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2023
Flag → Flag
Exports $3.37BRnk 25 / 223
2023
Flag → Flag
Top Product $435MGas Turbines
2023
Flag → Flag
Exports $4.26BRnk 16 / 221
2023
Flag → Flag
Top Product $455MGold
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 11 / 132
2023
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Economic Complexity (ECI) ECI 0.31Rnk 49 / 132
2023
Flag  
GDP$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
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GDP GROWTH21.4%CURRENT US$
Rnk 136 / 195
2023
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 GDP$2.17TCURRENT US$
Rnk 9 / 195
2013-2023
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GDP GROWTH-12.1%CURRENT US$
Rnk 184 / 195
2023
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GDP PC $49,464CURRENT US$
Rnk 26 / 195
2013-2023
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GDP PC GROWTH13.9%CURRENT US$
Rnk 124 / 195
2023
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GDP PC$10,295CURRENT US$
Rnk 89 / 196
2013-2023
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GDP PC GROWTH-17.4%CURRENT US$
Rnk 175 / 195

About

United Kingdom-Brazil Trade: In 2023, United Kingdom exported $3.37B to Brazil. The main products that United Kingdom exported to Brazil were Gas Turbines ($435M), Hard Liquor ($186M), and Packaged Medicaments ($182M). Over the past 5 years the exports of United Kingdom to Brazil have increased at an annualized rate of 3.79%, from $2.8B in 2018 to $3.37B in 2023.

In 2019, United Kingdom exported services to Brazil worth $1.78B, with Other business services ($624M), Travel ($417M), and Insurance services ($176M) being the largest in terms of value.

Brazil-United Kingdom Trade: In 2023, Brazil exported $4.26B to United Kingdom. The main products that Brazil exported to United Kingdom were Gold ($455M), Soybeans ($310M), and Coffee ($247M). Over the past 5 years the exports of Brazil to United Kingdom have increased at an annualized rate of 6.5%,  from $3.11B in 2018 to $4.26B in 2023.

In 2023, Brazil did not export any services to United Kingdom.

Comparison: In 2023,  United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5), and 14 in total exports ($429B). That same year, Brazil ranked 49 in the Economic Complexity Index (ECI 0.31), and 22 in total exports ($355B).

Latest Trends

November, 2024

About

Overview In November 2024, United Kingdom exported £223M and imported £219M from Brazil, resulting in a positive trade balance of £3.98M. Between November 2023 and November 2024 the exports of United Kingdom have decreased by £-37.4M (-14.4%) from £260M to £223M, while imports increased by £15.3M (7.53%) from £203M to £219M.

Trade In November 2024, the top exports of United Kingdom to Brazil were Gas Turbines (£13.4M), Hard Liquor (£12.9M), Packaged Medicaments (£12.5M), Other Floating Structures (£10.9M), and Valves (£9.07M). In November 2024 the top imports of United Kingdom from Brazil were Delivery Trucks (£50.6M), Gold (£44.3M), Soybean Meal (£29.5M), Other Prepared Meat (£19.7M), and Raw Sugar (£17M).

Origins In November 2024 the exports of United Kingdom were mainly from London Heathrow Airport (£72.8M), London Gateway (£58.5M), Harwich (£19.5M), London (£8.02M), and Grangemouth (£6.83M), while imports destinations were mainly London Gateway (£95.9M), London Heathrow Airport (£49.7M), London (£29.4M), and Liverpool (£8.53M).

Growth In November 2024, the decrease in United Kingdom's year-by-year exports to Brazil was explained primarily by an decrease in product exports in Aircraft parts for spacecraft, UAVs, and... (£-4.68M or -80.1%), Nitrile Compounds (£-4.42M or -81.6%), and Machinery Having Individual Functions (£-2.93M or -39.2%). In November 2024, the increase in United Kingdom's year-by-year imports  from Brazil was explained primarily by an increase in product imports  in Delivery Trucks (£50.1M or 12.1k%), Raw Sugar (£14M or 475%), and Alcohol > 80% ABV (£10.5M or 21.8k%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)£-37.4M(-14.4%)
IMPORT GROWTH (November 2023 - November 2024)£15.3M(7.53%)
MAIN EXPORTER (November 2024)London Heathrow Airport£72.8M

This section shows exports and imports data at subnational level for United Kingdom. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United Kingdom over time.

To check Brazil and United Kingdom trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Brazil and United Kingdom Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Kingdom exported $3.37B to Brazil. The main products exported from United Kingdom to Brazil were Gas Turbines ($435M), Hard Liquor ($186M), and Packaged Medicaments ($182M). During the last 5 years the exports of United Kingdom to Brazil have increased at an annualized rate of 3.79%, from $2.8B in 2018 to $3.37B in 2023.

In 2018, Brazil exported $4.26B to United Kingdom. The main products exported from Brazil to United Kingdom were Gold ($455M), Soybeans ($310M), and Coffee ($247M). During the last 5 years the exports of Brazil to United Kingdom have increased at an annualized rate of 6.5%, from $3.11B in 2023 to $4.26B in 2018.

Exports from United Kingdom (Flag) to Brazil (Flag) (2023)

Exports from Brazil (Flag) to United Kingdom (Flag) (2023)

Market Competitiveness

Color
United Kingdom
Top DestinationUnited States$59.7B
Brazil
Top DestinationChina$106B

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

In 2023, countries that imported more from United Kingdom than Brazil included Ireland ($29.1B), Germany ($34.6B), and France ($25.8B).

In 2023, countries that imported more from Brazil than United Kingdom included China ($106B), Argentina ($17.2B), and Chile ($8.68B).

Difference in imports from Brazil (Flag) and United Kingdom (Flag) (2023)

Comparative Advantage United Kingdom - Brazil

Flow
Scale

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

During 2023, United Kingdom had a large net trade with Brazil in the exports of Machines ($1.19B), Chemical Products ($691M), and Transportation ($464M).

During 2018, Brazil had a large net trade with United Kingdom in the exports of Foodstuffs ($942M), Vegetable Products ($830M), and Precious Metals ($465M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Kingdom Brazil+$137MRefined Petroleum
Top Product Potential Brazil United Kingdom+$151MGold

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

Product Space of United Kingdom (Flag) and Brazil (Flag) (2023)

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