Insulated Wire in Brazil | The Observatory of Economic Complexity

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Exports In 2022, Brazil exported $522M in Insulated Wire, making it the 45th largest exporter of Insulated Wire in the world. At the same year, Insulated Wire was the 62nd most exported product in Brazil. The main destination of Insulated Wire exports from Brazil are: Argentina ($160M), Paraguay ($95.1M), United States ($54.2M), Bolivia ($42.2M), and Chile ($39.7M).

The fastest growing export markets for Insulated Wire of Brazil between 2021 and 2022 were Argentina ($35.5M), Paraguay ($18.9M), and Bolivia ($10.2M).

Imports In 2022, Brazil imported $1.23B in Insulated Wire, becoming the 33rd largest importer of Insulated Wire in the world. At the same year, Insulated Wire was the 39th most imported product in Brazil. Brazil imports Insulated Wire primarily from: China ($481M), Paraguay ($196M), United States ($139M), Germany ($68.6M), and Mexico ($35M).

The fastest growing import markets in Insulated Wire for Brazil between 2021 and 2022 were China ($30.4M), Paraguay ($20.2M), and United States ($12.2M).

COMPANIES In 2023, leading companies such as GOODYEAR TIRE & RUBBER CO. (7) were at the forefront of shipping Insulated Wire from Brazil to the United States.

Latest Trends

March 2024

About

Overview In March 2024 Brazil's Insulated Wire exports accounted up to $43.4M and imports accounted up to $113M, resulting in a negative trade balance of $69.2M. Between March 2023 and March 2024 the exports of Brazil's Insulated Wire have decreased by $-6.6M (-13.2%) from $50M to $43.4M, while imports increased by $9.12M (8.82%) from $103M to $113M.

Destinations In March 2024, Insulated Wire were exported mostly to Argentina ($9.77M), Paraguay ($6.8M), United States ($5.83M), Mexico ($4.86M), and Bolivia ($2.91M), and were imported mostly from China ($35.6M), Paraguay ($21M), United States ($9.88M), Mexico ($6.53M), and Germany ($5.26M).

Growth In March 2024, the decrease in Insulated Wire's year-by-year exports was explained primarily by a decrease in exports to Colombia ($-1.27M or -32.3%), Paraguay ($-1.14M or -17.7%), and Uruguay ($-538k or -42.4%). In March 2024, the increase in Insulated Wire's year-by-year imports was explained primarily by an increase in imports from Paraguay ($4.37M or 40.4%), India ($2.44M or 656%), and Turkey ($1.46M or 1.11k%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)$-6.6M(-13.2%)

IMPORT GROWTH (March 2023 - March 2024)$9.12M(8.82%)

MAIN EXPORTER (March 2024)São Paulo$25.2M

MAIN DESTINATION (March 2024)Argentina$9.77M

This section shows Insulated Wire'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 Insulated Wire over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$522M

IMPORTS (2022)$1.23B

NET TRADE (2022)-$703M

In 2022, Brazil exported $522M in Insulated Wire. The main destinations of Brazil exports on Insulated Wire were Argentina ($160M), Paraguay ($95.1M), United States ($54.2M), Bolivia ($42.2M), and Chile ($39.7M).

In 2022, Brazil imported $1.23B in Insulated Wire, mainly from China ($481M), Paraguay ($196M), United States ($139M), Germany ($68.6M), and Mexico ($35M).

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