Flag Italy / Brazil Flag

2019
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Exports
: $4.37B, Rnk 29 / 224

2019
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Top Product
: $319M, Vehicle Parts

2019
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Exports
: $3.22B, Rnk 13 / 220

2019
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Top Product
: $640M, Sulfate Chemical Woodpulp

2019
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Economic Complexity (ECI)
: ECI 1.4, Rnk 17 / 157

2019
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Economic Complexity (ECI)
: ECI 0.55, Rnk 49 / 157

2019
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GDP
: $2T, CURRENT US$
Rnk 8 / 187

2009-2019
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GDP GROWTH
: -8.56%, CURRENT US$
Rnk 180 / 187

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

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

2019
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GDP PC 
: $33,228, CURRENT US$
Rnk 29 / 187

2009-2019
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GDP PC GROWTH
: -10.4%, CURRENT US$
Rnk 176 / 187

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

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

Italy-Brazil: In 2019, Italy exported $4.37B to Brazil. The main products that Italy exported to Brazil are Vehicle Parts ($319M), Blood, antisera, vaccines, toxins and cultures ($203M), and Refined Petroleum ($165M). During the last 24 years the exports of Italy to Brazil have increased at an annualized rate of 1.29%, from $3.21B in 1995 to $4.37B in 2019.

In 2017, Italy exported services to Brazil worth $1.5B, with Travel ($838M), Other business services ($226M), and Transportation ($208M) being the largest in terms of value.

Brazil-Italy: In 2019, Brazil exported $3.22B to Italy . The main products that Brazil exported to Italy were Sulfate Chemical Woodpulp ($640M), Coffee ($474M), and Gold ($223M). During the last 24 years the exports of Brazil to Italy have increased at an annualized rate of 2.18%, from $1.92B in 1995 to $3.22B in 2019.

In 2019, Brazil did not exported services to Italy.

Comparison: In 2019,  Italy ranked 17 in the Economic Complexity Index (ECI 1.4), and 8 in total exports ($525B). That same year, Brazil ranked 49 in the Economic Complexity Index (ECI 0.55), and 25 in total exports ($230B).

Bilateral Trade by Products

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Depth
Value

In 2019, Italy exported $4.37B to Brazil. The main products exported from Italy to Brazil were Vehicle Parts ($319M), Blood, antisera, vaccines, toxins and cultures ($203M), and Refined Petroleum ($165M). During the last 24 years the exports of Italy to Brazil have increased at an annualized rate of 1.29%, from $3.21B in 1995 to $4.37B in 2019.

In 2019, Brazil exported $3.22B to Italy. The main products exported from Brazil to Italy were Sulfate Chemical Woodpulp ($640M), Coffee ($474M), and Gold ($223M). During the last 24 years the exports of Brazil to Italy have increased at an annualized rate of 2.18%, from $1.92B in 1995 to $3.22B in 2019.

Market Competitiveness

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Measure

Italy
Top Destination
: Germany, $64.5B

Brazil
Top Destination
: China, $63.5B

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

In 2019, countries that imported more from Italy than Brazil were Germany ($64.5B), France ($54.9B), and United Kingdom ($27.9B).

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

Comparative Advantage Italy - Brazil

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Depth

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

During 2019, Italy had a large net trade with Brazil in the exports of Machines ($1.74B), Chemical Products ($748M), and Transportation ($420M).

During 2019, Brazil had a large net trade with Italy in the exports of Paper Goods ($670M), Vegetable Products ($661M), and Mineral Products ($330M).

Tariff Section

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

In 2017, the products from Italy that paid the highest import tariffs to enter Brazil were Sugar beet (178%) and Whey (173%).

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

Explore Tariff Data

*The tariffs present between Italy and Brazil are:
122: EU preferential tariff for sugar producing countries
136: Most Favoured Nation duty rate treatement

Bilateral Service Trade

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In 2017, Italy exported services to Brazil worth $1.5B, with Travel ($838M), Other business services ($226M), and Transportation ($208M) 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 Italy has comparative advantage over Brazil. Similarly, the more red a dot/product is, the more Brazil has comparative advantage over Italy.