Flag Canada / Brazil Flag

2020
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Exports
: $1.71B, Rnk 14 / 217

2020
FlagFlag
Top Product
: $732M, Potassic Fertilizers

2020
FlagFlag
Exports
: $4.39B, Rnk 5 / 223

2020
FlagFlag
Top Product
: $1.89B, Gold

2020
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Economic Complexity (ECI)
: ECI 0.93, Rnk 29 / 127

2020
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Economic Complexity (ECI)
: ECI 0.44, Rnk 47 / 127

2020
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GDP
: $1.65T, CURRENT US$
Rnk 9 / 195

2010-2020
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GDP GROWTH
: 1.74%, CURRENT US$
Rnk 155 / 195

2020
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 GDP
: $1.44T, CURRENT US$
Rnk 12 / 195

2010-2020
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GDP GROWTH
: -34.6%, CURRENT US$
Rnk 190 / 195

2020
Flag
GDP PC 
: $43,295, CURRENT US$
Rnk 22 / 195

2010-2020
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GDP PC GROWTH
: -8.97%, CURRENT US$
Rnk 157 / 195

2020
Flag
GDP PC
: $6,797, CURRENT US$
Rnk 91 / 195

2010-2020
Flag
GDP PC GROWTH
: -39.8%, CURRENT US$
Rnk 187 / 195

Canada-Brazil In 2020, Canada exported $1.71B to Brazil. The main products that Canada exported to Brazil are Potassic Fertilizers ($732M), Planes, Helicopters, and/or Spacecraft ($146M), and Gas Turbines ($119M). During the last 25 years the exports of Canada to Brazil have increased at an annualized rate of 1.25%, from $1.25B in 1995 to $1.71B in 2020.

In 2017, Canada exported services to Brazil worth $411M, with Travel ($270M), Transportation ($134M), and Government services, n.i.e. ($7M) being the largest in terms of value.

Brazil-Canada In 2020, Brazil exported $4.39B to Canada . The main products that Brazil exported to Canada were Gold ($1.89B), Aluminium Oxide ($980M), and Raw Sugar ($280M). During the last 25 years the exports of Brazil to Canada have increased at an annualized rate of 8.11%, from $626M in 1995 to $4.39B in 2020.

In 2020, Brazil did not export any services to Canada.

Comparison In 2020,  Canada ranked 29 in the Economic Complexity Index (ECI 0.93), and 12 in total exports ($371B). That same year, Brazil ranked 47 in the Economic Complexity Index (ECI 0.44), and 25 in total exports ($214B).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2020, Canada exported $1.71B to Brazil. The main products exported from Canada to Brazil were Potassic Fertilizers ($732M), Planes, Helicopters, and/or Spacecraft ($146M), and Gas Turbines ($119M). During the last 25 years the exports of Canada to Brazil have increased at an annualized rate of 1.25%, from $1.25B in 1995 to $1.71B in 2020.

In 2020, Brazil exported $4.39B to Canada. The main products exported from Brazil to Canada were Gold ($1.89B), Aluminium Oxide ($980M), and Raw Sugar ($280M). During the last 25 years the exports of Brazil to Canada have increased at an annualized rate of 8.11%, from $626M in 1995 to $4.39B in 2020.

Market Competitiveness

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Measure

Canada
Top Destination
: United States, $264B

Brazil
Top Destination
: China, $67.9B

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

In 2019, countries that imported more from Canada than Brazil were United States ($264B), United Kingdom ($13.2B), and Japan ($9.44B).

In 2019, countries that imported more from Brazil than Canada were China ($67.9B), Argentina ($8.57B), and Chile ($3.95B).

Comparative Advantage Canada - Brazil

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Flow

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

During 2020, Canada had a large net trade with Brazil in the exports of Chemical Products ($840M), Machines ($292M), and Transportation ($186M).

During 2020, Brazil had a large net trade with Canada in the exports of Precious Metals ($1.91B), Chemical Products ($1.07B), and Foodstuffs ($354M).

Tariff Section

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

In 2019, the products from Canada that paid the highest import tariffs to enter Brazil were Fermented beverages nes (eg cider, perry, mead, etc) (38.4k%)and Ethyl alcohol and other spirits, denatured (16.2k%).

In 2019, the products from Brazil that paid the highest import tariffs to enter Canada were Nuts, edible: coconuts, desiccated (55%)and Peaches, otherwise prepared or preserved (35%).

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

Bilateral Service Trade

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In 2017, Canada exported services to Brazil worth $411M, with Travel ($270M), Transportation ($134M), and Government services, n.i.e. ($7M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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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 Canada has comparative advantage over Brazil. Similarly, the more red a dot/product is, the more Brazil has comparative advantage over Canada.