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2022
Exports $154kWorld Rnk 44 / 161
Flag Rnk 1071 / 1206
2022
Destination $21.1k Indonesia
2021 - 2022
FASTEST GROWING MARKET $21.1kArgentina
2022
Imports $3.17MWorld Rnk 27 / 207
Flag Rnk 939 / 1198
2022
Origin $29.2k China
2021 - 2022
FASTEST GROWING ORIGIN $29.2kSouth Korea
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $154k in Iron Sewing Needles, making it the 44th largest exporter of Iron Sewing Needles in the world. At the same year, Iron Sewing Needles was the 1071st most exported product in Brazil. The main destination of Iron Sewing Needles exports from Brazil are: Indonesia ($24.8k), Argentina ($21.3k), Bolivia ($16.5k), South Africa ($15.9k), and Paraguay ($13.5k).

The fastest growing export markets for Iron Sewing Needles of Brazil between 2021 and 2022 were Argentina ($21.1k), South Africa ($14k), and Philippines ($7.47k).

Imports In 2022, Brazil imported $3.17M in Iron Sewing Needles, becoming the 27th largest importer of Iron Sewing Needles in the world. At the same year, Iron Sewing Needles was the 939th most imported product in Brazil. Brazil imports Iron Sewing Needles primarily from: China ($2.25M), Czechia ($180k), United States ($165k), South Korea ($139k), and Hong Kong ($122k).

The fastest growing import markets in Iron Sewing Needles for Brazil between 2021 and 2022 were South Korea ($29.2k), Italy ($22.2k), and United States ($17k).

Latest Trends

July 2024

About

Overview In July 2024 Brazil's Iron Sewing Needles exports accounted up to $4.42k and imports accounted up to $168k, resulting in a negative trade balance of $164k. Between July 2023 and July 2024 the exports of Brazil's   Iron Sewing Needles have increased by $1.74k (64.7%) from $2.68k to $4.42k, while imports increased by $19.1k (12.8%) from $149k to $168k.

Destinations In July 2024, Iron Sewing Needles were exported mostly to Paraguay ($1.76k), Mauritius ($908), Portugal ($777), Uruguay ($762), and Puerto Rico ($119), and were imported mostly from China ($139k), Chinese Taipei ($12.9k), United Kingdom ($11.7k), Japan ($1.49k), and Austria ($1.45k).

Growth In July 2024, the increase in Iron Sewing Needles's year-by-year exports was explained primarily by an increase in exports to Bolivia ($2.76k or 353%) and Chile ($15 or 125%). In July 2024, the increase in Iron Sewing Needles's year-by-year imports was explained primarily by an increase in imports from Hong Kong ($51.2k or 21.6k%), Chinese Taipei ($5.71k or 435%), and United Kingdom ($1.5k or 61.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$1.74k(64.7%)
IMPORT GROWTH (July 2023 - July 2024)$19.1k(12.8%)
MAIN EXPORTER (July 2024)Santa Catarina$4.33k
MAIN DESTINATION (July 2024)Paraguay$1.76k

This section shows Iron Sewing Needles'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 Iron Sewing Needles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$154k
IMPORTS (2022)$3.17M
NET TRADE (2022)-$3.02M

In 2022, Brazil exported $154k in Iron Sewing Needles. The main destinations of Brazil exports on Iron Sewing Needles were Indonesia ($24.8k), Argentina ($21.3k), Bolivia ($16.5k), South Africa ($15.9k), and Paraguay ($13.5k).

In 2022, Brazil imported $3.17M in Iron Sewing Needles, mainly from China ($2.25M), Czechia ($180k), United States ($165k), South Korea ($139k), and Hong Kong ($122k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Sewing Needles EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Argentina$21.1k (12.4k%)
South Africa$14k (748%)
Philippines$7.47k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Sewing Needles BY Brazil WERE (2021 - 2022):
India-$76k (-99.5%)
Honduras-$17.2k (-100%)
Trinidad and Tobago-$5.8k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Iron Sewing Needles were:
China $164M
Japan $21.4M
United States $19.9M
In 2022, Brazil's main importing competitors in Iron Sewing Needles were:
United States $49.2M
Indonesia $25.8M
Malaysia $22.4M

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Trade Value of Iron Sewing Needles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $13.3k
TOP IMPORT POTENTIALChina+ $194k

Iron Sewing Needles’s highest export potential is Indonesia. With an export gap of $13.3k.   Iron Sewing Needles’s highest import potential is China with an import gap of $194k.

See methodology.

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