Flag Russia / Brazil Flag

2019
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Exports
: $2.98B, Rnk 32 / 197

2019
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Top Product
: $813M, Potassic Fertilizers

2019
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Exports
: $1.73B, Rnk 32 / 220

2019
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Top Product
: $354M, Soybeans

2019
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Economic Complexity (ECI)
: ECI 0.58, Rnk 45 / 146

2019
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Economic Complexity (ECI)
: ECI 0.51, Rnk 49 / 146

2019
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GDP
: $1.7T, CURRENT US$
Rnk 11 / 187

2009-2019
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GDP GROWTH
: 39%, CURRENT US$
Rnk 113 / 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 
: $11,585, CURRENT US$
Rnk 65 / 187

2009-2019
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GDP PC GROWTH
: 35.3%, CURRENT US$
Rnk 81 / 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

Russia-Brazil In 2019, Russia exported $2.98B to Brazil. The main products that Russia exported to Brazil are Potassic Fertilizers ($813M), Nitrogenous Fertilizers ($640M), and Mixed Mineral or Chemical Fertilizers ($434M). During the last 24 years the exports of Russia to Brazil have increased at an annualized rate of 12.8%, from $164M in 1995 to $2.98B in 2019.

In 2018, Russia exported services to Brazil worth $15.2M, with Other business services ($7.3M), Communications services ($2.5M), and Construction services ($2.2M) being the largest in terms of value.

Brazil-Russia In 2019, Brazil exported $1.73B to Russia . The main products that Brazil exported to Russia were Soybeans ($354M), Frozen Bovine Meat ($214M), and Aluminium Oxide ($128M). During the last 24 years the exports of Brazil to Russia have increased at an annualized rate of 4.76%, from $568M in 1995 to $1.73B in 2019.

In 2019, Brazil did not export any services to Russia.

Comparison In 2019,  Russia ranked 45 in the Economic Complexity Index (ECI 0.58), and 13 in total exports ($407B). That same year, Brazil ranked 49 in the Economic Complexity Index (ECI 0.51), and 25 in total exports ($230B).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2019, Russia exported $2.98B to Brazil. The main products exported from Russia to Brazil were Potassic Fertilizers ($813M), Nitrogenous Fertilizers ($640M), and Mixed Mineral or Chemical Fertilizers ($434M). During the last 24 years the exports of Russia to Brazil have increased at an annualized rate of 12.8%, from $164M in 1995 to $2.98B in 2019.

In 2019, Brazil exported $1.73B to Russia. The main products exported from Brazil to Russia were Soybeans ($354M), Frozen Bovine Meat ($214M), and Aluminium Oxide ($128M). During the last 24 years the exports of Brazil to Russia have increased at an annualized rate of 4.76%, from $568M in 1995 to $1.73B in 2019.

Russia Exports

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Brazil Exports

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Market Competitiveness

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Measure

Russia
Top Destination
: China, $58.1B

Brazil
Top Destination
: China, $63.5B

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

In 2019, countries that imported more from Russia than Brazil were Netherlands ($41.7B), Belarus ($20.5B), and Turkey ($16.4B).

In 2019, countries that imported more from Brazil than Russia were United States ($30.5B), Argentina ($9.85B), and China ($63.5B).

Comparative Advantage Russia - Brazil

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Depth

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

During 2019, Russia had a large net trade with Brazil in the exports of Chemical Products ($1.94B), Mineral Products ($353M), and Transportation ($216M).

During 2019, Brazil had a large net trade with Russia in the exports of Vegetable Products ($555M), Animal Products ($451M), and Foodstuffs ($249M).

Tariff Section

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

In 2019, the products from Russia that paid the highest import tariffs to enter Brazil were Ethyl alcohol and other spirits, denatured (69k%) and Undenatured ethyl alcohol > 80% by volume (37.4k%).

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

*The tariffs present between Russia and Brazil are:
136: Most Favoured Nation duty rate treatement
136: Most Favoured Nation duty rate treatement
350: Russian Generalized System of Preference
350: Russian Generalized System of Preference

Bilateral Service Trade

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In 2018, Russia exported services to Brazil worth $15.2M, with Other business services ($7.3M), Communications services ($2.5M), and Construction services ($2.2M) 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 Russia has comparative advantage over Brazil. Similarly, the more red a dot/product is, the more Brazil has comparative advantage over Russia.