Brazil sets new record, imports 28% more tires in 2022

Mar, 13, 2023 Posted by Gabriel Malheiros

Week 202313

The import of tires by Brazilian companies has increased at an unprecedented rate in the last two years, reaching 28% in 2022 alone. The federal government zeroed the rate on imports of this product in early 2021, which may have contributed to increased demand and, as a result, growth in imports during the period.

According to data analysis by Vixtra, a foreign trade fintech, with the Foreign Trade Secretariat (Secex) of the Ministry of Industry, Commerce and Services (Mdic), Brazil imported over 235 thousand tonnes of tires in 2020, a decrease of 28% compared to 2019, when it imported 326 thousand tonnes. In 2021, after the rate reduction, 405 thousand t were imported, up 72%. And, in 2022, 477 thousand tonnes, an increase of 18% compared to the previous year.

In 2022 alone, 72 thousand tonnes more were imported compared to 2021, with the main exporters (in monetary terms) to Brazil being China (36%), India (11%), Vietnam (10%), and the United States (9%).

See below Brazil’s imports of tires (hs 4011-4012-4013) between Jan 2019 and Jan 2023, according to DataLiner.

Brazilian tire imports | Jan 2019 – Jan 2023 | TEUs

Source: DataLiner (click here to request a demo)

Furthermore, increased production costs may have contributed to the rise in tire imports. Extra-factory production costs for those who produce in Brazil rose by 28% in 2021, according to the National Association of the Tire Industry (ANIP), while import costs fell by at least 17% during the same period.

Source: Comex do Brasil

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