Brazil Trade Intelligence, Brazil Import-Export Trade Data

 Official figures released by Exim’s expert panel through Brazil import and export data on Monday indicated that Brazil had a record $61 billion trade surplus in 2021, and the Economy Ministry anticipates that amount to rise to $79.4 billion this year owing to lower imports.

Last year, exports in Latin America's largest economy hit a new high of $280.4 billion, owing mostly to price increases caused by the COVID-19 outbreak, while imports totaled $219.4 billion.

Exports, primarily to the United States, increased by 44.9 percent. Sales to China, Brazil's largest commercial partner, increased by 28%. Imports from the Mercosur trade group grew at the fastest rate of 44.7 percent in 2021, followed by the United States (41.3 percent) and China (36.7 percent) 

Brazil Export Statistics suggest that Brazil exports are predicted to climb by 1.4 percent to $284.3 billion in 2022, while imports are expected to shrink by 6.6 percent to $204.9 billion, according to the ministry. Global commerce is expected to rise at a more modest pace this year, according to forecasts.

In January 2022, based on Brazil export statistics, Brazil exported $19.6 billion and imported $19.8 billion, resulting in a $214 million trade deficit. Brazil's exports climbed by $4.69 billion (31.4 percent) from $14.9 billion to $19.6 billion between January 2021 and January 2022, while imports rose by $4.68 billion (30.9 percent) from $15.2 billion to $19.8 billion.

Brazil Trade Statistics 2022

According to Brazil customs import data, Imports to Brazil increased by 24.6 percent to $19.85 billion in January 2022, driven by increases in sales of manufactured goods (+14.9%) and mining goods (+325.8%), while agricultural imports fell by 15.7 percent.

Stats Related	Total Value	Unit	Reference Year
Total Imports of Brazil	$19849.00	USD Million	January 2022
Total Exports of Brazil	$19673.00	USD Million	January 2022
Trade Balance	$-200.00	USD Million	January 2022
Current Account	$-8146	USD Million	January 2022

Brazil’s Top Import Partner Countries 2022

The United States, Germany, China, India, European Union, South Korea, Argentina, Russia, Chile, and Japan are the top import partner countries of Brazil according to Brazil Import Data 2022.

 

Country	Total Value Last	Total Value Previous	Unit	Year Reference
United States	$4076.80	$4359.20	USD Million	January 2022
Germany	$858.96	$885.60	USD Million	January 2022
China	$5113.55	$4788.55	USD Million	January 2022
India	$567.06	$496.43	USD Million	January 2022
European Union	$2938.61	$3001.86	USD Million	January 2022
South Korea	$472.00	$418.00	USD Million	January 2022
Argentina	$795.86	$1234.75	USD Million	January 2022
Russia	$529.98	$415.63	USD Million	January 2022
Chille	$357.98	$316.77	USD Million	January 2022
Japan	$388.58	$374.47	USD Million	January 2022

You can buy Brazil import-export trade data through Exim Trade Data and get access to the latest updates and insights into Brazil import and export trade data and activities. Brazil import-export trade data help you find potential buyers and suppliers for your trade in Brazil.

The customs trade data Exim provides helps you locate new marketplaces in the overseas market for your global import-export trade business. Exim’s customs reports allow you to track and monitor the market competitions as well as the strategies your business rival uses for their import-export trade business.

Mexico Total Imports-Exports Value & Custom Shipment Data

 Mexico Import Data is an effective tool created and developed by the field of exports and professionals that contains essential information related to the trade activities that take place in this country.

Mexico custom trade data is consists of several essential and vital details related to Mexico trade data including all the statistics and strategies such as HS Code, Date, Products Description, Origin of the Country, Destination Country, Mode of Transportation, Port Name & Details, Shipment & Consignment Details, importer & Exporter Name, Address of Exporter & Importer, Rates, Weight, Quantity, Volume, Unit, Total Value USD, etc.

The marketing intelligence that Exim provides allows you to monitor the overall trading activities of various global countries in the global trade markets.

Traders and merchants use Mexico import-export data for their business planning, expand their business in the overseas markets, and use it as a database for conducting market analysis.

The custom import-export data Exim Trade Data provides helps trading partners evaluate potential buyers and suppliers based on their trading history and shipping records.

Mexico Total Import-Exports Value Year-wise 

➢ In 2019, Mexico’s import value totaled $495.91 billion, a decline of 1.78% from 2018.

➢ In 2020, Mexico’s import value totaled $407.76 billion, a decline of 17.8% from 2019.

➢ In 2019, Mexico’s export value totaled $492.73 billion, an increase of 2.68% from 2018.

