Flag Brazil / Japan Flag

2019
FlagFlag
Exports
: $5.58B, Rnk 5 / 220

2019
FlagFlag
Top Product
: $1.14B, Iron Ore

2019
FlagFlag
Exports
: $4.02B, Rnk 26 / 213

2019
FlagFlag
Top Product
: $657M, Vehicle Parts

2019
Flag
Economic Complexity (ECI)
: ECI 0.51, Rnk 49 / 146

2019
Flag
Economic Complexity (ECI)
: ECI 2.2, Rnk 1 / 146

2019
Flag  
GDP
: $1.84T, CURRENT US$
Rnk 9 / 187

2009-2019
Flag
GDP GROWTH
: 10.4%, CURRENT US$
Rnk 162 / 187

2019
Flag
 GDP
: $5.08T, CURRENT US$
Rnk 3 / 187

2009-2019
Flag
GDP GROWTH
: -2.86%, CURRENT US$
Rnk 175 / 187

2019
Flag
GDP PC 
: $8,717, CURRENT US$
Rnk 79 / 187

2009-2019
Flag
GDP PC GROWTH
: 1.39%, CURRENT US$
Rnk 156 / 187

2019
Flag
GDP PC
: $40,247, CURRENT US$
Rnk 27 / 187

2009-2019
Flag
GDP PC GROWTH
: -1.49%, CURRENT US$
Rnk 165 / 187

Brazil-Japan In 2019, Brazil exported $5.58B to Japan. The main products that Brazil exported to Japan are Iron Ore ($1.14B), Corn ($1.11B), and Poultry Meat ($813M). During the last 24 years the exports of Brazil to Japan have increased at an annualized rate of 2.26%, from $3.26B in 1995 to $5.58B in 2019.

In 2019, Brazil did not export any services to Japan.

Japan-Brazil In 2019, Japan exported $4.02B to Brazil . The main products that Japan exported to Brazil were Vehicle Parts ($657M), Cars ($249M), and Special Purpose Ships ($215M). During the last 24 years the exports of Japan to Brazil have increased at an annualized rate of 1.7%, from $2.68B in 1995 to $4.02B in 2019.

In 2009, Japan exported services to Brazil worth $1.92B, with Services not allocated ($960M), Royalties and license fees ($354M), and Other business services ($325M) being the largest in terms of value.

Comparison In 2019,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.51), and 25 in total exports ($230B). That same year, Japan ranked 1 in the Economic Complexity Index (ECI 2.2), and 4 in total exports ($696B).

Historical Data

#permalink to section

Bilateral Trade by Products

#permalink to section
Depth
Value
Compare to

In 2019, Brazil exported $5.58B to Japan. The main products exported from Brazil to Japan were Iron Ore ($1.14B), Corn ($1.11B), and Poultry Meat ($813M). During the last 24 years the exports of Brazil to Japan have increased at an annualized rate of 2.26%, from $3.26B in 1995 to $5.58B in 2019.

In 2019, Japan exported $4.02B to Brazil. The main products exported from Japan to Brazil were Vehicle Parts ($657M), Cars ($249M), and Special Purpose Ships ($215M). During the last 24 years the exports of Japan to Brazil have increased at an annualized rate of 1.7%, from $2.68B in 1995 to $4.02B in 2019.

Brazil Exports

#permalink to section

Market Competitiveness

#permalink to section
Measure

Brazil
Top Destination
: China, $63.5B

Japan
Top Destination
: United States, $134B

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

In 2019, countries that imported more from Brazil than Japan were Argentina ($9.85B), Chile ($5.24B), and Uruguay ($2.49B).

In 2019, countries that imported more from Japan than Brazil were United States ($134B), China ($128B), and South Korea ($44.9B).

Comparative Advantage Brazil - Japan

#permalink to section
Depth

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

During 2019, Brazil had a large net trade with Japan in the exports of Vegetable Products ($1.66B), Mineral Products ($1.19B), and Animal Products ($865M).

During 2019, Japan had a large net trade with Brazil in the exports of Machines ($1.33B), Transportation ($1.27B), and Chemical Products ($480M).

Tariff Section

#permalink to section

This section shows import tariffs for products traded between Brazil and Japan (using the HS6 product classification and the last year reported).

In 2018, the products from Brazil that paid the highest import tariffs to enter Japan were Nuts, edible: coconuts, desiccated (55%) and Peaches, otherwise prepared or preserved (35%).

In 2018, the products from Japan that paid the highest import tariffs to enter Brazil were Glucose including syrup of 20%-50% dry weight fructos (43.3%) and Fructose, syrup > 50% fructose, not pure fructose (43.3%).

*The tariffs present between Brazil and Japan are:
136: Most Favoured Nation duty rate treatement
136: Most Favoured Nation duty rate treatement

Bilateral Service Trade

#permalink to section

In 2009, Japan exported services to Brazil worth $1.92B, with Services not allocated ($960M), Royalties and license fees ($354M), and Other business services ($325M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

#permalink to section

Competitive Landscape

#permalink to section

This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Brazil has comparative advantage over Japan. Similarly, the more red a dot/product is, the more Japan has comparative advantage over Brazil.