India (IND) and Brazil (BRA) Trade

About

India-Brazil: In 2019, India exported $4.21B to Brazil. The main products that India exported to Brazil are Pesticides ($549M), Refined Petroleum ($519M), and Packaged Medicaments ($216M). During the last 24 years the exports of India to Brazil have increased at an annualized rate of 15.3%, from $139M in 1995 to $4.21B in 2019.

In 2019, India did not exported services to Brazil.

Brazil-India: In 2019, Brazil exported $2.89B to India . The main products that Brazil exported to India were Crude Petroleum ($980M), Gold ($367M), and Soybean Oil ($262M). During the last 24 years the exports of Brazil to India have increased at an annualized rate of 9.04%, from $362M in 1995 to $2.89B in 2019.

In 2019, Brazil did not exported services to India.

Comparison: In 2019, India ranked 45 in the Economic Complexity Index (ECI 0.63), and 15 in total exports ($330B). That same year, Brazil ranked 49 in the Economic Complexity Index (ECI 0.55), and 25 in total exports ($230B).

Product Trade

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Bilateral Trade by Products

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Depth

Value

Year

In 2019, India exported $4.21B to Brazil. The main products exported from India to Brazil were Pesticides ($549M), Refined Petroleum ($519M), and Packaged Medicaments ($216M). During the last 24 years the exports of India to Brazil have increased at an annualized rate of 15.3%, from $139M in 1995 to $4.21B in 2019.

In 2019, Brazil exported $2.89B to India. The main products exported from Brazil to India were Crude Petroleum ($980M), Gold ($367M), and Soybean Oil ($262M). During the last 24 years the exports of Brazil to India have increased at an annualized rate of 9.04%, from $362M in 1995 to $2.89B in 2019.

Latest Data

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Date

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Date

Market Competitiveness

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Measure

SectionYear

India
Top Destination: United States, $55.3B

Brazil
Top Destination: China, $63.5B

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

In 2019, countries that imported more from India than Brazil were United Arab Emirates ($28.6B), United States ($55.3B), and Hong Kong ($11.5B).

In 2019, countries that imported more from Brazil than India were China ($63.5B), Argentina ($9.85B), and Chile ($5.24B).

Comparative Advantage India - Brazil

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Depth

Year

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

During 2019, India had a large net trade with Brazil in the exports of Chemical Products ($1.87B), Mineral Products ($554M), and Machines ($409M).

During 2019, Brazil had a large net trade with India in the exports of Mineral Products ($1.07B), Precious Metals ($374M), and Animal and Vegetable Bi-Products ($266M).

Tariff Section

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Tariffs

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

In 2018, the products from India that paid the highest import tariffs to enter Brazil were Food preparations nes (150%) and Grape wines, sparkling (150%).

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

Explore Tariff Data

*The tariffs present between India and Brazil are:
127: India-MERCOSUR Preferential Trade Agreement
136: Most Favoured Nation duty rate treatement
336: Preferential tariff under (GSTP) Global System of Trade Preferences among Developing Countries

Economic Complexity

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Competitive Landscape

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Year

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

About

Product Trade

Bilateral Trade by Products

Latest Data

Market Competitiveness

Comparative Advantage India - Brazil

Tariff Section

Tariffs

Economic Complexity

Competitive Landscape

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