➢ In 2020, Mexico’s export value totaled $431.45 billion, a decline of 12.44% from 2019.

Year-wise Mexico Export Data shows the total exports value of this country in recent years and provides useful insights into the global trade market to help you form a more effective trade strategy for your import-export trade business in the overseas market.

What are the Main Imports of Mexico?

Based on market analysis research reports Electrical Machinery & Equipment $82.9 billion (21.6%), Vehicles $32.1 billion (8.4%), Plastics & Articles of Plastics $21.9 billion (5.7%), Electronics & Computers $65.9 billion (17.2%), Mineral Oils & Fuels $25.1 billion (6.6%), Aluminum $5.9 billion (1.5%), Organic Chemicals $7.5 billion (1.9%), Technical, Optical & Medical Apparatus $15.7 billion (4.1%), Steel & Iron $8.8 billion (2.3%), and Articles of Steel & Iron $8.2 billion (2.1%) were the top imported products of Mexico according to the Mexico import data 2020.

Mexico Exports By Country

The market analysis reports of Mexico trade suggest North America $8.74 billion, United States of America $330 billion, Canada $11.1 billion, China $7.78 billion, Japan $3.62 billion, Germany $6.58 billion, United Kingdom $2.61 billion, Brazil $3.02 billion, Korea $3.42 billion, and other Asia Countries $4.32 billion were the top export partners countries of Mexico in 2020.

To make sure the data we provide is 100% genuine, authentic, and reliable we source data from various authorized sources of links such as Authorized Customs Departments, Logistics & Shipping Companies, Trade Associations, Port Authorities, Government Bodies, and some other authoritative links.

For more info on any global country, you can visit our official website and ask for free sample data or even book a free demo to get the overall overview of your trade business.

What Are The Strategies Pakistan Uses For Its Trade Business?

Pakistan customs import-export data is an analytically designed powerful tool that consists of several crucial and valuable information of different fields in the trade business.

The custom import-export data that Exim Trade Data offers includes major fields of crucial and essential details such as HS Code, Name of Importer & Exporter, Address of Importer & Exporter, Product Description, Port Name & Details, Shipment & Consignment Details, Unit, Rates, Value, Quantity. Weight and Date etc.

According to the reports. Pakistan was the 51st largest importer and 68th largest exporter country in the world in the year 2019.

Year-wise Import-Export Value of Pakistan Trade Business

Based on Pakistan Import Data, given below are the total import trade value of Pakistan according to Pakistan import data year wise:

● In 2017, the total import of Pakistan was $53.59 billion, an increase of 19% from 2016.

● In 2018, the total import of Pakistan was $63.14 billion, an increase of 17.82% from 2017.

● In 2019, the total import of Pakistan was $56.53 billion, a decline of 10.46% from 2018.

● In 2020, the total import of Pakistan was $43.86 billion, a decline of 22.42% from 2019.

Export Trade Data

Given below stats are based on Pakistan export data, and the total export value of Pakistan is shown as per Pakistan export data year wise:

● In 2017, the total export of Pakistan was $25.15 billion, a decline of 1.32% from 2016.

● In 2018, the total export of Pakistan was $28.22 billion, an increase of 12.22% from 2017.

● In 2019, the total export of Pakistan was $28.15 billion, a decline of 0.25% from 2018.

● In 2020, the total export of Pakistan was $25.26 billion, a decline of 10.29% from 2019.

What are the Main Exports of Pakistan?

Based on markets research reports and Pakistan export data 2020, Miscellaneous Textiles & Worn Clothing $4.3 billion (19.2%), Cereals $2.1 billion (9.5%), Knit or Crochet Clothing & Accessories $3.1 billion (13.8%),  Clothing Accessories  (Not Knit or Crochet) $2.6 billion (11.8%), Cotton $2.6 billion (11.9%), Technical, Optical & Medical Apparatus $380.5 million (1.7%), Leather & Animal Gut Articles $583.4 million (2.6%), Cement, Sulphur, Salt & Stone $423 million (1.9%), Copper $435.3 million (2%), and Edible Fruits & Nuts $418.6 million (1.9%) were some of the most exported products of Pakistan according to Pakistan Export Data and trade statistics.

Pakistan’s Exports Trade Data 2020 by Country

Market analysis reports and research data suggest that the United States of America $4.14 billion (18.6%), China $1.86 billion (8.39%), United Kingdom $1.72 billion (7.76%), United Arab Emirates $1.09 billion (4.93%), Germany $1.39 billion (6.27%), Netherlands $1.09 billion (4.92%), Spain $794 million (3.57%), Afghanistan $870 million (3.91%), Bangladesh $583 million (2.62%), and Italy $718 million (3.23%) were the top export partner countries of Pakistan according to Pakistan export data 2020 by country.

