2022
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GDP
$1.4TCURRENT US$
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2012-2022
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GDP GROWTH
5.49%CURRENT US$
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2022
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 GDP
$1.92TCURRENT US$
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2012-2022
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GDP GROWTH
-22.1%CURRENT US$
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2022
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GDP PC 
$29,350CURRENT US$
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2012-2022
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GDP PC GROWTH
3.63%CURRENT US$
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2022
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GDP PC
$8,918CURRENT US$
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2012-2022
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GDP PC GROWTH
-27.7%CURRENT US$
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About

Spain-Brazil In 2022, Spain exported $3.8B to Brazil. The main products that Spain exported to Brazil are Refined Petroleum ($475M), Potassic Fertilizers ($163M), and Transmissions ($148M). During the last 27 years the exports of Spain to Brazil have increased at an annualized rate of 5.37%, from $925M in 1995 to $3.8B in 2022.

In 2018, Spain exported services to Brazil worth $0, with being the largest in terms of value.

Brazil-Spain In 2022, Brazil exported $9.78B to Spain. The main products that Brazil exported to Spain were Crude Petroleum ($3.57B), Soybeans ($1.89B), and Corn ($1.36B). During the last 27 years the exports of Brazil to Spain have increased at an annualized rate of 8.89%, from $980M in 1995 to $9.78B in 2022.

In 2022, Brazil did not export any services to Spain.

Comparison In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.8), and 20 in total exports ($394B). That same year, Brazil ranked 49 in the Economic Complexity Index (ECI 0.29), and 25 in total exports ($341B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $3.8B to Brazil. The main products exported from Spain to Brazil were Refined Petroleum ($475M), Potassic Fertilizers ($163M), and Transmissions ($148M). During the last 27 years the exports of Spain to Brazil have increased at an annualized rate of 5.37%, from $925M in 1995 to $3.8B in 2022.

In 2022, Brazil exported $9.78B to Spain. The main products exported from Brazil to Spain were Crude Petroleum ($3.57B), Soybeans ($1.89B), and Corn ($1.36B). During the last 27 years the exports of Brazil to Spain have increased at an annualized rate of 8.89%, from $980M in 1995 to $9.78B in 2022.

Exports from Spain (Flag) to Brazil (Flag) (2022)

Exports from Brazil (Flag) to Spain (Flag) (2022)

Market Competitiveness

Color
Spain
Top Destination
France$65.2B
Brazil
Top Destination
China$90.1B

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

In 2021, countries that imported more from Spain than Brazil were France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

In 2021, countries that imported more from Brazil than Spain were China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

Difference in imports from Brazil (Flag) and Spain (Flag) (2022)

Comparative Advantage Spain - Brazil

Flow
Scale

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

During 2022, Spain had a large net trade with Brazil in the exports of Chemical Products ($1.24B), Machines ($687M), and Mineral Products ($657M).

During 2022, Brazil had a large net trade with Spain in the exports of Mineral Products ($4.3B), Vegetable Products ($3.63B), and Foodstuffs ($671M).

Service Trade

Bilateral Service Trade

In 2018, Spain exported services to Brazil worth $0, with being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Spain (Flag) to Brazil (Flag) (2018)

Economic Complexity

Competitive Landscape

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

Product Space of Spain (Flag) and Brazil (Flag) (2022)

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