Plastic Lids in Brazil | The Observatory of Economic Complexity

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Exports In 2022, Brazil exported $226M in Plastic Lids, making it the 43rd largest exporter of Plastic Lids in the world. At the same year, Plastic Lids was the 124th most exported product in Brazil. The main destination of Plastic Lids exports from Brazil are: Argentina ($52.8M), United States ($26.7M), Paraguay ($26.7M), Chile ($22.9M), and Uruguay ($19.3M).

The fastest growing export markets for Plastic Lids of Brazil between 2021 and 2022 were Argentina ($8.39M), United States ($4.71M), and Chile ($3.48M).

Imports In 2022, Brazil imported $477M in Plastic Lids, becoming the 31st largest importer of Plastic Lids in the world. At the same year, Plastic Lids was the 104th most imported product in Brazil. Brazil imports Plastic Lids primarily from: Uruguay ($159M), China ($70.5M), Paraguay ($47.8M), United States ($40.4M), and Germany ($27.8M).

The fastest growing import markets in Plastic Lids for Brazil between 2021 and 2022 were Uruguay ($35.4M), China ($9.08M), and United States ($6.49M).

COMPANIES In 2023, leading companies such as SOCIETE DES ALCOOLS DU QUEBEC (46), TOYOTA MOTOR MANUFACTURING (25), and CONTINENTAL AUTOMOTIVE SYSTEMS, INC (5) were at the forefront of shipping Plastic Lids from Brazil to the United States.

Latest Trends

March 2024

About

Overview In March 2024 Brazil's Plastic Lids exports accounted up to $19.4M and imports accounted up to $36.4M, resulting in a negative trade balance of $17M. Between March 2023 and March 2024 the exports of Brazil's Plastic Lids have increased by $1.04M (5.69%) from $18.4M to $19.4M, while imports decreased by $-633k (-1.71%) from $37M to $36.4M.

Destinations In March 2024, Plastic Lids were exported mostly to Argentina ($3.93M), Chile ($2.51M), Paraguay ($2.23M), Colombia ($1.86M), and Uruguay ($1.8M), and were imported mostly from Uruguay ($12.2M), China ($6.91M), Paraguay ($4.22M), Germany ($2.42M), and United States ($1.63M).

Growth In March 2024, the increase in Plastic Lids's year-by-year exports was explained primarily by an increase in exports to Bolivia ($842k or 205%), Argentina ($561k or 14.1%), and United States ($343k or 33.3%). In March 2024, the decrease in Plastic Lids's year-by-year imports was explained primarily by a decrease in imports from Argentina ($-732k or -39.1%), Paraguay ($-698k or -20.1%), and United States ($-575k or -20.7%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)$1.04M(5.69%)

IMPORT GROWTH (March 2023 - March 2024)$-633k(-1.71%)

MAIN EXPORTER (March 2024)São Paulo$10.5M

MAIN DESTINATION (March 2024)Argentina$3.93M

This section shows Plastic Lids'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 Plastic Lids over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$226M

IMPORTS (2022)$477M

NET TRADE (2022)-$250M

In 2022, Brazil exported $226M in Plastic Lids. The main destinations of Brazil exports on Plastic Lids were Argentina ($52.8M), United States ($26.7M), Paraguay ($26.7M), Chile ($22.9M), and Uruguay ($19.3M).

In 2022, Brazil imported $477M in Plastic Lids, mainly from Uruguay ($159M), China ($70.5M), Paraguay ($47.8M), United States ($40.4M), and Germany ($27.8M).

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