To ensure that the data we provide is 100% genuine, authentic, and reliable we source data from various authorized sources of links such as Authorized Customs Departments, Logistics & Shipping Companies, Trade Associations, Port Authorities, Government Bodies, and some other authoritative links.

For more info on any global country, you can visit our official website and ask for free sample data or even book a free demo to get the overall overview of your trade business.

Pakistan Import-Export Data and Its Trade Statistics

 Pakistan is a country situated in South Asia officially known as the Islamic Republic of Pakistan. Pakistan is the 5th most populous country and ranked among some of the emerging and growth-leading economies in the world.

The value of all goods and some other market services received from the rest of the countries in the world is represented by the imports of goods and services.

They consist of the value of insurance, freight, travel, merchandise, license fees, royalties, transport, and some other services such as government services, communication, information, financial, personal, business, construction.

They exclude factor services such as investment and employee income, and transfer payments.

Exim import data contains all the important and crucial information on global as well as Pakistan shipment covering all the necessary fields such as the location it originated from to the port’s name and address it is going to ship, product’s description along with the date the shipment had originated on, when and where the shipment is going to arrive and in what quantity, etc. We not only provide data at the global level, but we also provide Data For Pakistan Exporters.

Pakistan Import Data Year-Wise

➢ In the year 2017, Pakistan’s exports were $53.59 billion, an increase of 19% compared to the year 2016.

➢ In the year 2018, Pakistan’s exports were $56.53 billion, a decline of 17.82% compared to the year 2017.

➢ In the year 2019, Pakistan’s exports were $56.53 billion, a decline of  10.46% compared to the year 2018.

➢ In the year 2020, Pakistan’s exports were $43.86 billion, a decline of 22.42% compared to the year 2019.

Pakistan Export Data year-wise;

➢ In the year 2017, Pakistan’s exports were $25.15 billion, a decline of 1.32% compared to the year 2016.

➢ In the year 2018, Pakistan’s exports were $28.22 billion, an increase of 12.22% compared to the year 2017.

➢ In the year 2019, Pakistan’s exports were $28.15 billion, a decline of 0.25% compared to the year 2018.

➢ In the year 2020, Pakistan’s exports were $25.26 billion, a decline of 10.29% compared to the year 2019.

Major Import-Exports Of Pakistan As Per Pakistan Import-Export Data

❖ Pakistan’s Imports

Organic Chemicals 4.7% ($2.3 billion), Mineral Fuels & Oils 28.7% ($14.4 billion),  Iron & Steel 6.1% ($3.1 billion), Industrial Machinery & Parts 9.4% ($4.7 billion), Electronics 8.5% ($4.2 billion) and so on are some of the top Import categories of Pakistan as per Pakistan import data.

❖ Pakistan’s Exports

Cereals 9.9% ($2,375.6 million), Articles, Textile, Rags, etc 17.9% ($4,070.6 million), Clothing & Not Knitted Apparels 12.7% ($3,028.7 million), Cotton 13.6% ($3,252 billion), Clothing & Knitted Apparels 12.7% ($3,028.7 million) and such more are Pakistan’s major exports as per Pakistan export statistics.

Top Import-Export Partners of Pakistan ( Value USD %)

❖ Top Import Partner 

Indonesia (4.4%), Kuwait (2.5%), Saudi Arabia (4.9%), Qatar (4.4%), Thailand (2.1%), Japan (2.7%), United States of America (5.2%), United Arab Emirates (12.6%), China (24.8%), and other (34.1%) are some of the top import partners of Pakistan as per Pakistan Import data.l

❖ Top Export Partners 

Bangladesh (3.3%), Netherlands (4.4%), UAE (5%), Spain (4%), Germany (5.6%), Italy (3.4%), Afghanistan (5%), United Kingdom (7.1%), United States of America (17%), China (8.6%) are some of the top export partners of Pakistan as per Pakistan Export data and its trade statistics.

CONCLUSION

In order for you to run a successful business in import and export, you must have authentic and accurate data on import and export that includes all the important and essential information about companies and businesses.

EXiM trade data is one of the best, reliable, and trusted import-export trade data providers and market research companies.

EXiM import-export data help provide you with the most authentic, in-depth, and up-to-date import-export trade data strategies that help you reduce the risk and maximize the profit in the import-export business.

With our year-wise Pakistan import-export trade data, you can find new suppliers and buyers for your products and analyze the current market flow and trends in real-time.

