year, Office Machine Parts was the 20th most imported product in Brazil. Brazil imports Office Machine Parts primarily from: China ($1.32B), United States ($269M), Hong Kong ($144M), Vietnam ($131M), and Philippines ($56.1M).

The fastest growing import markets in Office Machine Parts for Brazil between 2021 and 2022 were Hong Kong ($107M), Vietnam ($29.3M), and Thailand ($12.6M).

COMPANIES In 2023, leading companies such as TE Connectivity (4) were at the forefront of shipping Office Machine Parts from Brazil to the United States.

Latest Trends

July 2024

About

Overview In July 2024 Brazil's Office Machine Parts exports accounted up to $1.91M and imports accounted up to $95.7M, resulting in a negative trade balance of $93.7M. Between July 2023 and July 2024 the exports of Brazil's   Office Machine Parts have decreased by $-460k (-19.4%) from $2.37M to $1.91M, while imports increased by $1.46M (1.55%) from $94.2M to $95.7M.

Destinations In July 2024, Office Machine Parts were exported mostly to United States ($978k), Chinese Taipei ($150k), Hong Kong ($108k), France ($101k), and China ($76.1k), and were imported mostly from China ($66.5M), Vietnam ($13.1M), South Korea ($4.49M), Chinese Taipei ($3.08M), and United States ($2.09M).

Growth In July 2024, the decrease in Office Machine Parts's year-by-year exports was explained primarily by a decrease in exports to Indonesia ($-129k or -79.4%), India ($-118k or -92.9%), and United States ($-90.6k or -4%). In July 2024, the increase in Office Machine Parts's year-by-year imports was explained primarily by an increase in imports from Vietnam ($1.02M or 18.6%), Italy ($870k or 1.45k%), and Singapore ($317k or 201%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-460k(-19.4%)
IMPORT GROWTH (July 2023 - July 2024)$1.46M(1.55%)
MAIN EXPORTER (July 2024)São Paulo$2.48M
MAIN DESTINATION (July 2024)United States$978k

This section shows Office Machine Parts'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 Office Machine Parts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$86.2M
IMPORTS (2022)$2.23B
NET TRADE (2022)-$2.14B

In 2022, Brazil exported $86.2M in Office Machine Parts. The main destinations of Brazil exports on Office Machine Parts were United States ($22.1M), Argentina ($11.9M), Panama ($7.65M), India ($6.59M), and China ($6M).

In 2022, Brazil imported $2.23B in Office Machine Parts, mainly from China ($1.32B), United States ($269M), Hong Kong ($144M), Vietnam ($131M), and Philippines ($56.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Office Machine Parts EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
United States$3.84M (21.1%)
Argentina$2.58M (27.6%)
Vietnam$2.33M (876%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Office Machine Parts BY Brazil WERE (2021 - 2022):
Peru-$5.1M (-76.2%)
Chile-$3.89M (-50.3%)
Panama-$2.44M (-24.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Office Machine Parts were:
China $111B
Chinese Taipei $26.4B
United States $22.5B
In 2022, Brazil's main importing competitors in Office Machine Parts were:
United States $60.3B
Hong Kong $30.5B
China $27.2B

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Trade Value of Office Machine Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $15.1M
TOP IMPORT POTENTIALChina+ $53.5M

Office Machine Parts’s highest export potential is United States. With an export gap of $15.1M.   Office Machine Parts’s highest import potential is China with an import gap of $53.5M.

See methodology.

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