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Brazil Import Data

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Brazil Import Data

Brazil, which is known as The Federative Republic of Brazil. It is the largest and easternmost country in South America and Latin America. Brazil is the world's 5th largest country by land and the 7th the most populated country in the world. Brazil's total population is recorded 216 million in 2023. The GDP of Brazil has been increasing steadily and recorded as $2.6 trillion USD in the year 2023.

Brazil is the fastest growing economy and plays a vital role in the world Import Trade. In year 2023 Brazil ranked 19th largest importer in the world, the total import value  accounted $246 billion in 2023 due to increase in the demand and robust economic growth.

Brazil is the country which is highly depends on Import Trades for its infrastructure development and to meet its domestic production needs. The main imports of Brazil consist machinery and equipment, chemical products, oil and gas products, electronics and electrical equipment, automotive parts and components, pharmaceuticals, plastics and rubber products among others.

Brazil top Import trading partners is China followed by the other countries such as USA, Argentina, Germany and South Korea. These countries account for over half of Brazil’s total imports. Due to its geographic proximity within Latin American countries along with benefits of tariff-free agreement they became significant import trade partners for Brazil.

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Brazil Import Customs Trade Data Shows Top 10 Importing Products In 2023 – Analysis By Chapter

  • 15.4% (38 billion US dollar) HS CODE: 27 - Mineral fuels, mineral oils, and distillation products; bituminous substances; mineral waxes
  • 14.2% (35 billion US dollar) HS CODE: 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 11.7% (29 billion US dollar) HS CODE : 85 - Electrical machinery and equipment, sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories thereof
  • 7.65% (19.3 billion US dollar) HS CODE: 87 - Other than railway or tramway rolling stock, and parts and accessories
  • 6.33% (16 billion US dollar) HS CODE :31 - Fertilizers
  • 5.54% (14 billion US dollar) HS CODE :29 - Organic chemicals
  • 4.44% (11.2 billion US dollar) HS CODE 30 - comes from the pharmaceutical industry
  • 3.85% (9.73 billion US dollar) HS CODE 39 - Plastics and articles thereof
  • 3.04% (7.69 billion US dollar) HS CODE : 90 - Optical, photographic, cinematographic, measuring, checking, precision, and medical or surgical instruments and apparatus; parts and accessories
  • 2.89% (7.31 billion US dollar) HS CODE 38 - Miscellaneous chemical products

Brazil Import Global Trade Data Shows Top 10
Trading Partners of Brazil

  • A share of 22% (55 billion US dollar), China dominates
  • A share of 15.9% (40 billion US dollar) was held by the USA
  • A share of 5.39% (13.6 billion US dollar) was held by Germany
  • A share of 4.91% (12.4 billion US dollar) belongs to Argentina
  • A share of 4.4% (11.1 billion US dollar) is held by Russia
  • A share of 2.84% (7.18 billion US dollar) was held by India
  • A share of 2.41% (6.09 billion US dollar) was held by Italy
  • A share of 2.28% (5.77 billion US dollar) belongs to Mexico
  • Japan with a share of 2.3% (3.7 billion US$)
  • A share of 2.13% (5.39 billion US dollar), Japan dominated the market

Brazil Import Data Sample

WHY BRAZIL IMPORT DATA IS CRUCIAL FOR ALL BUSINESS GROWTH?

 

Brazil is leading player in the Import market of the world. A significant growth has been seen in the Import Export Trade of Brazil. Brazil Import Customs Data contains key information about Brazil trade with all over the world. It contains detailed records on goods imported into Brazil from other foreign countries, including their origin, quantity, value, weight of product, product description, HS Code, Port of destination, Port of Discharge and more. It also contains most essential information about the companies involved in these transactions – both the Brazil importers and foreign exporters.

Brazil Import Shipment Data provided by Import Globals is the most reliable source of information which is collected from the authenticated Sources such custom shipping bill documents, Invoices, Bill of entries, Bill of lading etc. It provides assurance on its accuracy and reliability. It is essential to gain precise knowledge and information about the market you want to enter and expand your business.  

Brazil Import Trade Data is resourceful information who are looking to expand business globally. With the help of this data, you can reduce the time of manual research for potential buyers, suppliers and particular market of your product. By using Brazil Import Statistics, you can directly reach to potential clients and market of your product. It reduced not only time in researching but also save the intermediary costs. It is crucial for all business to make a strategic decision wisely by using this data you can stay ahead with market trends and competition that ultimately leads to success in the global market.

FIND OUT OTHER SOUTH AMERICA COUNTRIES IMPORT EXPORT DATA

Argentina
Bolivia
Chile
Colombia
Ecuador
Uruguay

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