For any query related to the import-export trade data, feel free to connect to EXiM import-export data services at info@eximtradedata.com. or visit site:https://www.eximtradedata.com

Are You Looking PAKISTAN’S TRADE STRATEGY and Data for Pakistan Importer Data

 What are the objectives and development does Pakistan’s trade policy and strategy look to achieve? For the last forty years, many developing economies and countries have captured the coat-tails of the global trade boom and jumped up the growth ladder by following an export-led growth strategy. 

This strategy has frequently not been incorporated into a broader “ industrial policy” which has yet to accelerate industrialization while engineering a fabrication transformation of the economy; initially stepping from agriculture to industry, and later labor. From intensive low value-added exports to capital-intensive production involving innovation and technological sophistication.

With hardly any exceptions, the most successful arising economies of today have pursued an export-led trail for growth. While this growth strategy includes a myriad of policy interventions, each successful exporting nation follows a series of policies tailored to its specific needs & requirements. The general elements are as follows:

❖ Administration of export incentives

❖ Subsidized credit 

❖ A depreciate exchange rate 

❖ Selective liberalization of imports

While India may be quoted by some as an example of an economy that developed without a clear export-led strategy, the unprecedented growth in its manufactured exports over the past two decades has been a significant driver of growth. For example, while China’s exports have increased more than six-fold since the year 2000, India’s exports have grown more than five-fold, placing it second in the list of top-performing exporting countries during this period. Other top-performers have been Turkey, Vietnam, Bangladesh, and Cambodia.

Comparatively, Pakistan’s exports have grown 2.7 times during this period, making it one of the low achievers on this score.

It’s obvious, Pakistan has not done well in this regard. It is difficult to understand a clear long-term strategy that Pakistan has adopted with respect to export promotion over the past three decades, except in the Ayub-era push towards rapid industrialization, where a number of incentives were provided to industry and the export sector.

If anything, seeable and absurd- patterns appear when Pakistan’s trade administration and performance in recent times is critically examined: the policymakers of the country have a definite import bias rather than a distinct export bias.

The most conspicuous illustration of anti export policy bias and the almost unwanted emphasis on imports dates from the Musharraf Shaukat Aziz period. The nominal exchange rate was kept firm for several years, resulting in a real recognition of the rupee at a time when almost all successful exporting countries were actively using the frail currency as a policy tool to boost their exports.

Additionally, the State Bank of Pakistan unlatched the pecuniary tap and began downpouring the economy with cheap loans. A large portion of this credit was used to finance import-based consumption and subsequently, hundreds of billions of consumer loans were written off from banks’ balance sheets as myriad SBP- engineered credit bubbles burst.

In addition, import tariffs were drastically reduced. Pakistani negotiators signed on to lower ‘binding’ tariffs under the WTO than other developing countries. And above all, Pakistan went ahead and signed a Free Trade Agreement with China in the year 2006-only the third country to do so.

As a result of these erroneous policies, Pakistan’s imports increased, far exceeding exports, setting the stage for the biggest crisis of payments in the country’s history. To put this in perspective, as of 2008, the country’s imports exceeded US$40 billion, with exports funding less than 50% of the import payments.

More disastrously, the country’s manufacturing sector was hit by the opening up of all kinds of imports. At a time when the share of manufacturing in GDP increased in many countries of Asia, the share of Pakistan’s manufacturing sector in GDP decreased, as did its share in employment and new investment. During this period, many industries either closed down or came under pressure, including the manufacture of footwear, ceramics, and tyres. Massively low invoices and uncontrolled smuggling have compounded the industry’s problems.

While Pakistan has gone down the path of full-scale opening up of imports into the economy, successful exporting nations have adopted a more cautious liberalization of imports, restricting free imports into the export sector through bonded warehouses and export processing zones.

Some enthusiasts of “free trade” trust that the economy needs efficiency-boosting “constructive destruction”, and opening up to import is an upright way to achieve this. Despite the appeal of the free trade argument, no country exercises this approach. Therefore, the United States protects its auto, steel, and financial services industry- and deliberately subsidizes the agricultural and defense sectors. Japan protects its steel, agriculture, etc. whereas South Korea guarded shipbuilding for years, while the European Union has granted thousands of billions in subsidies for its “incompetent” agriculture.

Furthermore, to reduce the level of security of domestic agriculture and industry at a time of serious provocations such as the internal security circumstances and the energy predicament of the past seven years, and expect these sectors to enhance their efficiency under such circumstances and in some cases in opposition to subsidized competition are a prescription for disaster.

CONCLUSION

Pakistan needs to update its current import-export strategy and should learn from the policy experience and current exercise of big & successful economies, including India, and proceed towards greater liberalization in a phased and systematic manner.

For any query related to import-export trade data, you can connect with us at info@eximtradedata.com.or Visit site: https://www.eximtradedata.com