Brazil’s Top 10 Imports

Brazil's Top 10 Imports

Brazilian colored parrot

Brazil imported US$150.7 billion worth of goods sourced from around the globe in 2017, down by -37.1% since 2013 but up by 9.6% from 2016 to 2017.

As of June 2018, Brazil’s import purchases were valued at $83.8 billion up 17.2% compared to the first 6 months of 2017.

Brazilian imports represent 0.9% of total global imports totaling an estimated $16.054 trillion for 2016.

From a continental perspective, 35.9% of Brazil’s total imports by value in 2017 were purchased from Asian countries. European trade partners accounted for 25.1% of import sales to Brazil while 20.6% worth of goods originated from North American exporters. Smaller percentages came from Latin America plus the Caribbean but excluding Mexico (14%) and just 3.7% sold by sources in Africa.

Given Brazil’s population of 207.4 million people, its total $150.7 billion in 2017 imports translates to roughly $730 in yearly product demand from every person in the country.

Brazil’s Top 10 Imports

Top 10

The following product groups represent the highest dollar value in Brazil’s import purchases during 2017. Also shown is the percentage share each product category represents in terms of overall imports into Brazil.

  1. Mineral fuels including oil: US$21.6 billion (14.3% of total imports)
  2. Electrical machinery, equipment: $20.7 billion (13.7%)
  3. Machinery including computers: $17.4 billion (11.5%)
  4. Vehicles : $11.2 billion (7.5%)
  5. Organic chemicals: $8.4 billion (5.6%)
  6. Fertilizers: $7.3 billion (4.9%)
  7. Pharmaceuticals: $6.6 billion (4.3%)
  8. Plastics, plastic articles: $6.5 billion (4.3%)
  9. Optical, technical, medical apparatus: $4.9 billion (3.2%)
  10. Other chemical goods: $4.1 billion (2.7%)

Brazil’s top 10 imports accounted for almost three-quarters (72.1%) of the overall value of its product purchases from other countries.

Mineral fuels including oil was the fastest-growing import product category, increasing in value by 42.3% from 2016 to 2017. Imported electrical machinery and equipment placed second via a 22.3% gain followed by fertilizers which rose 22.1% year over year.

Machinery including computers is the sole category among Brazil’s most valuable imported goods to drop in value, down by -17.6% since 2016.

Please note that the results listed above are at the 2-digit Harmonized Tariff System code level. Information presented under other virtual folder tabs is at the more granular 4-digit level.

Fuel

In 2017, Brazilian importers spent the most on the following 10 subcategories of mineral fuels-related goods:

  1. Processed petroleum oils: US$11.8 billion (up 62.3% from 2016)
  2. Coal, solid fuels made from coal: $3.4 billion (up 92.9%)
  3. Crude oil: $3 billion (up 2.3%)
  4. Petroleum gases: $2.4 billion (down -9.8%)
  5. Coke, semi-coke: $448.1 million (up 129.8%)
  6. Petroleum oil residues: $220 million (up 49.6%)
  7. Electrical energy: $142 million (up 192%)
  8. Petroleum jelly, mineral waxes: $39.7 million (up 20.9%)
  9. Coal tar oils (high temperature distillation): $36.8 million (down -29.9%)
  10. Tar pitch, coke: $23.1 million (up 72.5%)

Among these import subcategories, Brazilian purchases of electrical energy (up 192%), coke and semi-coke (up 129.8%) and coal including solid fuels made from coal (up 92.9%) grew at the fastest pace from 2016 to 2017.

These amounts and the percentage gains within parenthesis clearly show where the strongest demand lies for different types of fossil fuel-related imports among Brazilian businesses and consumers.

Electronics

In 2017, Brazilian importers spent the most on the following 10 subcategories of electronic equipment including consumer electronics:

  1. Phone system devices including smartphones: US$4.3 billion (up 19.9% from 2016)
  2. Integrated circuits/microassemblies: $4.1 billion (up 46.4%)
  3. TV/radio/radar device parts: $2.1 billion (up 54%)
  4. Solar power diodes/semi-conductors: $921.7 million (up 55.2%)
  5. Lower-voltage switches, fuses: $901.3 million (up 8.1%)
  6. Insulated wire/cable: $834.1 million (up 22.2%)
  7. Electrical converters/power units: $747.8 million (down -11%)
  8. Electric motors, generators: $576.6 million (up 2.6%)
  9. Electric water heaters, hair dryers: $439 million (up 32.4%)
  10. Electrical/optical circuit boards, panels: $431.2 million (down -0.02%)

Among these import subcategories, Brazilian purchases of solar power diodes and semi-conductors (up 55.2%), TV, radio or radar device parts (up 54%) and integrated circuits or microassemblies (up 46.4%) grew at the fastest pace from 2016 to 2017.

These amounts and the percentage gains within parenthesis clearly show where the strongest demand lies for different types of imported electronics among Brazilian businesses and consumers.

Machinery

In 2017, Brazilian importers spent the most on the following 10 subcategories of machinery:

  1. Transmission shafts, gears, clutches: US$1.1 billion (down -11.6% from 2016)
  2. Computer parts, accessories: $1 billion (up 14%)
  3. Computers, optical readers: $992.1 million (up 1.7%)
  4. Turbo-jets: $953.9 million (down -65.1%)
  5. Piston engine parts: $934 million (up 7.3%)
  6. Printing machinery: $854.9 million (up 11.3%)
  7. Taps, valves, similar appliances: $854.4 million (down -8.5%)
  8. Air or vacuum pumps: $761.3 million (down -3%)
  9. Miscellaneous machinery: $732.6 million (down -27.6%)
  10. Centrifuges, filters and purifiers: $633.8 million (down -16.3%)

Among these import subcategories, Brazilian purchases of computer parts and accessories (up 14%), printing machinery (up 11.3%) and piston engine parts (up 7.3%) grew at the fastest pace from 2016 to 2017.

These amounts and the percentage gains within parenthesis clearly show where the strongest demand lies for different types of imported machinery among Brazilian businesses and consumers.

Vehicles

In 2017, Brazilian importers spent the most on the following 10 subcategories of vehicle-related imports:

  1. Automobile parts/accessories: US$5.4 billion (up 12.3% from 2016)
  2. Cars: $3 billion (up 3.8%)
  3. Trucks: $2 billion (up 28.9%)
  4. Motorcycle parts/accessories: $474.4 million (up 32%)
  5. Public-transport vehicles: $92.1 million (up 95.7%)
  6. Automobile bodies: $79.5 million (down -14.6%)
  7. Tractors: $54.7 million (up 18.6%)
  8. Trailers: $41.9 million (up 33.4%)
  9. Bicycles, other non-motorized cycles: $25.8 million (up 3%)
  10. Armored vehicles, tanks: $19.4 million (down -68.1%)

Among these import subcategories, Brazilian purchases of public-transport vehicles (up 95.7%), trailers (up 33.4%) and motorcycle parts or accessories (up 32%) grew at the fastest pace from 2016 to 2017.

These amounts and the percentages within parenthesis clearly show where the declining demand lies for different types of vehicle-related imports among Brazilian businesses and consumers.



 

See also Brazil’s Top 10 Major Export Companies, Brazil’s Top Import Partners, Brazil’s Top 10 Exports and Top South American Export Countries

Research Sources:
International Monetary Fund, World Economic Outlook Database (GDP based on Purchasing Power Parity). Accessed on August 31, 2018

The World Factbook, Country Profiles, Central Intelligence Agency. Accessed on August 31, 2018

Trade Map, International Trade Centre, www.intracen.org/marketanalysis. Accessed on August 31, 2018