NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $4.35BRnk 15 / 221
2023
Flag → Flag
Top Product $1.85BSoybean Meal
2023
Flag → Flag
Exports $1.58BRnk 27 / 213
2023
Flag → Flag
Top Product $239MCoconut Oil
2023
Flag
Economic Complexity (ECI) ECI 0.31Rnk 49 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.085Rnk 65 / 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$1.37TCURRENT US$
Rnk 16 / 195
2013-2023
Flag
GDP GROWTH50.3%CURRENT US$
Rnk 75 / 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$4,876CURRENT US$
Rnk 123 / 196
2013-2023
Flag
GDP PC GROWTH36.7%CURRENT US$
Rnk 66 / 195

About

Brazil-Indonesia Trade: In 2023, Brazil exported $4.35B to Indonesia. The main products that Brazil exported to Indonesia were Soybean Meal ($1.85B), Raw Sugar ($845M), and Wheat ($244M). Over the past 5 years the exports of Brazil to Indonesia have increased at an annualized rate of 21.2%, from $1.66B in 2018 to $4.35B in 2023.

In 2023, Brazil did not export any services to Indonesia.

Indonesia-Brazil Trade: In 2023, Indonesia exported $1.58B to Brazil. The main products that Indonesia exported to Brazil were Coconut Oil ($239M), Palm Oil ($138M), and Broadcasting Equipment ($89.9M). Over the past 5 years the exports of Indonesia to Brazil have increased at an annualized rate of 1.91%,  from $1.43B in 2018 to $1.58B in 2023.

In 2023, Indonesia 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, Indonesia ranked 65 in the Economic Complexity Index (ECI -0.085), and 27 in total exports ($299B).

Latest Trends

December, 2024

About

Overview In December 2024, Brazil exported $316M and imported $158M from Indonesia, resulting in a positive trade balance of $158M. Between December 2023 and December 2024 the exports of Brazil have decreased by $-8.25M (-2.55%) from $324M to $316M, while imports increased by $43.7M (38.4%) from $114M to $158M.

Trade In December 2024, the top exports of Brazil to Indonesia were Soybean Meal ($209M), Raw Sugar ($85.2M), Raw Cotton ($20.1M), Corn ($8.78M), and Bran ($6.88M). In December 2024 the top imports of Brazil from Indonesia were Coconut Oil ($27.5M), Palm Oil ($20.1M), Semi-Finished Iron ($10.2M), Bi-Wheel Vehicle Parts ($10.2M), and Motor vehicles; parts and accessories (8701... ($5.67M).

Origins In December 2024 the exports of Brazil were mainly from Mato Grosso ($82.5M), Goiás ($46.4M), São Paulo ($37.1M), Alagoas ($29.1M), and Minas Gerais ($26.2M), while imports destinations were mainly São Paulo ($27.4M), Santa Catarina ($24.8M), Rio de Janeiro ($21.3M), Amazonas ($20.5M), and Minas Gerais ($19.1M).

Growth In December 2024, the decrease in Brazil's year-by-year exports to Indonesia was explained primarily by an decrease in product exports in Stone Processing Machines ($-8.06M or -99.7%), Frozen Bovine Meat ($-5.4M or -76.6%), and Large Construction Vehicles ($-1.04M or -90.9%). In December 2024, the increase in Brazil's year-by-year imports  from Indonesia was explained primarily by an increase in product imports  in Palm Oil ($8.33M or 70.5%), Bi-Wheel Vehicle Parts ($5.61M or 123%), and Motor vehicles; parts and accessories (8701... ($3.73M or 192%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)$-8.25M(-2.55%)
IMPORT GROWTH (December 2023 - December 2024)$43.7M(38.4%)
MAIN EXPORTER (December 2024)Mato Grosso$82.5M

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 Indonesia and Brazil trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Indonesia and Brazil Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Brazil exported $4.35B to Indonesia. The main products exported from Brazil to Indonesia were Soybean Meal ($1.85B), Raw Sugar ($845M), and Wheat ($244M). During the last 5 years the exports of Brazil to Indonesia have increased at an annualized rate of 21.2%, from $1.66B in 2018 to $4.35B in 2023.

In 2018, Indonesia exported $1.58B to Brazil. The main products exported from Indonesia to Brazil were Coconut Oil ($239M), Palm Oil ($138M), and Broadcasting Equipment ($89.9M). During the last 5 years the exports of Indonesia to Brazil have increased at an annualized rate of 1.91%, from $1.43B in 2023 to $1.58B in 2018.

Exports from Brazil (Flag) to Indonesia (Flag) (2023)

Exports from Indonesia (Flag) to Brazil (Flag) (2023)

Market Competitiveness

Color
Brazil
Top DestinationChina$106B
Indonesia
Top DestinationChina$70.7B

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

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

In 2023, countries that imported more from Indonesia than Brazil included India ($24B), Japan ($23.7B), and Malaysia ($14.2B).

Difference in imports from Indonesia (Flag) and Brazil (Flag) (2023)

Comparative Advantage Brazil - Indonesia

Flow
Scale

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

During 2023, Brazil had a large net trade with Indonesia in the exports of Foodstuffs ($2.9B), Vegetable Products ($442M), and Mineral Products ($377M).

During 2018, Indonesia had a large net trade with Brazil in the exports of Animal and Vegetable Bi-Products ($441M), Machines ($391M), and Plastics and Rubbers ($147M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Brazil Indonesia+$82MRaw Sugar
Top Product Potential Indonesia Brazil+$67MPalm Oil

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

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

Product Space of Brazil (Flag) and Indonesia (Flag) (2023)

Keep Exploring

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 OECPrivacy PolicyTerms