Brazil (BRA) and Canada (CAN) Trade | The Observatory of Economic Complexity

- Chat OEC
  New
- Company Explorer
  PREMIUM
- Trend Explorer
  PRO
- - Tree map
  - Stacked
  - Network
  - Map
  - Scatter
- Data Availability
- - API Documentation
    PRO
  - Notebooks
  - Data Explorer
    PRO
- - Bill of Lading
    PREMIUM
  - National Datasets
    PREMIUM
  - Product Datasets
  - International Datasets
- - ECI Countries (2022)
  - PCI Products (2022)
  - ECI, PCI (1964-2017)
- - Pick 5
  - Connectrade
  - Tradle
  - Trivia
- - Store

Pricing

Brazil (BRA) and Canada (CAN) Trade

2022

→

Exports $5.63BRnk 13 / 223

2022

→

About

Brazil-Canada Trade: In 2022, Brazil exported $5.63B to Canada. The main products that Brazil exported to Canada were Gold ($1.67B), Aluminium Oxide ($1.43B), and Raw Sugar ($500M). Over the past 5 years the exports of Brazil to Canada have increased at an annualized rate of 14%, from $2.92B in 2017 to $5.63B in 2022.

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

Canada-Brazil Trade: In 2022, Canada exported $3.53B to Brazil. The main products that Canada exported to Brazil were Potassic Fertilizers ($2.31B), Planes, Helicopters, and/or Spacecraft ($136M), and Gas Turbines ($124M). Over the past 5 years the exports of Canada to Brazil have increased at an annualized rate of 19.6%, from $1.44B in 2017 to $3.53B in 2022.

In 2020, Canada exported services to Brazil worth $403M, with Travel ($259M), Computer and information services ($39.5M), and Transportation ($36.5M) being the largest in terms of value.

Comparison: In 2022, Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B). That same year, Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B).

Latest Trends

October, 2024

About

Overview In October 2024, Brazil exported $656M and imported $198M from Canada, resulting in a positive trade balance of $458M. Between October 2023 and October 2024 the exports of Brazil have increased by $101M (18.2%) from $555M to $656M, while imports decreased by $-51.7M (-20.7%) from $249M to $198M.

Trade In October 2024, the top exports of Brazil to Canada were Gold ($128M), Aluminium Oxide ($122M), Planes, Helicopters, and/or Spacecraft ($60.5M), Nickel Ore ($32M), and Raw Sugar ($16.2M). In October 2024 the top imports of Brazil from Canada were Potassic Fertilizers ($97.1M), Ethylene Polymers ($15.8M), Packaged Medicaments ($8.42M), Gas Turbines ($7.9M), and Harvesting Machinery ($4.85M).

Origins In October 2024 the exports of Brazil were mainly from Maranhão ($136M), São Paulo ($112M), Minas Gerais ($111M), Bahia ($69.1M), and Pará ($58.9M), while imports destinations were mainly São Paulo ($53.9M), Mato Grosso ($39.4M), Paraná ($28.2M), Rio de Janeiro ($17.9M), and Santa Catarina ($11.5M).

Growth In October 2024, the increase in Brazil's year-by-year exports to Canada was explained primarily by an increase in product exports in Gold ($13.4M or 11.7%), Iron Pipes ($7.17M or 267k%), and Large Construction Vehicles ($5.5M or 108%). In October 2024, the decrease in Brazil's year-by-year imports from Canada was explained primarily by an decrease in product imports in Ethylene Polymers ($-3.77M or -19.3%), Rubberworking Machinery ($-2.71M or -96.3%), and Cobalt ($-1.64M or -85.6%).

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

Depth

HS2

HS4

HS6

EXPORT GROWTH (October 2023 - October 2024)$101M(18.2%)

IMPORT GROWTH (October 2023 - October 2024)$-51.7M(-20.7%)

MAIN EXPORTER (October 2024)Maranhão$136M

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 Canada and Brazil trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Canada and Brazil Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Brazil exported $5.63B to Canada. The main products exported from Brazil to Canada were Gold ($1.67B), Aluminium Oxide ($1.43B), and Raw Sugar ($500M). During the last 5 years the exports of Brazil to Canada have increased at an annualized rate of 14%, from $2.92B in 2017 to $5.63B in 2022.

In 2017, Canada exported $3.53B to Brazil. The main products exported from Canada to Brazil were Potassic Fertilizers ($2.31B), Planes, Helicopters, and/or Spacecraft ($136M), and Gas Turbines ($124M). During the last 5 years the exports of Canada to Brazil have increased at an annualized rate of 19.6%, from $1.44B in 2022 to $3.53B in 2017.

Exports from Brazil () to Canada () (2022)

Exports from Canada () to Brazil () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Brazil
Top DestinationChina$90.1B

Canada
Top DestinationUnited States$438B

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

In 2022, countries that imported more from Brazil than Canada included China ($90.1B), Argentina ($15.4B), and Chile ($9.17B).

In 2022, countries that imported more from Canada than Brazil included United States ($438B), United Kingdom ($12.9B), and Japan ($14.3B).

Difference in imports from Canada () and Brazil () (2022)

Comparative Advantage Brazil - Canada

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Brazil had a large net trade with Canada in the exports of Precious Metals ($1.69B), Chemical Products ($1.57B), and Foodstuffs ($603M).

During 2017, Canada had a large net trade with Brazil in the exports of Chemical Products ($2.44B), Machines ($357M), and Transportation ($195M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Brazil Canada+$81.6MRefined Petroleum

Top Product Potential Canada Brazil+$62.2MCoal Briquettes

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.

Subscribe today to OEC pro and access the latest data

Bilateral Service Trade

Can Year

In 2020, Canada exported services to Brazil worth $403M, with Travel ($259M), Computer and information services ($39.5M), and Transportation ($36.5M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Canada () to Brazil () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

Product Space of Brazil () and Canada () (2022)

Keep Exploring

Brazil
Barbados
Brazil
Costa Rica
Bolivia
Canada
Chile
Canada

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world

Follow @OECtoday on

Created, Designed, and Developed by:

In collaboration with

About the OEC Privacy Policy Terms