The forecasted export value of buses from Brazil for 2024 stands at 356.61 million USD, showing a steady increase through to 2028, reaching 386.67 million USD. The year-on-year growth rates are approximately 2.17% from 2024 to 2025, 2.08% from 2025 to 2026, 2.00% from 2026 to 2027, and 1.92% from 2027 to 2028. Looking at the cumulative annual growth rate (CAGR), the average variation over the forecasted period from 2024 to 2028 is 2.04%.
Future trends to watch for:
- Shifts in global demand for green and electric buses, which may impact Brazil's exports positively if the manufacturing sector adapts.
- Potential trade policies or economic conditions both within Brazil and in key import markets that could affect trade dynamics.
- Technological advancements in the automotive sector that might drive demand for Brazilian buses if they maintain a competitive edge in innovation and manufacturing efficiency.
The base value for comparisons should be the export figures from 2023.
