Key Market Indicators
The import of electrical equipment in Brazil is projected to climb to approximately $24.2 billion by 2028, up from about $22.8 billion in 2023. This represents an annual growth rate of 0.9%. The demand for such equipment in Brazil has been increasing steadily by 0.9% each year since 1994. In contrast, the export of electrical equipment from Brazil is expected to decline. Projections indicate a decrease to roughly $2.7 billion by 2028, down from around $3.1 billion in 2023. This marks an annual decline of 2%. The supply of electrical equipment for export has been consistently falling at a rate of 2.4% per year since 1994.
