2023
Flag  
GDP
$2.17TCURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP GROWTH
-12.1%CURRENT US$
Rnk 184 / 195
2023
Flag
 GDP
$405BCURRENT US$
Rnk 36 / 195
2013-2023
Flag
GDP GROWTH
-19.1%CURRENT US$
Rnk 189 / 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
$4,466CURRENT US$
Rnk 125 / 196
2013-2023
Flag
GDP PC GROWTH
-28.2%CURRENT US$
Rnk 186 / 195

About

Brazil-Iran Trade: In 2023, Brazil exported $2.3B to Iran. The main products that Brazil exported to Iran were Soybeans ($904M), Corn ($829M), and Soybean Meal ($370M). Over the past 5 years the exports of Brazil to Iran have increased at an annualized rate of 0.75%, from $2.21B in 2018 to $2.3B in 2023.

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

Iran-Brazil Trade: In 2023, Iran exported $3.97M to Brazil. The main products that Iran exported to Brazil were Grapes ($1.87M), Vegetable Alkaloids ($677k), and Other Nuts ($364k). Over the past 5 years the exports of Iran to Brazil have decreased at an annualized rate of 41.2%,  from $56.4M in 2018 to $3.97M in 2023.

In 2023, Iran 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, Iran ranked 58 in the Economic Complexity Index (ECI 0.084), and 92 in total exports ($13.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Brazil exported $2.3B to Iran. The main products exported from Brazil to Iran were Soybeans ($904M), Corn ($829M), and Soybean Meal ($370M). During the last 5 years the exports of Brazil to Iran have increased at an annualized rate of 0.75%, from $2.21B in 2018 to $2.3B in 2023.

In 2018, Iran exported $3.97M to Brazil. The main products exported from Iran to Brazil were Grapes ($1.87M), Vegetable Alkaloids ($677k), and Other Nuts ($364k). During the last 5 years the exports of Iran to Brazil have decreased at an annualized rate of 41.2%, from $56.4M in 2023 to $3.97M in 2018.

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

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

Market Competitiveness

Color
Brazil
Top Destination
China$106B
Iran
Top Destination
China$4.59B

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

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

In 2023, countries that imported more from Iran than Brazil included Armenia ($597M), Pakistan ($943M), and Azerbaijan ($473M).

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

Comparative Advantage Brazil - Iran

Flow
Scale

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

During 2023, Brazil had a large net trade with Iran in the exports of Vegetable Products ($1.73B), Foodstuffs ($530M), and Animal Products ($34.3M).

During 2018, Iran had a large net trade with Brazil in the exports of Vegetable Products ($2.37M), Chemical Products ($835k), and Stone And Glass ($282k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Brazil Iran+$16MPoultry Meat
Top Product Potential Iran Brazil+$1.86MStyrene Polymers

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 Iran. This means that a dot/product with the flag of Brazil indicates it has a comparative advantage over Iran. Similarly, a dot/product with the flag of Iran indicates it has a comparative advantage over Brazil.

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

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