Brazil (BRA) and Colombia (COL) Trade | OEC - The Observatory of Economic Complexity

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Brazil-Colombia In 2021, Brazil exported $3.44B to Colombia. The main products that Brazil exported to Colombia are Cars ($520M), Corn ($151M), and Coffee ($126M). During the last 26 years the exports of Brazil to Colombia have increased at an annualized rate of 7.68%, from $503M in 1995 to $3.44B in 2021.

In 2021, Brazil did not export any services to Colombia.

Colombia-Brazil In 2021, Colombia exported $2.07B to Brazil. The main products that Colombia exported to Brazil were Coal Briquettes ($518M), Coke ($463M), and Vinyl Chloride Polymers ($347M). During the last 26 years the exports of Colombia to Brazil have increased at an annualized rate of 11.4%, from $123M in 1995 to $2.07B in 2021.

In 2021, Colombia did not export any services to Brazil.

Comparison In N/A, Brazil ranked 24 in total exports ($288B). That same year, Colombia ranked 60 in total exports ($42.5B). Both countries does not have data related to Economic Complexity Index.

Latest Trends

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June, 2023

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Overview In June 2023, Brazil exported $311M and imported $223M from Colombia, resulting in a positive trade balance of $87.9M. Between June 2022 and June 2023 the exports of Brazil have decreased by $-94.9M (-23.4%) from $406M to $311M, while imports increased by $5.9M (2.71%) from $217M to $223M.

Trade In June 2023, the top exports of Brazil to Colombia were Cars ($28.5M), Corn ($15M), Coffee ($14.9M), Gas Turbines ($12.2M), and Other Edible Preparations ($6.87M). In June 2023 the top imports of Brazil from Colombia were Coal Briquettes ($86.8M), Coke ($40.7M), Vinyl Chloride Polymers ($32.5M), Propylene Polymers ($5.85M), and Styrene Polymers ($3.87M).

Origins In June 2023 the exports of Brazil were mainly from São Paulo ($137M), Mato Grosso ($34.3M), Minas Gerais ($29.9M), Paraná ($27.4M), and Espírito Santo ($19.3M), while imports destinations were mainly Rio de Janeiro ($93.9M), São Paulo ($36.1M), Santa Catarina ($27.9M), Minas Gerais ($19.3M), and Espírito Santo ($10.7M).

Latest Trade

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Flow

Time Scale

Depth

Value

EXPORT GROWTH (June 2022 - June 2023): $-94.9M, (-23.4%)

IMPORT GROWTH (June 2022 - June 2023): $5.9M, (2.71%)

MAIN EXPORTER (June 2023): São Paulo, $137M

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.

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Historical Data

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Bilateral Trade by Products

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Depth

Value

Year

In 2021, Brazil exported $3.44B to Colombia. The main products exported from Brazil to Colombia were Cars ($520M), Corn ($151M), and Coffee ($126M). During the last 26 years the exports of Brazil to Colombia have increased at an annualized rate of 7.68%, from $503M in 1995 to $3.44B in 2021.

In 2021, Colombia exported $2.07B to Brazil. The main products exported from Colombia to Brazil were Coal Briquettes ($518M), Coke ($463M), and Vinyl Chloride Polymers ($347M). During the last 26 years the exports of Colombia to Brazil have increased at an annualized rate of 11.4%, from $123M in 1995 to $2.07B in 2021.

Comparative Advantage Brazil - Colombia

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Flow

Scale

Year

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

During 2021, Brazil had a large net trade with Colombia in the exports of Transportation ($828M), Machines ($506M), and Plastics and Rubbers ($370M).

During 2021, Colombia had a large net trade with Brazil in the exports of Mineral Products ($994M), Plastics and Rubbers ($579M), and Chemical Products ($199M).

Economic Complexity

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Competitive Landscape

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Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Brazil has comparative advantage over Colombia. Similarly, the more yellow a dot/product is, the more Colombia has comparative advantage over Brazil.

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Latest Trends

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Latest Trade

Historical Data

Bilateral Trade by Products

Comparative Advantage Brazil - Colombia

Economic Complexity

Competitive Landscape

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