Combustion Engines in Brazil | The Observatory of Economic Complexity

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Exports In 2022, Brazil exported $363M in Combustion Engines, making it the 19th largest exporter of Combustion Engines in the world. At the same year, Combustion Engines was the 91st most exported product in Brazil. The main destination of Combustion Engines exports from Brazil are: Germany ($165M), Mexico ($82.2M), Argentina ($40.2M), United States ($33.9M), and India ($7.38M).

The fastest growing export markets for Combustion Engines of Brazil between 2021 and 2022 were Germany ($48.6M), Mexico ($13.9M), and India ($6.89M).

Imports In 2022, Brazil imported $1.11B in Combustion Engines, becoming the 10th largest importer of Combustion Engines in the world. At the same year, Combustion Engines was the 48th most imported product in Brazil. Brazil imports Combustion Engines primarily from: Argentina ($401M), United States ($214M), Italy ($141M), China ($68.3M), and Germany ($59.7M).

The fastest growing import markets in Combustion Engines for Brazil between 2021 and 2022 were Argentina ($81.1M), United States ($38.3M), and China ($33.8M).

Latest Trends

March 2024

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Overview In March 2024 Brazil's Combustion Engines exports accounted up to $24.2M and imports accounted up to $82.3M, resulting in a negative trade balance of $58.1M. Between March 2023 and March 2024 the exports of Brazil's Combustion Engines have decreased by $-11.3M (-31.9%) from $35.6M to $24.2M, while imports decreased by $-22.7M (-21.6%) from $105M to $82.3M.

Destinations In March 2024, Combustion Engines were exported mostly to Mexico ($11.9M), Germany ($6.06M), Argentina ($1.74M), India ($1.21M), and Canada ($976k), and were imported mostly from Argentina ($24.6M), United States ($18.6M), Italy ($8.48M), France ($7.01M), and China ($4.13M).

Growth In March 2024, the decrease in Combustion Engines's year-by-year exports was explained primarily by a decrease in exports to United States ($-1.24M or -37.9%), Germany ($-952k or -7.55%), and India ($-107k or -13.1%). In March 2024, the decrease in Combustion Engines's year-by-year imports was explained primarily by a decrease in imports from China ($-5.38M or -68.6%), Italy ($-5.11M or -91.7%), and Indonesia ($-66.3k or -40%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)$-11.3M(-31.9%)

IMPORT GROWTH (March 2023 - March 2024)$-22.7M(-21.6%)

MAIN EXPORTER (March 2024)São Paulo$19.7M

MAIN DESTINATION (March 2024)Mexico$11.9M

This section shows Combustion Engines'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 Combustion Engines over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$363M

IMPORTS (2022)$1.11B

NET TRADE (2022)-$751M

In 2022, Brazil exported $363M in Combustion Engines. The main destinations of Brazil exports on Combustion Engines were Germany ($165M), Mexico ($82.2M), Argentina ($40.2M), United States ($33.9M), and India ($7.38M).

In 2022, Brazil imported $1.11B in Combustion Engines, mainly from Argentina ($401M), United States ($214M), Italy ($141M), China ($68.3M), and Germany ($59.7M).

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