Top Brazil Imports 2024 Q4: Machinery & Fuels Lead

Brazil Import Portfolio Overview in 2024 Q4

• Machinery and electrical equipment dominate, accounting for over 28% of total imports.
• High concentration in capital goods and industrial inputs reflects Brazil's role as an industrial and agricultural producer dependent on imported technology and energy.
• Import structure shows heavy reliance on manufactured goods and inputs, not finished consumer products, indicating an economy built on production rather than consumption.

Table: Brazil Top Import Product in 2024 Q4 (Source: yTrade)

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

• Turbojets and turbopropellers (HS 8411) lead this category at $2.45B, representing 21.46% of sector imports.
• These are intermediate capital goods, essential for energy, aviation, and industrial operations.
• Brazil’s industrial and infrastructure demands drive this import dominance, as domestic production cannot meet the need for high-tech machinery.

Table: HS Code 84 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 (HS 8542) are the largest subcategory at $1.33B, making up 15.87% of the sector.
• This acts as a complement to machinery imports, supplying critical electronic components for industrial and consumer goods assembly.
• Strategic for maintaining Brazil’s manufacturing output and technology integration across sectors.

Table: HS Code 85 Detailed Breakdown

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

• Petroleum oils (HS 2710) dominate with $3.44B, accounting for 44.06% of the sector.
• These are raw and refined energy products, highlighting Brazil’s ongoing need to supplement domestic energy production.
• Stable legacy demand, driven by industrial and transport needs, despite Brazil’s biofuels and oil output.

Table: HS Code 27 Detailed Breakdown

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Frequently Asked Questions

What is Brazil's largest import commodity in 2024 Q4?

The largest import category is Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS 84), valued at $11.41B. This sector is primarily driven by imports of Turbo-jets, turbo-propellers, and other gas turbines (HS 8411), which alone account for $2.45B (21.46%) of the total.

Which specific Nuclear Reactors & Machinery products does Brazil import most in 2024 Q4?

Within the HS 84 sector, the top imports are:

1. Turbo-jets, turbo-propellers, and other gas turbines (HS 8411) at $2.45B.
2. Transmission shafts, cranks, and bearings (HS 8483) at $573.25M.
3. Automatic data processing machines (HS 8471) at $507.25M.

Does Brazil import Electrical Machinery and Equipment in 2024 Q4?

Yes. Electrical machinery and equipment (HS 85) is the second-largest import sector, valued at $8.36B. The primary driver is Integrated circuits (HS 8542), accounting for $1.33B (15.87%) of the total.

What are the main industries driving Brazil's economy?

Brazil’s import economy is heavily reliant on machinery and energy, with the top 3 sectors being:

1. Nuclear reactors & machinery (HS 84): $11.41B (16.19%).
2. Electrical machinery (HS 85): $8.36B (11.85%).
3. Mineral fuels & oils (HS 27): $7.81B (11.07%).

How to find Brazil Nuclear Reactors & 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 turbo-jets, machinery parts, and more.