The most valuable Brazilian imports also include automotive parts, cars and trucks. Smartphones is another area where Brazil shows strong import demand.
The following list highlights product categories on which Brazilian importers spent the most cash. Unlike most information currently available on the web, the items below are detailed at the 4-digit tariff code level.
This can help entrepreneurs more precisely identify products in which Brazil has strong demand but competitive disadvantages compared with other nations. Innovation can transform these disadvantages into lucrative business opportunities.
For the most recent four-digit HTS code data, please see the link to Brazil’s Top 10 Imports article in the See also paragraph above Research Sources below.
Highest Value Brazilian Import Products
Below are the 20 highest value import products delivered to Brazilian importers in 2017. Shown within brackets is the change in value for each imported product since 2013.
- Processed petroleum oils: US$11.8 billion (Down -33.3% from 2013 to 2017)
- Automobile parts/accessories: $5.4 billion (Down -34.3%)
- Phone system devices: $4.3 billion (Down -13.8%)
- Integrated circuits/microassemblies: $4.1 billion (Down -13.4%)
- Coal, solid fuels made from coal: $3.4 billion (Up 38.3%)
- Medication mixes in dosage: $3.2 billion (Down -13.9%)
- Crude oil: $3 billion (Down -81.8%)
- Cars: $3 billion (Down -67.4%)
- Blood fractions (including antisera): $2.9 billion (Down -9%)
- Fertilizer mixes: $2.6 billion (Down -2.3%)
- Packaged insecticides/fungicides/herbicides: $2.5 billion (Down -17.7%)
- Potassic fertilizers: $2.4 billion (Down -27.4%)
- Petroleum gases: $2.4 billion (Down -70.1%)
- TV/radio/radar device parts: $2.1 billion (Down -42.1%)
- Trucks: $2 billion (Down -40.9%)
- Nitrogenous fertilizers: $2 billion (Down -12.1%)
- Heterocyclics, nucleic acids: $1.9 billion (Down -15.7%)
- Electro-medical equip (e.g. xrays): $1.2 billion (Down -19.2%)
- Refined copper, unwrought alloys: $1.2 billion (Down -36.6%)
- Wheat: $1.1 billion (Down -52.4%)
Brazil increased its imports of only one top import from 2013 to 2017, namely coal and solid fuels via a 38.3% year-over-year expansion.
Leading the decliners were Brazilian purchases of crude oil (down -81.8%), petroleum gas (down -70.1%), cars (down -67.4%) and wheat (down -52.4%).
See also Brazil’s Top Trading Partners, Brazil’s Top 10 Exports and Brazil’s Top 10 Imports
Research Sources:
International Monetary Fund, World Economic Outlook Database (GDP based on Purchasing Power Parity). Accessed on February 4, 2018
The World Factbook, Field Listing: Imports and World Population, Central Intelligence Agency. Accessed on February 4, 2018
Trade Map, International Trade Centre, www.intracen.org/marketanalysis. Accessed on February 4, 2018