Brazil Top 10 Import Origin Countries in 2023 Q4
Brazil Top Import Origins and Sourcing Dependency in 2023 Q4
- Dominant Supplier: Mainland China leads as Brazil's top import source (23.17%, $14.33B), serving as the primary manufacturing hub.
- Concentration Risk: Top 3 partners (China, US, Russia) account for 44.31% of imports, indicating moderate reliance on a few key suppliers.
- Brazil's major suppliers include diversified origins like Germany (5.06%) and Argentina (4.91%), balancing regional dependence.
- Strategic Note: Supply chain stability hinges on China-US trade dynamics, with Russia's 5.7% share adding geopolitical sensitivity.
Table: Brazil Top Origin Countries in 2023 Q4 (Source: yTrade)
| Origin Countries | Value | Percent |
|---|---|---|
| Mainland China | 14.33B | 23.17% |
| United States | 9.55B | 15.44% |
| Russia | 3.53B | 5.70% |
| Germany | 3.13B | 5.06% |
| Argentina | 3.04B | 4.91% |
| India | 1.51B | 2.44% |
| Mexico | 1.51B | 2.43% |
| Italy | 1.43B | 2.32% |
| Japan | 1.34B | 2.17% |
| France | 1.30B | 2.10% |
Get Complete Brazil Import Origin Countries Profile
Brazil - Key Origin Country Trading Product Pattern
- Mainland China (23.17%): Dominates as a supplier of manufactured goods, electronics, and industrial components. Its exports reflect a highly competitive and diverse manufacturing base.
- United States (15.44%): A major source for high-value machinery, technology, chemicals, and agricultural products, leveraging advanced industrial and agricultural sectors.
- Russia (5.70%): Primarily supplies key commodities, including fertilizers essential for Brazil's agribusiness sector and mineral fuels.
- Germany (5.06%): Exports high-precision machinery, automotive parts, and chemical products, capitalizing on its engineering and industrial expertise.
- Argentina (4.91%): A significant regional trade partner, providing vehicles, chemical products, and foodstuffs, benefiting from geographic proximity and trade agreements.
- India (2.44%): Supplies pharmaceuticals, chemical products, and textiles, reflecting its strong generic drug manufacturing and chemical industries.
Frequently Asked Questions
Which countries supply most of Brazil's imports in 2023 Q4?
Mainland China ($14.33B, 23.17%), the United States ($9.55B, 15.44%), and Russia ($3.53B, 5.70%) are Brazil's top import suppliers.
Does Brazil rely heavily on a single import supplier?
Mainland China is Brazil's primary import source, accounting for 23.17% of total imports in Q4 2023.
Brazil Top 10 Import Origin Countries in 2023 Q3
Brazil's top import origin remains China with 23.05% share in Q3 2023, per yTrade data. The top 3 suppliers account for 44% of imports, highlighting moderate supply chain concentration risks.
Brazil Top 10 Import Origin Countries in 2024
Brazil's top import origin remains China with 24.93% share, but reliance on key suppliers poses risks. yTrade data shows diversification through Argentina and Russia offers partial supply chain redundancy in 2024.
