Flag Brazil / United Kingdom Flag

Exports Flag → Flag  (2018): $3.05B, Rnk 16 / 216

Top Product Flag → Flag (2018): $758M, Gold

Exports Flag → Flag (2018): $2.6B, Rnk 29 / 217

Top Product Flag → Flag (2018): $372M, Gas Turbines

Economic Complexity of Flag (2018): ECI 0.62, Rnk 39 / 137

Economic Complexity of Flag (2018): ECI 1.49, Rnk 13 / 137

GDP Flag (2018): $1.87T, CURRENT US$
Rnk 9 / 196

GDP GROWTH Flag (2008-2018): 10.2%, CURRENT US$
Rnk 143 / 196

GDP Flag (2018): $2.86T, CURRENT US$
Rnk 5 / 196

GDP GROWTH Flag (2008-2018): -2.31%, CURRENT US$
Rnk 171 / 196

GDP PC Flag (2018): $8,921, CURRENT US$
Rnk 82 / 196

GDP PC GROWTH Flag (2008-2018): 1.02%, CURRENT US$
Rnk 141 / 196

GDP PC Flag (2018): $42,944, CURRENT US$
Rnk 22 / 196

GDP PC GROWTH Flag (2008-2018): -9.18%, CURRENT US$
Rnk 168 / 196

Brazil-United Kingdom: In 2018, Brazil exported $3.05B to United Kingdom. The main products exported from Brazil to United Kingdom were Gold ($758M), Other Prepared Meat ($194M), and Hydrogen ($163M). During the last 23 years the exports of Brazil to United Kingdom have increased at an annualized rate of 3.19%, from $1.48B in 1995 to $3.05B in 2018.

United Kingdom-Brazil: In 2018, United Kingdom exported $2.6B to Brazil. The main products exported from United Kingdom to Brazil were Gas Turbines ($372M), Packaged Medicaments ($154M), and Blood, antisera, vaccines, toxins and cultures ($131M). During the last 23 years the exports of United Kingdom to Brazil have increased at an annualized rate of 4.17%, from $1.02B in 1995 to $2.6B in 2018. In 2017, United Kingdom exported services to Brazil worth $1.52B, with Travel ($407M), Other business services ($262M), and Transportation ($214M) being the largest in terms of value.

Comparison: In 2018, Brazil ranked 39 in the Economic Complexity Index (ECI 0.62), and 25 in total exports ($242B). That same year, United Kingdom ranked 13 in the Economic Complexity Index (ECI 1.49), and 9 in total exports ($464B). In terms of GDP Per Capita, Brazil was ranked 82 with a GDP Per Capita of $8,921, and United Kingdom was ranked 22 with a GDP Per Capita of $42,944.

Bilateral Trade by Products

#permalink to section
Depth
Value

In 2018, Brazil exported $3.05B to United Kingdom. The main products exported from Brazil to United Kingdom were Gold ($758M), Other Prepared Meat ($194M), and Hydrogen ($163M). During the last 23 years the exports of Brazil to United Kingdom have increased at an annualized rate of 3.19%, from $1.48B in 1995 to $3.05B in 2018.

In 2018, United Kingdom exported $2.6B to Brazil. The main products exported from United Kingdom to Brazil were Gas Turbines ($372M), Packaged Medicaments ($154M), and Blood, antisera, vaccines, toxins and cultures ($131M). During the last 23 years the exports of United Kingdom to Brazil have increased at an annualized rate of 4.17%, from $1.02B in 1995 to $2.6B in 2018.

Market Competitiveness

#permalink to section
Measure

Brazil
Top Destination
: China, $64.3B

United Kingdom
Top Destination
: United States, $61.9B

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

In 2018, countries that imported more from Brazil than United Kingdom were China ($64.3B), Argentina ($15B), and Chile ($6.45B).

In 2018, countries that imported more from United Kingdom than Brazil were Germany ($45.5B), United States ($61.9B), and Ireland ($27.4B).

Comparative Advantage Brazil - United Kingdom

#permalink to section
Depth

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

During 2018, Brazil had a large net trade with United Kingdom in the exports of Precious Metals ($761M), Vegetable Products ($438M), and Machines ($351M).

During 2018, United Kingdom had a large net trade with Brazil in the exports of Machines ($794M), Chemical Products ($650M), and Transportation ($383M).

Trade Forecasts

#permalink to section

This section shows a forecast for total trade between Brazil and United Kingdom. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Bilateral Service Trade

#permalink to section

In 2017, United Kingdom exported services to Brazil worth $1.52B, with Travel ($407M), Other business services ($262M), and Transportation ($214M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

#permalink to section

Competitive Landscape

#permalink to section

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