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Pricing

2022
Flag → Flag
Exports $3.78BRnk 21 / 223
2022
Flag → Flag
Top Product $815MGold
2022
Flag → Flag
Exports $3.17BRnk 27 / 224
2022
Flag → Flag
Top Product $406MGas Turbines
2022
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Economic Complexity (ECI) ECI 0.29Rnk 49 / 124
2022
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Economic Complexity (ECI) ECI 1.38Rnk 12 / 124
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$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
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GDP GROWTH13.5%CURRENT US$
Rnk 139 / 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$45,850CURRENT US$
Rnk 23 / 186
2012-2022
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GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186

About

Brazil-United Kingdom In 2022, Brazil exported $3.78B to United Kingdom. The main products that Brazil exported to United Kingdom are Gold ($815M), Soybeans ($364M), and Other Prepared Meat ($234M). During the last 27 years the exports of Brazil to United Kingdom have increased at an annualized rate of 3.69%, from $1.42B in 1995 to $3.78B in 2022.

In 2022, Brazil did not export any services to United Kingdom.

United Kingdom-Brazil In 2022, United Kingdom exported $3.17B to Brazil. The main products that United Kingdom exported to Brazil were Gas Turbines ($406M), Hard Liquor ($202M), and Packaged Medicaments ($172M). During the last 27 years the exports of United Kingdom to Brazil have increased at an annualized rate of 4.2%, from $1.04B in 1995 to $3.17B in 2022.

In 2019, United Kingdom exported services to Brazil worth $1.78B, with Other business services ($624M), Travel ($417M), and Insurance services ($176M) being the largest in terms of value.

Comparison In 2022,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.29), and 25 in total exports ($341B). That same year, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.38), and 14 in total exports ($469B).

Latest Trends

February, 2024

About

Overview In February 2024, Brazil exported $258M and imported $206M from United Kingdom, resulting in a positive trade balance of $52.9M. Between February 2023 and February 2024 the exports of Brazil have increased by $15M (6.18%) from $243M to $258M, while imports increased by $7.23M (3.65%) from $198M to $206M.

Trade In February 2024, the top exports of Brazil to United Kingdom were Gold ($48.3M), Soybean Meal ($39.1M), Raw Sugar ($26.4M), Ferroalloys ($20.7M), and Other Prepared Meat ($17.7M). In February 2024 the top imports of Brazil from United Kingdom were Packaged Medicaments ($24.3M), Hard Liquor ($14.6M), Nitrogen Heterocyclic Compounds ($9.52M), Cars ($9.43M), and Valves ($7.84M).

Origins In February 2024 the exports of Brazil were mainly from Minas Gerais ($47.1M), São Paulo ($38.9M), Goiás ($24.5M), Mato Grosso ($22.7M), and Santa Catarina ($20.8M), while imports destinations were mainly São Paulo ($78M), Rio de Janeiro ($55M), Santa Catarina ($29.1M), Paraná ($13M), and Espírito Santo ($9.92M).

Growth In February 2024, the increase in Brazil's year-by-year exports to United Kingdom was explained primarily by an increase in product exports in Soybean Meal ($29.7M or 317%), Ferroalloys ($18.9M or 1.04k%), and Raw Sugar ($13M or 97.4%). In February 2024, the increase in Brazil's year-by-year imports  from United Kingdom was explained primarily by an increase in product imports  in Packaged Medicaments ($15.1M or 165%), Nitrogen Heterocyclic Compounds ($9.26M or 3.64k%), and Hard Liquor ($4.41M or 43.1%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (February 2023 - February 2024)$15M(6.18%)
IMPORT GROWTH (February 2023 - February 2024)$7.23M(3.65%)
MAIN EXPORTER (February 2024)Minas Gerais$47.1M

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 United Kingdom and Brazil trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Brazil exported $3.78B to United Kingdom. The main products exported from Brazil to United Kingdom were Gold ($815M), Soybeans ($364M), and Other Prepared Meat ($234M). During the last 27 years the exports of Brazil to United Kingdom have increased at an annualized rate of 3.69%, from $1.42B in 1995 to $3.78B in 2022.

In 2022, United Kingdom exported $3.17B to Brazil. The main products exported from United Kingdom to Brazil were Gas Turbines ($406M), Hard Liquor ($202M), and Packaged Medicaments ($172M). During the last 27 years the exports of United Kingdom to Brazil have increased at an annualized rate of 4.2%, from $1.04B in 1995 to $3.17B in 2022.

Exports from Brazil (Flag) to United Kingdom (Flag) (2022)

Exports from United Kingdom (Flag) to Brazil (Flag) (2022)

Market Competitiveness

Color
Brazil
Top DestinationChina$90.1B
United Kingdom
Top DestinationUnited States$61.8B

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 2021, countries that imported more from Brazil than United Kingdom were China ($90.1B), Argentina ($15.4B), and Chile ($9.17B).

In 2021, countries that imported more from United Kingdom than Brazil were Germany ($40.6B), Ireland ($32.6B), and Netherlands ($41.9B).

Difference in imports from United Kingdom (Flag) and Brazil (Flag) (2022)

Comparative Advantage Brazil - United Kingdom

Flow
Scale

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

During 2022, Brazil had a large net trade with United Kingdom in the exports of Precious Metals ($828M), Vegetable Products ($768M), and Foodstuffs ($581M).

During 2022, United Kingdom had a large net trade with Brazil in the exports of Machines ($1.1B), Chemical Products ($789M), and Transportation ($284M).

Service Trade

Bilateral Service Trade

In 2019, United Kingdom exported services to Brazil worth $1.78B, with Other business services ($624M), Travel ($417M), and Insurance services ($176M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from United Kingdom (Flag) to Brazil (Flag) (2019)

Economic Complexity

Competitive Landscape

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 United Kingdom. Similarly, the more yellow a dot/product is, the more United Kingdom has comparative advantage over Brazil.

Product Space of Brazil (Flag) and United Kingdom (Flag) (2022)

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