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2022
Exports $13.6MWorld Rnk 45 / 206
Flag Rnk 542 / 1206
2022
Destination $1.21M Argentina
2021 - 2022
FASTEST GROWING MARKET $1.21MColombia
2022
PRODUCT COMPLEXITY IN Bi-Wheel Vehicle Parts0.9Rnk 210 / 1025
2022
Imports $932MWorld Rnk 10 / 220
Flag Rnk 55 / 1198
2022
Origin $31.2M China
2021 - 2022
FASTEST GROWING ORIGIN $31.2MIndia
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $13.6M in Bi-Wheel Vehicle Parts, making it the 45th largest exporter of Bi-Wheel Vehicle Parts in the world. At the same year, Bi-Wheel Vehicle Parts was the 542nd most exported product in Brazil. The main destination of Bi-Wheel Vehicle Parts exports from Brazil are: Argentina ($4.48M), Colombia ($1.59M), Paraguay ($1.27M), United States ($1.06M), and Bolivia ($761k).

The fastest growing export markets for Bi-Wheel Vehicle Parts of Brazil between 2021 and 2022 were Colombia ($1.21M), China ($241k), and Qatar ($163k).

Imports In 2022, Brazil imported $932M in Bi-Wheel Vehicle Parts, becoming the 10th largest importer of Bi-Wheel Vehicle Parts in the world. At the same year, Bi-Wheel Vehicle Parts was the 55th most imported product in Brazil. Brazil imports Bi-Wheel Vehicle Parts primarily from: China ($381M), Indonesia ($89.2M), Japan ($87.3M), Thailand ($80.7M), and Chinese Taipei ($69.7M).

The fastest growing import markets in Bi-Wheel Vehicle Parts for Brazil between 2021 and 2022 were India ($31.2M), Chinese Taipei ($17.4M), and Japan ($14.5M).

COMPANIES In 2023, leading companies such as YAMAHA CORPORATION OF AMERICA (12), Xerox (1), and Toyota (1) were at the forefront of shipping Bi-Wheel Vehicle Parts from Brazil to the United States.

Latest Trends

July 2024

About

Overview In July 2024 Brazil's Bi-Wheel Vehicle Parts exports accounted up to $1.01M and imports accounted up to $83.5M, resulting in a negative trade balance of $82.5M. Between July 2023 and July 2024 the exports of Brazil's   Bi-Wheel Vehicle Parts have decreased by $-460k (-31.2%) from $1.47M to $1.01M, while imports increased by $6.44M (8.36%) from $77.1M to $83.5M.

Destinations In July 2024, Bi-Wheel Vehicle Parts were exported mostly to Argentina ($181k), Paraguay ($141k), United States ($126k), Colombia ($97.1k), and Uruguay ($85.7k), and were imported mostly from China ($33.1M), India ($13.5M), Japan ($6.34M), Thailand ($6.3M), and Chinese Taipei ($4.65M).

Growth In July 2024, the decrease in Bi-Wheel Vehicle Parts's year-by-year exports was explained primarily by a decrease in exports to Argentina ($-101k or -33.9%), United States ($-54.1k or -42.3%), and Paraguay ($-18.1k or -15.1%). In July 2024, the increase in Bi-Wheel Vehicle Parts's year-by-year imports was explained primarily by an increase in imports from China ($5.27M or 17.6%), India ($4.17M or 177%), and United States ($3.8M or 285%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-460k(-31.2%)
IMPORT GROWTH (July 2023 - July 2024)$6.44M(8.36%)
MAIN EXPORTER (July 2024)São Paulo$482k
MAIN DESTINATION (July 2024)Argentina$181k

This section shows Bi-Wheel Vehicle 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 Bi-Wheel Vehicle Parts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$13.6M
IMPORTS (2022)$932M
NET TRADE (2022)-$918M

In 2022, Brazil exported $13.6M in Bi-Wheel Vehicle Parts. The main destinations of Brazil exports on Bi-Wheel Vehicle Parts were Argentina ($4.48M), Colombia ($1.59M), Paraguay ($1.27M), United States ($1.06M), and Bolivia ($761k).

In 2022, Brazil imported $932M in Bi-Wheel Vehicle Parts, mainly from China ($381M), Indonesia ($89.2M), Japan ($87.3M), Thailand ($80.7M), and Chinese Taipei ($69.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bi-Wheel Vehicle Parts EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Colombia$1.21M (326%)
China$241k (566%)
Qatar$163k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bi-Wheel Vehicle Parts BY Brazil WERE (2021 - 2022):
Paraguay-$526k (-29.4%)
Thailand-$212k (-97.8%)
United States-$204k (-16.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Bi-Wheel Vehicle Parts were:
China $12B
Chinese Taipei $5.97B
Japan $2.21B
In 2022, Brazil's main importing competitors in Bi-Wheel Vehicle Parts were:
Germany $4.18B
United States $2.41B
Netherlands $1.58B

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Trade Value of Bi-Wheel Vehicle Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.68M
TOP IMPORT POTENTIALChina+ $31.3M

Bi-Wheel Vehicle Parts’s highest export potential is United States. With an export gap of $1.68M.   Bi-Wheel Vehicle Parts’s highest import potential is China with an import gap of $31.3M.

See methodology.

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