Brazil Top 10 Import Origin Countries in 2023 Q1

Brazil Top Import Origins and Sourcing Dependency in 2023 Q1

• Dominant Supplier: Mainland China leads as Brazil's top import source (20.94% share, $13.31B), serving as the primary manufacturing hub.
• Concentration Risk: Top 3 suppliers (China, US, Germany) account for 42.84% of imports, indicating moderate reliance on a few key partners.
• Brazil's major suppliers include Argentina (4.83%) and India (3.20%), reflecting some diversification beyond traditional trade blocs.
• Strategic Note: Supply chain stability hinges on China-US trade dynamics, with no single regional bloc dominating imports.

Table: Brazil Top Origin Countries in 2023 Q1 (Source: yTrade)

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Brazil - Key Origin Country Trading Product Pattern

• Mainland China (20.94%): Dominates as Brazil's primary source for manufactured goods, particularly industrial machinery, electronics, and a wide range of consumer products. This reflects China's role as the world's leading export hub for finished goods.
• United States (16.29%): A major supplier of high-value goods to Brazil, including advanced technology, aircraft parts, medical equipment, and chemical products. This trade relationship highlights the US strength in complex, high-margin industrial and technological exports.
• Germany (5.61%): Supplies Brazil with precision machinery, high-end automotive components, and industrial chemicals. Germany's share is built on its reputation for engineering excellence and quality manufacturing.
• Argentina (4.83%): Functions as a key regional partner, primarily exporting vehicles, agricultural products, and chemical goods to Brazil. This trade is heavily influenced by regional supply chains and Mercosur trade agreements.
• India (3.20%): Exports pharmaceuticals, chemical products, and textiles to Brazil. India's role is defined by its competitive advantage in generic medicines and specific industrial raw materials.
• Russia (3.11%): Primarily supplies Brazil with fertilizers and mineral fuels. This trade is concentrated in raw materials critical for Brazil's large agricultural and industrial sectors.

Frequently Asked Questions

Which countries supply most of Brazil's imports in 2023 Q1?

Mainland China ($13.31B), the United States ($10.35B), and Germany ($3.56B) are Brazil's top import suppliers in Q1 2023.

Does Brazil rely heavily on a single import supplier?

Mainland China is Brazil's primary import source, accounting for 20.94% of total imports in Q1 2023.