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2022
Flag → Flag
Exports $2.51BRnk 14 / 223
2022
Flag → Flag
Top Product $720MCars
2022
Flag → Flag
Exports $1.37BRnk 5 / 187
2022
Flag → Flag
Top Product $617MCoal Briquettes
2022
Flag
Economic Complexity (ECI) ECI 0.36Rnk 49 / 133
2022
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Economic Complexity (ECI) ECI 0.11Rnk 58 / 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$344BCURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP GROWTH-7.22%CURRENT US$
Rnk 172 / 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$6,630CURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP PC GROWTH-18.1%CURRENT US$
Rnk 169 / 186

About

Brazil-Colombia Trade: In 2022, Brazil exported $2.51B to Colombia. The main products that Brazil exported to Colombia were Cars ($720M), Corn ($700M), and Coffee ($307M). Over the past 5 years the exports of Brazil to Colombia have increased at an annualized rate of 38%, from $503M in 2017 to $2.51B in 2022.

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

Colombia-Brazil Trade: In 2022, Colombia exported $1.37B to Brazil. The main products that Colombia exported to Brazil were Coal Briquettes ($617M), Coke ($531M), and Vinyl Chloride Polymers ($312M). Over the past 5 years the exports of Colombia to Brazil have increased at an annualized rate of 61.9%,  from $123M in 2017 to $1.37B in 2022.

In 2022, Colombia 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, Colombia ranked 58 in the Economic Complexity Index (ECI 0.11), and 53 in total exports ($60.3B).

Latest Trends

May, 2024

About

Overview In May 2024, Brazil exported $292M and imported $156M from Colombia, resulting in a positive trade balance of $136M. Between May 2023 and May 2024 the exports of Brazil have decreased by $-70.5M (-19.4%) from $363M to $292M, while imports decreased by $-113M (-41.9%) from $269M to $156M.

Trade In May 2024, the top exports of Brazil to Colombia were Corn ($148M), Cars ($63.3M), Coffee ($16.6M), Electrical Transformers ($15.6M), and Delivery Trucks ($14.5M). In May 2024 the top imports of Brazil from Colombia were Coke ($67.6M), Coal Briquettes ($39.8M), Palm Oil ($14.5M), Propylene Polymers ($12.8M), and Vinyl Chloride Polymers ($11.6M).

Origins In May 2024 the exports of Brazil were mainly from São Paulo ($157M), Paraná ($32.8M), Minas Gerais ($23.9M), Rio Grande do Sul ($13.5M), and Santa Catarina ($11.1M), while imports destinations were mainly Minas Gerais ($33.3M), Santa Catarina ($28M), Rio de Janeiro ($25.6M), São Paulo ($16M), and Bahia ($15.7M).

Growth In May 2024, the decrease in Brazil's year-by-year exports to Colombia was explained primarily by an decrease in product exports in Polyacetals ($-4.74M or -77.2%), Other Uncoated Paper ($-3.15M or -98.7%), and Unglazed Ceramics ($-2.85M or -72.4%). In May 2024, the decrease in Brazil's year-by-year imports  from Colombia was explained primarily by an decrease in product imports  in Coal Briquettes ($-47.1M or -54.2%), Vinyl Chloride Polymers ($-20.9M or -64.2%), and Polyacetals ($-825k or -31.6%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (May 2023 - May 2024)$-70.5M(-19.4%)
IMPORT GROWTH (May 2023 - May 2024)$-113M(-41.9%)
MAIN EXPORTER (May 2024)São Paulo$157M

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 Colombia and Brazil trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Colombia and Brazil Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Brazil exported $2.51B to Colombia. The main products exported from Brazil to Colombia were Cars ($720M), Corn ($700M), and Coffee ($307M). During the last 5 years the exports of Brazil to Colombia have increased at an annualized rate of 38%, from $503M in 2017 to $2.51B in 2022.

In 2017, Colombia exported $1.37B to Brazil. The main products exported from Colombia to Brazil were Coal Briquettes ($617M), Coke ($531M), and Vinyl Chloride Polymers ($312M). During the last 22 years the exports of Colombia to Brazil have increased at an annualized rate of 61.9%, from $123M in 1995 to $1.37B in 2017.

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

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

Market Competitiveness

Color
Brazil
Top DestinationChina$90.1B
Colombia
Top DestinationUnited States$15.6B

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

In 2022, countries that imported more from Brazil than Colombia included China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

In 2022, countries that imported more from Colombia than Brazil included Panama ($5.84B), Ecuador ($1.89B), and Bonaire ($394M).

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

Comparative Advantage Brazil - Colombia

Flow
Scale

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

During 2022, Brazil had a large net trade with Colombia in the exports of Transportation ($1.27B), Vegetable Products ($1.06B), and Machines ($633M).

During 2017, Colombia had a large net trade with Brazil in the exports of Mineral Products ($1.21B), Plastics and Rubbers ($563M), and Chemical Products ($266M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Brazil Colombia+$120MRefined Petroleum
Top Product Potential Colombia Brazil+$247MCoal 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.

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Economic Complexity

Competitive Landscape

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

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

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