2022
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GDP
$1.92TCURRENT US$
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2012-2022
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GDP GROWTH
-22.1%CURRENT US$
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2022
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 GDP
$219BCURRENT US$
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2012-2022
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GDP GROWTH
-9.49%CURRENT US$
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2022
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GDP PC 
$8,918CURRENT US$
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2012-2022
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GDP PC GROWTH
-27.7%CURRENT US$
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2022
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GDP PC
$20,732CURRENT US$
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2012-2022
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GDP PC GROWTH
-5.39%CURRENT US$
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About

Brazil-Greece Trade: In 2022, Brazil exported $353M to Greece. The main products that Brazil exported to Greece were Soybeans ($107M), Coffee ($100M), and Refined Petroleum ($40.8M). Over the past 5 years the exports of Brazil to Greece have increased at an annualized rate of 25.4%, from $114M in 2017 to $353M in 2022.

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

Greece-Brazil Trade: In 2022, Greece exported $68.2M to Brazil. The main products that Greece exported to Brazil were Packaged Medicaments ($9.1M), Refined Petroleum ($6.83M), and Razor Blades ($5.72M). Over the past 5 years the exports of Greece to Brazil have increased at an annualized rate of 14%,  from $35.5M in 2017 to $68.2M in 2022.

In 2020, Greece exported services to Brazil worth $941M, with Transportation ($936M), Travel ($3.88M), and Other business services ($685k) 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, Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Brazil exported $353M to Greece. The main products exported from Brazil to Greece were Soybeans ($107M), Coffee ($100M), and Refined Petroleum ($40.8M). During the last 5 years the exports of Brazil to Greece have increased at an annualized rate of 25.4%, from $114M in 2017 to $353M in 2022.

In 2017, Greece exported $68.2M to Brazil. The main products exported from Greece to Brazil were Packaged Medicaments ($9.1M), Refined Petroleum ($6.83M), and Razor Blades ($5.72M). During the last 5 years the exports of Greece to Brazil have increased at an annualized rate of 14%, from $35.5M in 2022 to $68.2M in 2017.

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

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

Market Competitiveness

Color
Brazil
Top Destination
China$90.1B
Greece
Top Destination
Italy$5.82B

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

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

In 2022, countries that imported more from Greece than Brazil included Bulgaria ($3.62B), Cyprus ($2.92B), and North Macedonia ($1.7B).

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

Comparative Advantage Brazil - Greece

Flow
Scale

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

During 2022, Brazil had a large net trade with Greece in the exports of Vegetable Products ($209M), Mineral Products ($61.7M), and Foodstuffs ($45.8M).

During 2017, Greece had a large net trade with Brazil in the exports of Machines ($13.7M), Metals ($13.6M), and Chemical Products ($11.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Brazil Greece+$42.9MRefined Petroleum
Top Product Potential Greece Brazil+$24.9MRefined 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, Greece exported services to Brazil worth $941M, with Transportation ($936M), Travel ($3.88M), and Other business services ($685k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Greece (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 Greece. This means that a dot/product with the flag of Brazil indicates it has a comparative advantage over Greece. Similarly, a dot/product with the flag of Greece indicates it has a comparative advantage over Brazil.

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

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