Brazil import Statistics

Brazil Import Data

The Federative Republic of Brazil is another name for Brazil. It is situated in South America's central-eastern region. Brazil borders several nations, including Uruguay, Peru, Venezuela, and Argentina. Brazil's economy is ranked 47th out of the world's most complicated. Brazil ranked 27th out of 226 nations in terms of overall imports in 2023, according to Brazil customs data and shipment data. In recent years, Brazil has emerged as a strong player in the global trade market. With a diverse range of imports spanning various industries, the country has been able to make its mark on the world stage. Understanding the dynamics of the Brazilian market, Brazil trade statistics, regulatory landscape, and market trends will empower businesses to make informed decisions and capitalize on the opportunities available.

According to Brazil import data, Brazil imported goods worth a total of $252.7 billion in 2023. Brazil's imports of goods declined by 12% from the previous year to 2023. Brazil’s biggest imports are mineral fuels and oils, while China is its biggest import partner according to Brazil customs data. Brazil’s total GDP is $2.17 trillion, with a GDP import share of 15.74%. Brazil is a part of trading blocs such as Mercosur. Let us gain insights into Brazil's import data for the year 2023, shedding light on the import trends, major import sectors, and key considerations for international businesses looking to engage in trade with Brazil.

 Brazil Customs Import Data | Brazil Trade Shipment Data

27

The country has been ranked 27th in global imports, showing a significant position in the international trade landscape and import market.

1%

With a mere 1% share in global import trade, it becomes evident that its presence in the international import market is fairly on the rise.

CHINA

China holds a significant role as the largest import partner of the country in terms of goods imports and import share.

MINERAL FUELS AND OILS

Mineral fuels and oils are the biggest import commodities of the country, playing a vital role in its economy.

import

Top 10 Imports of Brazil | Brazil Import Data By HS Code

Brazil's vibrant economy heavily relies on imports to meet its diverse industrial and consumer needs. By acquiring the latest Brazil trade statistics, and data on the top 10 imports of Brazil, we gain insight into the key sectors that drive its economy forward. In 2023, Petroleum oils and waste oils were the top imports into Brazil with a total import value of $24 billion. The top 10 imports of Brazil in 2023 according to Brazil customs data and Brazil trade data are:

  • Mineral fuels and oils (HS code 27): 15.25% ($36.73 billion) 
  • Nuclear reactors and machinery (HS code 84): 14.39% ($34.65 billion) 
  • Electrical machinery and equipment (HS code 85): 11.91% ($28.67 billion) 
  • Vehicles (HS code 87): 7.72% ($18.58 billion) 
  • Fertilizers (HS code 31): 6.08% ($14.64 billion) 
  • Organic chemicals (HS code 29): 5.62% ($13.53 billion) 
  • Pharmaceutical products (HS code 30): 4.56% ($10.97 billion) 
  • Plastics and articles thereof (HS code 39): 3.83% ($9.22 billion) 
  • Optical, medical, or surgical instruments (HS code 90): 3.1% ($7.46 billion) 
  • Miscellaneous chemical products (HS code 38): 2.96% ($7.12 billion)
  • Partners

    Top 10 Import Partners of Brazil | Brazil Import Data by Country

    Brazil’s Trade activities play a vital role in Brazil's economy, and the top 10 import partners of Brazil contribute significantly to its growth and development. As per the Brazil shipment data, the diversity of imports showcases the importance of bilateral trade relationships with countries like China, the United States, Argentina, Germany, and many others. Brazil’s top 10 import partners in 2023 according to Brazil’s trade data include:

    Value In Percentage(%)

  • China: 22.1% (53.17 billion US$)
  • USA: 16% (38.41 billion US$)
  • Germany: 5.5% (13.14 billion US$)
  • Argentina: 5% (11.99 billion US$)
  • Russia: 4.2% (10.01 billion US$)
  • India: 2.9% (6.87 billion US$)
  • Italy: 2.4% (5.86 billion US$)
  • Mexico: 2.3% (5.54 billion US$)
  • France: 2.3% (5.50 billion US$)
  • Japan: 2.1% (5.12 billion US$)
  • Sample Data

    Understanding Brazil Import Data: Brazil Customs data

    We obtain trustworthy data from organizations, shipping businesses, and customs ports. This Trade Data contains a wide range of fields, such as HS codes, product descriptions, prices, quantities, origin country, destination country, and port names together with currency values. For traders and marketers, this trade data is crucial information that helps them to make informed decisions. From the HS codes and product descriptions to the quantity and cost of each product, everything can be obtained through this trade data. We have included a sample of this trade data for your convenience and greater understanding so that you can see what the trade data looks like as a whole, with complete details.

    Brazil import data refers to information collected and analyzed on the goods and services that are imported into the country. Brazil customs data and shipment data provide valuable insights into the volume, value, origin, and composition of imports, enabling market analysis, trend identification, and strategic decision-making. Brazil's import data and Brazil shipment data are crucial for both domestic and international businesses. It allows them to identify potential market opportunities, evaluate competition, and make informed decisions regarding product sourcing, pricing, and distribution strategies. According to Brazil's customs data, Brazil imported goods worth a total of $252.7 billion in 2023. The information we provide you about Brazil import data and customs data is highly helpful and informative. All of the information in our database is derived from recently updated shipping bills, invoices, and other crucial transaction documents. We obtain trustworthy data from organizations, shipping businesses, and customs ports in Brazil. Brazil import data includes many fields, such as HS codes, product descriptions, prices and quantities, port names, and currency values. So, as you can see, we obtain trustworthy data from organizations, shipping businesses, and customs ports. The trade data contains a wide range of fields, such as HS codes, product descriptions, prices, quantities, origin country, importers/exporters names and addresses, destination country, and port names together with currency values. For traders and marketers, the Brazil trade data is crucial information that helps them make informed decisions. From the HS codes and product descriptions to the quantity and cost of each product, everything can be obtained through this trade data. We have included a sample of the trade data for your convenience and greater understanding so that you can see what the Brazil trade data or customs data looks like as a whole, with complete details.

    Benefits

    Benefits of Brazil’s Import Data

  • Expand your enterprise into the Brazilian Market.
  • View Brazil's most recent product demand and price projections.
  • Examine the Shipment History of Your Rivals.
  • Give your marketing plan an approach based on import data.
  • Create a powerful brand identity in Brazil.
  • Create more ROI and long-term business goals.
  • Frequently Asked Questions!!

    Brazil's import data or customs data for imports refers to the total value of goods and services that the country has purchased from other countries during the year.

    The main imports of Brazil in 2023 according to Brazil trade statistics include mineral fuels and oils, machinery and equipment, chemicals, fertilizers, and electronic products.

    Brazil's main trading partners for imports according to Brazil trade activities include China, the United States, Argentina, Germany, and South Korea.

    Brazil's import data can impact its economy in various ways, such as affecting the country's balance of trade, foreign exchange reserves, Brazil shipment data, and overall economic growth.

    As of 2023, Brazil's import data or Brazil trade records are showing a decline of 12% from the previous year, with the total goods imports worth $252.7 billion.

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