Non-Knit Men's Suits in Brazil | The Observatory of Economic Complexity

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Exports In 2022, Brazil exported $8.16M in Non-Knit Men's Suits, making it the 86th largest exporter of Non-Knit Men's Suits in the world. At the same year, Non-Knit Men's Suits was the 631st most exported product in Brazil. The main destination of Non-Knit Men's Suits exports from Brazil are: Paraguay ($2.38M), Uruguay ($1.96M), Argentina ($843k), United States ($636k), and Bolivia ($240k).

The fastest growing export markets for Non-Knit Men's Suits of Brazil between 2021 and 2022 were Uruguay ($688k), Paraguay ($395k), and United States ($350k).

Imports In 2022, Brazil imported $145M in Non-Knit Men's Suits, becoming the 47th largest importer of Non-Knit Men's Suits in the world. At the same year, Non-Knit Men's Suits was the 267th most imported product in Brazil. Brazil imports Non-Knit Men's Suits primarily from: China ($48.1M), Bangladesh ($22.8M), Spain ($14.1M), Vietnam ($8.84M), and Pakistan ($7.33M).

The fastest growing import markets in Non-Knit Men's Suits for Brazil between 2021 and 2022 were China ($8.96M), Spain ($4.3M), and Vietnam ($2.46M).

Latest Trends

March 2024

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Overview In March 2024 Brazil's Non-Knit Men's Suits exports accounted up to $396k and imports accounted up to $10.8M, resulting in a negative trade balance of $10.4M. Between March 2023 and March 2024 the exports of Brazil's Non-Knit Men's Suits have decreased by $-2.38k (-0.6%) from $399k to $396k, while imports increased by $1.37M (14.5%) from $9.44M to $10.8M.

Destinations In March 2024, Non-Knit Men's Suits were exported mostly to Paraguay ($140k), United States ($96.3k), Uruguay ($80.8k), Argentina ($16.4k), and Panama ($10.2k), and were imported mostly from China ($3.61M), Bangladesh ($1.65M), Paraguay ($932k), Vietnam ($854k), and Turkey ($613k).

Growth In March 2024, the decrease in Non-Knit Men's Suits's year-by-year exports was explained primarily by a decrease in exports to Paraguay ($-26.3k or -32%), Costa Rica ($-14k or -99.6%), and Jamaica ($-13.5k or -80.4%). In March 2024, the increase in Non-Knit Men's Suits's year-by-year imports was explained primarily by an increase in imports from Bangladesh ($899k or 55.3%), Vietnam ($748k or 132%), and China ($718k or 26.3%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)$-2.38k(-0.6%)

IMPORT GROWTH (March 2023 - March 2024)$1.37M(14.5%)

MAIN EXPORTER (March 2024)Santa Catarina$280k

MAIN DESTINATION (March 2024)Paraguay$140k

This section shows Non-Knit Men's Suits'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 Non-Knit Men's Suits over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$8.16M

IMPORTS (2022)$145M

NET TRADE (2022)-$137M

In 2022, Brazil exported $8.16M in Non-Knit Men's Suits. The main destinations of Brazil exports on Non-Knit Men's Suits were Paraguay ($2.38M), Uruguay ($1.96M), Argentina ($843k), United States ($636k), and Bolivia ($240k).

In 2022, Brazil imported $145M in Non-Knit Men's Suits, mainly from China ($48.1M), Bangladesh ($22.8M), Spain ($14.1M), Vietnam ($8.84M), and Pakistan ($7.33M).

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