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2022
Exports $37.5kWorld Rnk 53 / 92
Flag Rnk 1140 / 1206
2022
Destination $6.28k Mexico
2021 - 2022
FASTEST GROWING MARKET $6.28kArgentina
2022
PRODUCT COMPLEXITY IN Artificial Textile Machinery1.99Rnk 5 / 1025
2022
Imports $28.2MWorld Rnk 8 / 168
Flag Rnk 575 / 1198
2022
Origin $15.3M South Korea
2021 - 2022
FASTEST GROWING ORIGIN $15.3MSouth Korea
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $37.5k in Artificial Textile Machinery, making it the 53rd largest exporter of Artificial Textile Machinery in the world. At the same year, Artificial Textile Machinery was the 1140th most exported product in Brazil. The main destination of Artificial Textile Machinery exports from Brazil are: Mexico ($24.5k), Argentina ($9.47k), Bolivia ($1.12k), Guatemala ($1.09k), and El Salvador ($1.05k).

The fastest growing export markets for Artificial Textile Machinery of Brazil between 2021 and 2022 were Argentina ($6.28k), Bolivia ($1.12k), and Guatemala ($1.09k).

Imports In 2022, Brazil imported $28.2M in Artificial Textile Machinery, becoming the 8th largest importer of Artificial Textile Machinery in the world. At the same year, Artificial Textile Machinery was the 575th most imported product in Brazil. Brazil imports Artificial Textile Machinery primarily from: South Korea ($15.8M), China ($7.79M), Austria ($3.14M), India ($603k), and Turkey ($334k).

The fastest growing import markets in Artificial Textile Machinery for Brazil between 2021 and 2022 were South Korea ($15.3M), China ($4.16M), and Austria ($2.26M).

Latest Trends

May 2024

About

Overview In May 2024 Brazil's Artificial Textile Machinery exports accounted up to $182 and imports accounted up to $57k, resulting in a negative trade balance of $56.9k. Between July 2022 and May 2024 the exports of Brazil's   Artificial Textile Machinery have decreased by $-5.17k (-96.6%) from $5.35k to $182, while imports increased by $13k (29.5%) from $44k to $57k.

Destinations In May 2024, Artificial Textile Machinery were exported mostly to , and were imported mostly from Denmark ($44.5k), Germany ($6.52k), and China ($6.02k).

Growth In May 2024, the decrease in Artificial Textile Machinery's year-by-year exports was explained primarily by a decrease in exports to . In July 2024, the increase in Artificial Textile Machinery's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2022 - May 2024)$-5.17k(-96.6%)
IMPORT GROWTH (July 2023 - July 2024)$13k(29.5%)
MAIN EXPORTER (May 2024)São Paulo$182
MAIN DESTINATION (May 2024)

This section shows Artificial Textile Machinery'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 Artificial Textile Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$37.5k
IMPORTS (2022)$28.2M
NET TRADE (2022)-$28.2M

In 2022, Brazil exported $37.5k in Artificial Textile Machinery. The main destinations of Brazil exports on Artificial Textile Machinery were Mexico ($24.5k), Argentina ($9.47k), Bolivia ($1.12k), Guatemala ($1.09k), and El Salvador ($1.05k).

In 2022, Brazil imported $28.2M in Artificial Textile Machinery, mainly from South Korea ($15.8M), China ($7.79M), Austria ($3.14M), India ($603k), and Turkey ($334k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Artificial Textile Machinery EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Argentina$6.28k (197%)
Bolivia$1.12k (1%)
Guatemala$1.09k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Artificial Textile Machinery BY Brazil WERE (2021 - 2022):
Mexico-$1.69M (-98.6%)
Chile-$17.6k (-100%)
Paraguay-$9.67k (-97.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Artificial Textile Machinery were:
Germany $678M
China $325M
Japan $159M
In 2022, Brazil's main importing competitors in Artificial Textile Machinery were:
China $489M
Turkey $190M
India $161M

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Trade Value of Artificial Textile Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALArgentina+ $4.87k
TOP IMPORT POTENTIALChina+ $813k

Artificial Textile Machinery’s highest export potential is Argentina. With an export gap of $4.87k.   Artificial Textile Machinery’s highest import potential is China with an import gap of $813k.

See methodology.

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