Navigation Equipment in Brazil | The Observatory of Economic Complexity

About

Exports In 2022, Brazil exported $15.8M in Navigation Equipment, making it the 48th largest exporter of Navigation Equipment in the world. At the same year, Navigation Equipment was the 521st most exported product in Brazil. The main destination of Navigation Equipment exports from Brazil are: United States ($4.75M), Argentina ($2.49M), France ($1.92M), United Kingdom ($1.19M), and Spain ($800k).

The fastest growing export markets for Navigation Equipment of Brazil between 2021 and 2022 were United States ($1.9M), Argentina ($954k), and United Kingdom ($905k).

Imports In 2022, Brazil imported $307M in Navigation Equipment, becoming the 18th largest importer of Navigation Equipment in the world. At the same year, Navigation Equipment was the 154th most imported product in Brazil. Brazil imports Navigation Equipment primarily from: United States ($111M), China ($42.7M), Mexico ($35.9M), South Korea ($12.5M), and Germany ($10.3M).

The fastest growing import markets in Navigation Equipment for Brazil between 2021 and 2022 were Mexico ($8.48M), Vietnam ($8.11M), and United States ($7.25M).

COMPANIES In 2023, leading companies such as ROBERT BOSCH LLC (8) were at the forefront of shipping Navigation Equipment from Brazil to the United States.

Latest Trends

March 2024

About

Overview In March 2024 Brazil's Navigation Equipment exports accounted up to $2.51M and imports accounted up to $25.8M, resulting in a negative trade balance of $23.3M. Between March 2023 and March 2024 the exports of Brazil's Navigation Equipment have increased by $956k (61.7%) from $1.55M to $2.51M, while imports decreased by $-3.19M (-11%) from $29M to $25.8M.

Destinations In March 2024, Navigation Equipment were exported mostly to United States ($1.57M), United Arab Emirates ($261k), Argentina ($224k), France ($197k), and Mexico ($50.9k), and were imported mostly from United States ($5.73M), Vietnam ($4.96M), Mexico ($2.7M), China ($1.89M), and South Korea ($1.45M).

Growth In March 2024, the increase in Navigation Equipment's year-by-year exports was explained primarily by an increase in exports to United States ($182k or 31.4%), Paraguay ($51.1k or 298%), and Mexico ($41.4k or 738%). In March 2024, the decrease in Navigation Equipment's year-by-year imports was explained primarily by a decrease in imports from South Korea ($-630k or -29.5%), Chinese Taipei ($-589k or -71.6%), and Thailand ($-390k or -57.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)$956k(61.7%)

IMPORT GROWTH (March 2023 - March 2024)$-3.19M(-11%)

MAIN EXPORTER (March 2024)São Paulo$1.62M

MAIN DESTINATION (March 2024)United States$1.57M

This section shows Navigation Equipment'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 Navigation Equipment over time.

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