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

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Brazil-Colombia In 2020, Brazil exported $2.41B to Colombia. The main products that Brazil exported to Colombia are Cars ($304M), Buses ($115M), and Motor vehicle (8701 to 8705) chassis fitted with engine ($108M). During the last 25 years the exports of Brazil to Colombia have increased at an annualized rate of 6.48%, from $503M in 1995 to $2.41B in 2020.

In 2020, Brazil did not export any services to Colombia.

Colombia-Brazil In 2020, Colombia exported $1.28B to Brazil. The main products that Colombia exported to Brazil were Coal Briquettes ($260M), Vinyl Chloride Polymers ($205M), and Coke ($198M). During the last 25 years the exports of Colombia to Brazil have increased at an annualized rate of 9.82%, from $123M in 1995 to $1.28B in 2020.

In 2020, Colombia did not export any services to Brazil.

Comparison In 2020, Brazil ranked 47 in the Economic Complexity Index (ECI 0.44), and 25 in total exports ($214B). That same year, Colombia ranked 52 in the Economic Complexity Index (ECI 0.14), and 61 in total exports ($32.2B).

Latest Trends

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September, 2022

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Overview In September 2022, Brazil exported $464M and imported $225M from Colombia, resulting in a positive trade balance of $239M. Between September 2021 and September 2022 the exports of Brazil have increased by $99.5M (27.3%) from $365M to $464M, while imports increased by $36.7M (19.5%) from $188M to $225M.

Trade In September 2022, the top exports of Brazil to Colombia were Corn ($111M), Coffee ($37.7M), Cars ($25.9M), Motor vehicles; parts and accessories (8701... ($14.7M), and Spark-Ignition Engines ($10.6M). In September 2022 the top imports of Brazil from Colombia were Coke ($57M), Coal Briquettes ($52.9M), Vinyl Chloride Polymers ($27.2M), Pesticides ($22.6M), and Propylene Polymers ($12.6M).

Origins In September 2022 the exports of Brazil were mainly from São Paulo ($147M), Mato Grosso ($65.1M), Paraná ($49.7M), Minas Gerais ($34.1M), and Rio de Janeiro ($26.8M), while imports destinations were mainly Minas Gerais ($44.7M), Santa Catarina ($36.6M), Rio de Janeiro ($35.6M), São Paulo ($27.4M), and Paraná ($18.6M).

Growth In September 2022, the increase in Brazil's year-by-year exports to Colombia was explained primarily by an increase in product exports in Corn ($11.1M or 181k%), Refined Petroleum ($7.89M or 553%), and Coffee ($7.8M or 1.51k%). In September 2022, the increase in Brazil's year-by-year imports from Colombia was explained primarily by an increase in product imports in Vinyl Chloride Polymers ($11.8M or 48.6%), Scrap Copper ($7.6M or 323%), and Coal Briquettes ($3.76M or 18.2%).

Latest Trade

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Flow

Time Scale

Depth

Value

EXPORT GROWTH (September 2021 - September 2022): $99.5M, (27.3%)

IMPORT GROWTH (September 2021 - September 2022): $36.7M, (19.5%)

MAIN EXPORTER (September 2022): São Paulo, $147M

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 2020, Brazil exported $2.41B to Colombia. The main products exported from Brazil to Colombia were Cars ($304M), Buses ($115M), and Motor vehicle (8701 to 8705) chassis fitted with engine ($108M). During the last 25 years the exports of Brazil to Colombia have increased at an annualized rate of 6.48%, from $503M in 1995 to $2.41B in 2020.

In 2020, Colombia exported $1.28B to Brazil. The main products exported from Colombia to Brazil were Coal Briquettes ($260M), Vinyl Chloride Polymers ($205M), and Coke ($198M). During the last 25 years the exports of Colombia to Brazil have increased at an annualized rate of 9.82%, from $123M in 1995 to $1.28B in 2020.

Market Competitiveness

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Measure

SectionYear

Brazil
Top Destination: China, $67.9B

Colombia
Top Destination: United States, $9.55B

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 2019, countries that imported more from Brazil than Colombia were China ($67.9B), United States ($21.9B), and Argentina ($8.57B).

In 2019, countries that imported more from Colombia than Brazil were Panama ($1.43B), Ecuador ($1.51B), and Saint Lucia ($266M).

Comparative Advantage Brazil - Colombia

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Flow

Year

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

During 2020, Brazil had a large net trade with Colombia in the exports of Transportation ($668M), Machines ($326M), and Chemical Products ($249M).

During 2020, Colombia had a large net trade with Brazil in the exports of Mineral Products ($467M), Plastics and Rubbers ($409M), and Chemical Products ($167M).

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

Market Competitiveness

Comparative Advantage Brazil - Colombia

Economic Complexity

Competitive Landscape

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