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Pricing

2022
Flag → Flag
Exports $746MRnk 55 / 223
2022
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Top Product $250MCopper Ore
2022
Flag → Flag
Exports $1.1BRnk 22 / 207
2022
Flag → Flag
Top Product $233MMixed Mineral or Chemical Fertilizers
2022
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Economic Complexity (ECI) ECI 0.36Rnk 49 / 133
2022
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Economic Complexity (ECI) ECI 1.41Rnk 13 / 133
2022
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GDP$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
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GDP GROWTH-22.1%CURRENT US$
Rnk 180 / 186
2022
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 GDP$281BCURRENT US$
Rnk 47 / 186
2012-2022
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GDP GROWTH8.73%CURRENT US$
Rnk 147 / 186
2022
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GDP PC $8,918CURRENT US$
Rnk 82 / 186
2012-2022
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GDP PC GROWTH-27.7%CURRENT US$
Rnk 177 / 186
2022
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GDP PC$50,537CURRENT US$
Rnk 18 / 186
2012-2022
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GDP PC GROWTH5.93%CURRENT US$
Rnk 127 / 186

About

Brazil-Finland Trade: In 2022, Brazil exported $746M to Finland. The main products that Brazil exported to Finland were Copper Ore ($250M), Nickel Ore ($151M), and Ferroalloys ($85.6M). Over the past 5 years the exports of Brazil to Finland have increased at an annualized rate of 5.04%, from $583M in 2017 to $746M in 2022.

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

Finland-Brazil Trade: In 2022, Finland exported $1.1B to Brazil. The main products that Finland exported to Brazil were Mixed Mineral or Chemical Fertilizers ($233M), Steam Boilers ($149M), and Papermaking Machines ($80.4M). Over the past 5 years the exports of Finland to Brazil have increased at an annualized rate of 19.6%,  from $449M in 2017 to $1.1B in 2022.

In 2020, Finland exported services to Brazil worth $270M, with Computer and information services ($159M), Other business services ($105M), and Royalties and license fees ($3.43M) 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, Finland ranked 13 in the Economic Complexity Index (ECI 1.41), and 46 in total exports ($89.9B).

Latest Trends

September, 2024

About

Overview In September 2024, Brazil exported $75.1M and imported $50.6M from Finland, resulting in a positive trade balance of $24.5M. Between September 2023 and September 2024 the exports of Brazil have increased by $26.5M (54.5%) from $48.6M to $75.1M, while imports increased by $6.16M (13.8%) from $44.5M to $50.6M.

Trade In September 2024, the top exports of Brazil to Finland were Copper Ore ($20.6M), Coffee ($6.21M), Ferroalloys ($4.25M), Coffee and Tea Extracts ($2.23M), and Liquid Dispersing Machines ($1.42M). In September 2024 the top imports of Brazil from Finland were Tractors ($7.34M), Other Construction Vehicles ($6.74M), Raw Nickel ($4.59M), Phosphoric Acid ($4.53M), and Other Heating Machinery ($4.11M).

Origins In September 2024 the exports of Brazil were mainly from Goiás ($24.2M), Alagoas ($20.1M), Bahia ($17.4M), Minas Gerais ($9.38M), and São Paulo ($3.34M), while imports destinations were mainly São Paulo ($19.6M), Santa Catarina ($7.47M), Rio Grande do Sul ($5.84M), Paraná ($5.75M), and Minas Gerais ($4.04M).

Growth In September 2024, the increase in Brazil's year-by-year exports to Finland was explained primarily by an increase in product exports in Copper Ore ($20.6M or 2.06M%), Coffee and Tea Extracts ($2.05M or 1.13k%), and Engine Parts ($404k or 46%). In September 2024, the increase in Brazil's year-by-year imports  from Finland was explained primarily by an increase in product imports  in Tractors ($6.36M or 649%), Other Heating Machinery ($4.1M or 32.9k%), and Raw Nickel ($4.04M or 744%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (September 2023 - September 2024)$26.5M(54.5%)
IMPORT GROWTH (September 2023 - September 2024)$6.16M(13.8%)
MAIN EXPORTER (September 2024)Goiás$24.2M

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 Finland and Brazil trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Finland and Brazil Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Brazil exported $746M to Finland. The main products exported from Brazil to Finland were Copper Ore ($250M), Nickel Ore ($151M), and Ferroalloys ($85.6M). During the last 5 years the exports of Brazil to Finland have increased at an annualized rate of 5.04%, from $583M in 2017 to $746M in 2022.

In 2017, Finland exported $1.1B to Brazil. The main products exported from Finland to Brazil were Mixed Mineral or Chemical Fertilizers ($233M), Steam Boilers ($149M), and Papermaking Machines ($80.4M). During the last 5 years the exports of Finland to Brazil have increased at an annualized rate of 19.6%, from $449M in 2022 to $1.1B in 2017.

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

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

Market Competitiveness

Color
Brazil
Top DestinationChina$90.1B
Finland
Top DestinationGermany$9.99B

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

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

In 2022, countries that imported more from Finland than Brazil included Sweden ($9.1B), Estonia ($3.58B), and Germany ($9.99B).

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

Comparative Advantage Brazil - Finland

Flow
Scale

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

During 2022, Brazil had a large net trade with Finland in the exports of Mineral Products ($414M), Metals ($93.9M), and Vegetable Products ($85.9M).

During 2017, Finland had a large net trade with Brazil in the exports of Machines ($506M), Chemical Products ($338M), and Transportation ($60.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Brazil Finland+$6.49MRaw Sugar
Top Product Potential Finland Brazil+$15.2MRefined 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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Bilateral Service Trade

In 2020, Finland exported services to Brazil worth $270M, with Computer and information services ($159M), Other business services ($105M), and Royalties and license fees ($3.43M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Finland (Flag) to Brazil (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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

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