Medical Instruments in Brazil | The Observatory of Economic Complexity

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Exports In 2022, Brazil exported $204M in Medical Instruments, making it the 43rd largest exporter of Medical Instruments in the world. At the same year, Medical Instruments was the 133rd most exported product in Brazil. The main destination of Medical Instruments exports from Brazil are: United States ($77.6M), Netherlands ($11.3M), Mexico ($10.2M), Spain ($8.78M), and Argentina ($7.73M).

The fastest growing export markets for Medical Instruments of Brazil between 2021 and 2022 were United States ($23.2M), Netherlands ($7.14M), and Colombia ($2.91M).

Imports In 2022, Brazil imported $1.84B in Medical Instruments, becoming the 19th largest importer of Medical Instruments in the world. At the same year, Medical Instruments was the 25th most imported product in Brazil. Brazil imports Medical Instruments primarily from: United States ($531M), China ($425M), Germany ($155M), Mexico ($102M), and South Korea ($74.9M).

The fastest growing import markets in Medical Instruments for Brazil between 2021 and 2022 were United States ($59.1M), China ($42.4M), and Mexico ($19.7M).

Latest Trends

March 2024

About

Overview In March 2024 Brazil's Medical Instruments exports accounted up to $20.3M and imports accounted up to $147M, resulting in a negative trade balance of $127M. Between March 2023 and March 2024 the exports of Brazil's Medical Instruments have increased by $1.09M (5.65%) from $19.2M to $20.3M, while imports decreased by $-46.9M (-24.2%) from $194M to $147M.

Destinations In March 2024, Medical Instruments were exported mostly to United States ($7.98M), Chile ($1.35M), Colombia ($1.23M), Netherlands ($860k), and Mexico ($835k), and were imported mostly from United States ($36.8M), China ($29M), Germany ($16.9M), Japan ($7.13M), and South Korea ($6.52M).

Growth In March 2024, the increase in Medical Instruments's year-by-year exports was explained primarily by an increase in exports to Mexico ($646k or 137%), Poland ($547k or 710%), and Argentina ($454k or 98.6%). In March 2024, the decrease in Medical Instruments's year-by-year imports was explained primarily by a decrease in imports from Netherlands ($-1.87M or -80.2%), Argentina ($-1.01M or -76.3%), and Poland ($-488k or -58.5%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)$1.09M(5.65%)

IMPORT GROWTH (March 2023 - March 2024)$-46.9M(-24.2%)

MAIN EXPORTER (March 2024)São Paulo$13.9M

MAIN DESTINATION (March 2024)United States$7.98M

This section shows Medical Instruments'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 Medical Instruments over time.

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