Tractors in Brazil | The Observatory of Economic Complexity

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Exports In 2022, Brazil exported $1.79B in Tractors, making it the 13th largest exporter of Tractors in the world. At the same year, Tractors was the 28th most exported product in Brazil. The main destination of Tractors exports from Brazil are: United States ($483M), Chile ($327M), Argentina ($219M), Peru ($127M), and Colombia ($118M).

The fastest growing export markets for Tractors of Brazil between 2021 and 2022 were Chile ($99.6M), Colombia ($66.5M), and United States ($54.8M).

Imports In 2022, Brazil imported $367M in Tractors, becoming the 37th largest importer of Tractors in the world. At the same year, Tractors was the 133rd most imported product in Brazil. Brazil imports Tractors primarily from: United States ($105M), India ($81.7M), Germany ($68.1M), China ($44.2M), and France ($20M).

The fastest growing import markets in Tractors for Brazil between 2021 and 2022 were China ($41.5M), India ($32.3M), and Germany ($22M).

COMPANIES In 2023, leading companies such as CNH INDUSTRIAL AMERICA LLC (80) and PACIFIC TRELLIS FRUIT (25) were at the forefront of shipping Tractors from Brazil to the United States.

Latest Trends

February 2024

About

Overview In February 2024 Brazil's Tractors exports accounted up to $87.4M and imports accounted up to $10.4M, resulting in a positive trade balance of $77M. Between February 2023 and February 2024 the exports of Brazil's Tractors have decreased by $-6.68M (-7.1%) from $94.1M to $87.4M, while imports decreased by $-31.1M (-75%) from $41.5M to $10.4M.

Destinations In February 2024, Tractors were exported mostly to Argentina ($22.3M), Peru ($18.4M), Chile ($15.2M), South Africa ($7.47M), and Uruguay ($4.81M), and were imported mostly from United States ($2.99M), France ($2.82M), India ($1.65M), Finland ($1.08M), and Canada ($764k).

Growth In February 2024, the decrease in Tractors's year-by-year exports was explained primarily by a decrease in exports to Argentina ($-8.97M or -73%), Peru ($-2.89M or -33%), and Tanzania ($-2.87M or -94.2%). In February 2024, the decrease in Tractors's year-by-year imports was explained primarily by a decrease in imports from India ($-599k or -13.5%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$-6.68M(-7.1%)

IMPORT GROWTH (February 2023 - February 2024)$-31.1M(-75%)

MAIN EXPORTER (February 2024)São Paulo$43.4M

MAIN DESTINATION (February 2024)Argentina$22.3M

This section shows Tractors'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 Tractors over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$1.79B

IMPORTS (2022)$367M

NET TRADE (2022)$1.43B

In 2022, Brazil exported $1.79B in Tractors. The main destinations of Brazil exports on Tractors were United States ($483M), Chile ($327M), Argentina ($219M), Peru ($127M), and Colombia ($118M).

In 2022, Brazil imported $367M in Tractors, mainly from United States ($105M), India ($81.7M), Germany ($68.1M), China ($44.2M), and France ($20M).

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