Import of Goods Value from Brazil (1990-2023)

Import of Goods Value from Brazil (1990-2023)

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TGM StatBox. (2024). Import of Goods Value from Brazil (1990-2023). TGM StatBox.
Chart Details
Timeframe: 1990-2023
Country: Brazil
Published date: 2024
Note: Merchandise imports by product group (Million US dollars), as defined by the World Trade Organization (WTO), refers to the total value of goods imported into a country, categorized by specific product groups, and expressed in millions of U.S. dollars.
Key Takeaways
Brazil's imports grew from $22.5B in 1990 to $64.2B in 1997, reflecting economic reforms and trade liberalization. However, the late 1990s financial crises led to fluctuations, with imports falling to $49.7B in 2002. Recovery was robust, with imports reaching $183.9B in 2008, driven by booming commodities and industrial demand.

After a dip in 2015 due to recession, imports rebounded to $292.2B in 2022, fueled by recovery and demand for energy and machinery. The decrease to $252.7B in 2023 reflects adjustments to global and domestic challenges. Brazil's import trends highlight its economic cycles and reliance on industrial and technological imports to support growth.

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