Top Brazil Imports 2024: Industrial & Energy Focus

Brazil Import Portfolio Overview in 2024 Whole Year

• Machinery & equipment (HS84) lead at 15.4% ($42.8B), followed by mineral fuels (HS27) at 13.2% ($36.6B).
• Concentration risk is moderate: top two sectors comprise 28.6% of imports, reflecting Brazil's dual dependency on industrial inputs and energy.
• This structure underscores an industrializing economy reliant on foreign capital goods and fuel to power its agricultural and manufacturing base.

Table: Brazil Top Import Product in 2024 (Source: yTrade)

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Import Key Driver: Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof

• Turbojets & turboprops (HS8411) dominate this sector at $8.54B (20% of HS84 imports).
• Product type is capital goods and components, indicating investment in industrial capacity and transportation infrastructure.
• Brazil imports these goods to modernize its agro-industrial sector, maintain mining equipment, and support its aviation industry, lacking full domestic production scale for high-tech machinery.

Table: HS Code 84 Detailed Breakdown

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Import Key Driver: Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes

• Petroleum oils (HS2710) drive this sector at $16.4B (44.8% of HS27 imports).
• Acts as a complement to machinery imports: fuel powers the industrial and transport sectors enabled by foreign equipment.
• Strategic for energy security, given Brazil’s mixed energy matrix and refining gaps, despite domestic oil production.

Table: HS Code 27 Detailed Breakdown

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Import Key Driver: Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles

• Integrated circuits (HS8542) lead at $5.93B (18.2% of HS85 imports).
• Role is stable legacy demand: essential for consumer electronics, industrial automation, and telecommunications infrastructure.
• Reflects Brazil’s persistent tech trade deficit, relying on imports to meet digital economy needs amid limited local semiconductor manufacturing.

Table: HS Code 85 Detailed Breakdown

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Frequently Asked Questions

What is Brazil's largest import commodity in 2024 Whole Year?

The largest import category is Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS 84), valued at $42.80B. This sector is primarily driven by imports of Turbojets, turbo propellers, and other gas turbines (HS 8411), which alone account for $8.54B (19.96%).

Which specific Nuclear reactors, boilers, machinery and mechanical appliances products does Brazil import most in 2024 Whole Year?

Within the HS 84 sector, the top imports are:

1. Turbojets, turbo propellers, and other gas turbines (HS 8411) at $8.54B (19.96%).
2. Transmission shafts, bearings, and gears (HS 8483) at $2.22B (5.19%).
3. Valves for pipes, boilers, and similar uses (HS 8481) at $1.95B (4.56%).

Does Brazil import Mineral fuels, mineral oils and products of their distillation in 2024 Whole Year?

Yes. Mineral fuels (HS 27) is Brazil’s second-largest import sector, valued at $36.58B. The primary driver is Petroleum oils (HS 2710), accounting for $16.39B (44.81%) of total imports in this category.

What are the main industries driving Brazil's economy?

Brazil’s import economy is heavily reliant on three key sectors:

1. Machinery & mechanical appliances (HS 84) at $42.80B (15.42%).
2. Mineral fuels (HS 27) at $36.58B (13.18%).
3. Electrical machinery (HS 85) at $32.54B (11.72%).

How to find Brazil Nuclear reactors, boilers, machinery buyers?

You can access a list of active overseas buyers and importers for HS 84 using the yTrade database, which provides detailed shipment records and company contacts for turbojets, valves, and other machinery imports.

Detailed Quarterly Report

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