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2022
Exports $48.8MWorld Rnk 14 / 122
Flag Rnk 336 / 1206
2022
Destination $18.2M Argentina
2021 - 2022
FASTEST GROWING MARKET $18.2MArgentina
2022
PRODUCT COMPLEXITY IN Steam Turbines0.39Rnk 412 / 1025
2022
Imports $21.3MWorld Rnk 39 / 191
Flag Rnk 632 / 1198
2022
Origin $1.73M Germany
2021 - 2022
FASTEST GROWING ORIGIN $1.73MUnited States
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $48.8M in Steam Turbines, making it the 14th largest exporter of Steam Turbines in the world. At the same year, Steam Turbines was the 336th most exported product in Brazil. The main destination of Steam Turbines exports from Brazil are: Argentina ($19.6M), France ($10.9M), Germany ($5.54M), United States ($4.25M), and Switzerland ($1.61M).

The fastest growing export markets for Steam Turbines of Brazil between 2021 and 2022 were Argentina ($18.2M), France ($7.13M), and Switzerland ($1.61M).

Imports In 2022, Brazil imported $21.3M in Steam Turbines, becoming the 39th largest importer of Steam Turbines in the world. At the same year, Steam Turbines was the 632nd most imported product in Brazil. Brazil imports Steam Turbines primarily from: Germany ($4.95M), United States ($4.04M), Czechia ($2.18M), South Korea ($1.89M), and India ($1.64M).

The fastest growing import markets in Steam Turbines for Brazil between 2021 and 2022 were United States ($1.73M), India ($1.47M), and United Kingdom ($1.11M).

Latest Trends

July 2024

About

Overview In July 2024 Brazil's Steam Turbines exports accounted up to $3.47M and imports accounted up to $597k, resulting in a positive trade balance of $2.87M. Between July 2023 and July 2024 the exports of Brazil's   Steam Turbines have increased by $679k (24.3%) from $2.79M to $3.47M, while imports decreased by $-292k (-32.9%) from $890k to $597k.

Destinations In July 2024, Steam Turbines were exported mostly to Germany ($1.41M), Slovenia ($652k), Paraguay ($412k), France ($280k), and Cuba ($255k), and were imported mostly from Germany ($365k), United States ($199k), China ($21.6k), United Kingdom ($10.5k), and Spain ($552).

Growth In July 2024, the increase in Steam Turbines's year-by-year exports was explained primarily by an increase in exports to Argentina ($315k or 3.35k%), Honduras ($31.8k or 4.15k%), and Venezuela ($30.1k or 603%). In July 2024, the decrease in Steam Turbines's year-by-year imports was explained primarily by a decrease in imports from Poland ($-658 or -4.39%) and China ($-424 or -1.41%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$679k(24.3%)
IMPORT GROWTH (July 2023 - July 2024)$-292k(-32.9%)
MAIN EXPORTER (July 2024)São Paulo$5.64M
MAIN DESTINATION (July 2024)Germany$1.41M

This section shows Steam Turbines'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 Steam Turbines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$48.8M
IMPORTS (2022)$21.3M
NET TRADE (2022)$27.6M

In 2022, Brazil exported $48.8M in Steam Turbines. The main destinations of Brazil exports on Steam Turbines were Argentina ($19.6M), France ($10.9M), Germany ($5.54M), United States ($4.25M), and Switzerland ($1.61M).

In 2022, Brazil imported $21.3M in Steam Turbines, mainly from Germany ($4.95M), United States ($4.04M), Czechia ($2.18M), South Korea ($1.89M), and India ($1.64M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Steam Turbines EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Argentina$18.2M (1.32k%)
France$7.13M (187%)
Switzerland$1.61M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Steam Turbines BY Brazil WERE (2021 - 2022):
Germany-$2.57M (-31.7%)
Mexico-$2.57M (-94.4%)
United States-$1.48M (-25.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Steam Turbines were:
Japan $678M
Germany $516M
China $502M
In 2022, Brazil's main importing competitors in Steam Turbines were:
Indonesia $262M
United States $211M
Bangladesh $188M

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Trade Value of Steam Turbines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.76M
TOP IMPORT POTENTIALChina+ $1.23M

Steam Turbines’s highest export potential is United States. With an export gap of $2.76M.   Steam Turbines’s highest import potential is China with an import gap of $1.23M.

See methodology.

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