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Pricing

2022
Flag → Flag
Exports $15.4BRnk 3 / 223
2022
Flag → Flag
Top Product $1.53BCars
2022
Flag → Flag
Exports $12.6BRnk 1 / 168
2022
Flag → Flag
Top Product $2.53BDelivery Trucks
2022
Flag
Economic Complexity (ECI) ECI 0.36Rnk 49 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.064Rnk 61 / 133
2022
Flag  
GDP$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP GROWTH-22.1%CURRENT US$
Rnk 180 / 186
2022
Flag
 GDP$633BCURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP GROWTH15.9%CURRENT US$
Rnk 134 / 186
2022
Flag
GDP PC $8,918CURRENT US$
Rnk 82 / 186
2012-2022
Flag
GDP PC GROWTH-27.7%CURRENT US$
Rnk 177 / 186
2022
Flag
GDP PC$13,686CURRENT US$
Rnk 65 / 186
2012-2022
Flag
GDP PC GROWTH4.61%CURRENT US$
Rnk 129 / 186

About

Brazil-Argentina Trade: In 2022, Brazil exported $15.4B to Argentina. The main products that Brazil exported to Argentina were Cars ($1.53B), Motor vehicles; parts and accessories (8701 to 8705) ($1.41B), and Iron Ore ($564M). Over the past 5 years the exports of Brazil to Argentina have decreased at an annualized rate of 2.87%, from $17.8B in 2017 to $15.4B in 2022.

In 2022, Brazil did not export any services to Argentina.

Argentina-Brazil Trade: In 2022, Argentina exported $12.6B to Brazil. The main products that Argentina exported to Brazil were Delivery Trucks ($2.53B), Cars ($2.05B), and Wheat ($1.38B). Over the past 5 years the exports of Argentina to Brazil have increased at an annualized rate of 6.25%,  from $9.34B in 2017 to $12.6B in 2022.

In 2022, Argentina did not export any services to Brazil.

Comparison: In 2022,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B). That same year, Argentina ranked 61 in the Economic Complexity Index (ECI 0.064), and 47 in total exports ($87.2B).

Latest Trends

October, 2024

About

Overview In October 2024, Brazil exported $1.55B and imported $1.43B from Argentina, resulting in a positive trade balance of $119M. Between October 2023 and October 2024 the exports of Brazil have increased by $284M (22.4%) from $1.27B to $1.55B, while imports increased by $332M (30.2%) from $1.1B to $1.43B.

Trade In October 2024, the top exports of Brazil to Argentina were Cars ($98.7M), Motor vehicles; parts and accessories (8701... ($93.1M), Refined Petroleum ($52.6M), Other Large Iron Pipes ($50M), and Iron Ore ($44.5M). In October 2024 the top imports of Brazil from Argentina were Delivery Trucks ($139M), Wheat ($114M), Cars ($52.3M), Barley ($50.3M), and Petroleum Gas ($42.1M).

Origins In October 2024 the exports of Brazil were mainly from São Paulo ($713M), Paraná ($170M), Minas Gerais ($154M), Rio Grande do Sul ($119M), and Rio de Janeiro ($86.5M), while imports destinations were mainly Rio Grande do Sul ($302M), Espírito Santo ($236M), Paraná ($197M), São Paulo ($183M), and Minas Gerais ($161M).

Growth In October 2024, the increase in Brazil's year-by-year exports to Argentina was explained primarily by an increase in product exports in Refined Petroleum ($47.4M or 897%), Motor vehicles; parts and accessories (8701... ($25.3M or 37.3%), and Hot-Rolled Iron ($24.6M or 963%). In October 2024, the increase in Brazil's year-by-year imports  from Argentina was explained primarily by an increase in product imports  in Barley ($43.2M or 615%), Delivery Trucks ($28.5M or 25.8%), and Petroleum Gas ($23M or 120%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (October 2023 - October 2024)$284M(22.4%)
IMPORT GROWTH (October 2023 - October 2024)$332M(30.2%)
MAIN EXPORTER (October 2024)São Paulo$713M

This section shows exports and imports data at subnational level for Brazil. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Brazil over time.

To check Argentina and Brazil trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Argentina and Brazil Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Brazil exported $15.4B to Argentina. The main products exported from Brazil to Argentina were Cars ($1.53B), Motor vehicles; parts and accessories (8701 to 8705) ($1.41B), and Iron Ore ($564M). During the last 5 years the exports of Brazil to Argentina have decreased at an annualized rate of 2.87%, from $17.8B in 2017 to $15.4B in 2022.

In 2017, Argentina exported $12.6B to Brazil. The main products exported from Argentina to Brazil were Delivery Trucks ($2.53B), Cars ($2.05B), and Wheat ($1.38B). During the last 5 years the exports of Argentina to Brazil have increased at an annualized rate of 6.25%, from $9.34B in 2022 to $12.6B in 2017.

Exports from Brazil (Flag) to Argentina (Flag) (2022)

Exports from Argentina (Flag) to Brazil (Flag) (2022)

Market Competitiveness

Color
Brazil
Top DestinationChina$90.1B
Argentina
Top DestinationBrazil$12.6B

This map shows whether countries import more from Brazil or Argentina. Each country is colored based on the difference in imports they receive from Brazil and Argentina or the difference in the growth in imports.

In 2022, countries that imported more from Brazil than Argentina included China ($90.1B), United States ($36.6B), and Netherlands ($11.8B).

In 2022, countries that imported more from Argentina than Brazil included Ireland ($675M), Mozambique ($274M), and Nepal ($208M).

Difference in imports from Argentina (Flag) and Brazil (Flag) (2022)

Comparative Advantage Brazil - Argentina

Flow
Scale

This chart compares trade between Brazil and Argentina by product, considering products traded by both, Brazil and Argentina.

During 2022, Brazil had a large net trade with Argentina in the exports of Transportation ($3.88B), Machines ($2.46B), and Metals ($2.01B).

During 2017, Argentina had a large net trade with Brazil in the exports of Transportation ($5.08B), Vegetable Products ($2.51B), and Mineral Products ($1.15B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Brazil Argentina+$230MRefined Petroleum
Top Product Potential Argentina Brazil+$127MCrude Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Brazil and Argentina. This means that a dot/product with the flag of Brazil indicates it has a comparative advantage over Argentina. Similarly, a dot/product with the flag of Argentina indicates it has a comparative advantage over Brazil.

Product Space of Brazil (Flag) and Argentina (Flag) (2022)

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