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2023
Flag → Flag
Exports $1.49BRnk 40 / 221
2023
Flag → Flag
Top Product $252MPig Meat
2023
Flag → Flag
Exports $1.01BRnk 23 / 198
2023
Flag → Flag
Top Product $184MTelephones
2023
Flag
Economic Complexity (ECI) ECI 0.31Rnk 49 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.12Rnk 23 / 132
2023
Flag  
GDP$2.17TCURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP GROWTH-12.1%CURRENT US$
Rnk 184 / 195
2023
Flag
 GDP$381BCURRENT US$
Rnk 39 / 195
2013-2023
Flag
GDP GROWTH38.1%CURRENT US$
Rnk 97 / 195
2023
Flag
GDP PC $10,295CURRENT US$
Rnk 89 / 195
2013-2023
Flag
GDP PC GROWTH-17.4%CURRENT US$
Rnk 175 / 195
2023
Flag
GDP PC$50,532CURRENT US$
Rnk 25 / 196
2013-2023
Flag
GDP PC GROWTH31.6%CURRENT US$
Rnk 75 / 195

About

Brazil-Hong Kong Trade: In 2023, Brazil exported $1.49B to Hong Kong. The main products that Brazil exported to Hong Kong were Pig Meat ($252M), Edible Offal ($204M), and Pharmaceutical Animal Products ($186M). Over the past 5 years the exports of Brazil to Hong Kong have decreased at an annualized rate of 11.4%, from $2.72B in 2018 to $1.49B in 2023.

In 2023, Brazil did not export any services to Hong Kong.

Hong Kong-Brazil Trade: In 2023, Hong Kong exported $1.01B to Brazil. The main products that Hong Kong exported to Brazil were Telephones ($184M), Broadcasting Equipment ($61.2M), and Integrated Circuits ($53.8M). Over the past 5 years the exports of Hong Kong to Brazil have increased at an annualized rate of 4.71%,  from $801M in 2018 to $1.01B in 2023.

In 2023, Hong Kong did not export any services to Brazil.

Comparison: In 2023,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.31), and 22 in total exports ($355B). That same year, Hong Kong ranked 23 in the Economic Complexity Index (ECI 1.12), and 38 in total exports ($117B).

Latest Trends

December, 2024

About

Overview In December 2024, Brazil exported $105M and imported $74.6M from Hong Kong, resulting in a positive trade balance of $30M. Between December 2023 and December 2024 the exports of Brazil have decreased by $-48.2M (-31.5%) from $153M to $105M, while imports increased by $6.03M (8.79%) from $68.6M to $74.6M.

Trade In December 2024, the top exports of Brazil to Hong Kong were Frozen Bovine Meat ($17.8M), Pig Meat ($17.4M), Edible Offal ($16.8M), Animal Organs ($14M), and Refined Petroleum ($12.8M). In December 2024 the top imports of Brazil from Hong Kong were Cars ($38M), Sound Recordings ($9.53M), Integrated Circuits ($7.13M), Air Conditioners ($5.12M), and Rubberworking Machinery ($3.69M).

Origins In December 2024 the exports of Brazil were mainly from São Paulo ($22.5M), Rio Grande do Sul ($14M), Santa Catarina ($10.9M), Paraná ($9.36M), and Mato Grosso ($9.05M), while imports destinations were mainly Amazonas ($20.9M), São Paulo ($17.2M), Santa Catarina ($15.6M), Minas Gerais ($6.14M), and Paraná ($4.74M).

Growth In December 2024, the decrease in Brazil's year-by-year exports to Hong Kong was explained primarily by an decrease in product exports in Ferroalloys ($-5.37M or -83.3%), Poultry Meat ($-2.36M or -24.5%), and Electrical Capacitors ($-1.13M or -66.5%). In December 2024, the increase in Brazil's year-by-year imports  from Hong Kong was explained primarily by an increase in product imports  in Sound Recordings ($4.76M or 99.6%), Air Conditioners ($4.51M or 739%), and Rubberworking Machinery ($3.62M or 5.07k%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)$-48.2M(-31.5%)
IMPORT GROWTH (December 2023 - December 2024)$6.03M(8.79%)
MAIN EXPORTER (December 2024)São Paulo$22.5M

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 Hong Kong and Brazil trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Hong Kong and Brazil Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Brazil exported $1.49B to Hong Kong. The main products exported from Brazil to Hong Kong were Pig Meat ($252M), Edible Offal ($204M), and Pharmaceutical Animal Products ($186M). During the last 5 years the exports of Brazil to Hong Kong have decreased at an annualized rate of 11.4%, from $2.72B in 2018 to $1.49B in 2023.

In 2018, Hong Kong exported $1.01B to Brazil. The main products exported from Hong Kong to Brazil were Telephones ($184M), Broadcasting Equipment ($61.2M), and Integrated Circuits ($53.8M). During the last 5 years the exports of Hong Kong to Brazil have increased at an annualized rate of 4.71%, from $801M in 2023 to $1.01B in 2018.

Exports from Brazil (Flag) to Hong Kong (Flag) (2023)

Exports from Hong Kong (Flag) to Brazil (Flag) (2023)

Market Competitiveness

Color
Brazil
Top DestinationChina$106B
Hong Kong
Top DestinationChina$25.3B

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

In 2023, countries that imported more from Brazil than Hong Kong included China ($106B), United States ($37B), and Argentina ($17.2B).

In 2023, countries that imported more from Hong Kong than Brazil included Vietnam ($14.4B), South Korea ($9.5B), and Switzerland ($4.86B).

Difference in imports from Hong Kong (Flag) and Brazil (Flag) (2023)

Comparative Advantage Brazil - Hong Kong

Flow
Scale

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

During 2023, Brazil had a large net trade with Hong Kong in the exports of Animal Products ($1.08B), Mineral Products ($158M), and Machines ($82.5M).

During 2018, Hong Kong had a large net trade with Brazil in the exports of Machines ($610M), Metals ($69.5M), and Instruments ($66.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Brazil Hong Kong+$78.7MRefined Petroleum
Top Product Potential Hong Kong Brazil+$54.7MTelephones

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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Economic Complexity

Competitive Landscape

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

Product Space of Brazil (Flag) and Hong Kong (Flag) (2023)

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