Brazil (BRA) and United Kingdom (GBR) Trade | The Observatory of Economic Complexity

- Chat OEC
  New
- Company Explorer
  PREMIUM
- Trend Explorer
  PRO
- - Tree map
  - Stacked
  - Network
  - Map
  - Scatter
- Data Availability
- - API Documentation
    PRO
  - Notebooks
  - Data Explorer
    PRO
- - Bill of Lading
    PREMIUM
  - National Datasets
    PREMIUM
  - Product Datasets
  - International Datasets
- - ECI Countries (2022)
  - PCI Products (2022)
  - ECI, PCI (1964-2017)
- - Pick 5
  - Connectrade
  - Tradle
  - Trivia
- - Store

Pricing

Brazil (BRA) and United Kingdom (GBR) Trade

2022

→

Exports $3.78BRnk 21 / 223

2022

→

About

Brazil-United Kingdom Trade: In 2022, Brazil exported $3.78B to United Kingdom. The main products that Brazil exported to United Kingdom were Gold ($815M), Soybeans ($364M), and Other Prepared Meat ($234M). Over the past 5 years the exports of Brazil to United Kingdom have increased at an annualized rate of 5.07%, from $2.95B in 2017 to $3.78B in 2022.

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

United Kingdom-Brazil Trade: 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). Over the past 5 years the exports of United Kingdom to Brazil have increased at an annualized rate of 5.21%, from $2.46B in 2017 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 0.36), and 25 in total exports ($341B). That same year, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B).

Latest Trends

October, 2024

About

Overview In October 2024, Brazil exported $286M and imported $295M from United Kingdom, resulting in a negative trade balance of $8.9M. Between October 2023 and October 2024 the exports of Brazil have decreased by $-62.6M (-18%) from $348M to $286M, while imports increased by $67.9M (29.9%) from $227M to $295M.

Trade In October 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 October 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 October 2024 the exports of Brazil were mainly from Minas Gerais ($103M), São Paulo ($58.6M), Goiás ($24.4M), Santa Catarina ($24.1M), and Paraná ($14.7M), while imports destinations were mainly São Paulo ($97.5M), Rio de Janeiro ($71.5M), Santa Catarina ($53.5M), Paraná ($22.1M), and Minas Gerais ($14.2M).

Growth In October 2024, the decrease in Brazil's year-by-year exports to United Kingdom was explained primarily by an decrease in product exports in Gold ($-22.3M or -31.6%), Other Prepared Meat ($-3.3M or -15.7%), and Explosive Ammunition ($-2.9M or -93.8%). In October 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

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

Depth

HS2

HS4

HS6

EXPORT GROWTH (October 2023 - October 2024)$-62.6M(-18%)

IMPORT GROWTH (October 2023 - October 2024)$67.9M(29.9%)

MAIN EXPORTER (October 2024)Minas Gerais$103M

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.

Explore United Kingdom and Brazil Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

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 5 years the exports of Brazil to United Kingdom have increased at an annualized rate of 5.07%, from $2.95B in 2017 to $3.78B in 2022.

In 2017, 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 5 years the exports of United Kingdom to Brazil have increased at an annualized rate of 5.21%, from $2.46B in 2022 to $3.17B in 2017.

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

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 2022, countries that imported more from Brazil than United Kingdom included China ($90.1B), Argentina ($15.4B), and Chile ($9.17B).

In 2022, countries that imported more from United Kingdom than Brazil included Germany ($40.6B), Ireland ($32.6B), and Netherlands ($41.9B).

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

Comparative Advantage Brazil - United Kingdom

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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 2017, United Kingdom had a large net trade with Brazil in the exports of Machines ($1.1B), Chemical Products ($789M), and Transportation ($284M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Brazil United Kingdom+$151MGold

Top Product Potential United Kingdom Brazil+$137MRefined 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.

Subscribe today to OEC pro and access the latest data

Bilateral Service Trade

Gbr Year

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 () to Brazil () (2019)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

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

Keep Exploring

Brazil
France
Brazil
Gibraltar
Bolivia
United Kingdom
Chile
United Kingdom

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world

Follow @OECtoday on

Created, Designed, and Developed by:

In collaboration with

About the OEC Privacy Policy Terms