Flag Russia / Brazil Flag

2020
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Exports
: $2.21B, Rnk 30 / 187

2020
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Top Product
: $526M, Nitrogenous Fertilizers

2020
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Exports
: $1.57B, Rnk 32 / 223

2020
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Top Product
: $387M, Soybeans

2020
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Economic Complexity (ECI)
: ECI 0.5, Rnk 43 / 127

2020
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Economic Complexity (ECI)
: ECI 0.44, Rnk 47 / 127

2020
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GDP
: $1.48T, CURRENT US$
Rnk 11 / 195

2010-2020
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GDP GROWTH
: -2.72%, CURRENT US$
Rnk 164 / 195

2020
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 GDP
: $1.44T, CURRENT US$
Rnk 12 / 195

2010-2020
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GDP GROWTH
: -34.6%, CURRENT US$
Rnk 190 / 195

2020
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GDP PC 
: $10,127, CURRENT US$
Rnk 70 / 195

2010-2020
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GDP PC GROWTH
: -5.14%, CURRENT US$
Rnk 154 / 195

2020
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GDP PC
: $6,797, CURRENT US$
Rnk 91 / 195

2010-2020
Flag
GDP PC GROWTH
: -39.8%, CURRENT US$
Rnk 187 / 195

Russia-Brazil In 2020, Russia exported $2.21B to Brazil. The main products that Russia exported to Brazil are Nitrogenous Fertilizers ($526M), Potassic Fertilizers ($526M), and Mixed Mineral or Chemical Fertilizers ($382M). During the last 25 years the exports of Russia to Brazil have increased at an annualized rate of 11%, from $162M in 1995 to $2.21B in 2020.

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 2020, Brazil exported $1.57B to Russia . The main products that Brazil exported to Russia were Soybeans ($387M), Frozen Bovine Meat ($185M), and Ground Nuts ($117M). During the last 25 years the exports of Brazil to Russia have increased at an annualized rate of 4.15%, from $568M in 1995 to $1.57B in 2020.

In 2020, Brazil did not export any services to Russia.

Comparison In 2020,  Russia ranked 43 in the Economic Complexity Index (ECI 0.5), and 13 in total exports ($330B). That same year, Brazil ranked 47 in the Economic Complexity Index (ECI 0.44), and 25 in total exports ($214B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, Russia exported $2.21B to Brazil. The main products exported from Russia to Brazil were Nitrogenous Fertilizers ($526M), Potassic Fertilizers ($526M), and Mixed Mineral or Chemical Fertilizers ($382M). During the last 25 years the exports of Russia to Brazil have increased at an annualized rate of 11%, from $162M in 1995 to $2.21B in 2020.

In 2020, Brazil exported $1.57B to Russia. The main products exported from Brazil to Russia were Soybeans ($387M), Frozen Bovine Meat ($185M), and Ground Nuts ($117M). During the last 25 years the exports of Brazil to Russia have increased at an annualized rate of 4.15%, from $568M in 1995 to $1.57B in 2020.

Market Competitiveness

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Measure

Russia
Top Destination
: China, $49.3B

Brazil
Top Destination
: China, $67.9B

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 United Kingdom ($25.3B), Netherlands ($22.5B), and Belarus ($15.8B).

In 2019, countries that imported more from Brazil than Russia were China ($67.9B), United States ($21.9B), and Argentina ($8.57B).

Comparative Advantage Russia - Brazil

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Flow

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

During 2020, Russia had a large net trade with Brazil in the exports of Chemical Products ($1.48B), Mineral Products ($339M), and Metals ($119M).

During 2020, Brazil had a large net trade with Russia in the exports of Vegetable Products ($644M), Animal Products ($318M), and Foodstuffs ($179M).

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 yellow.  This mean that the more blue a dot/product is, the more Russia has comparative advantage over Brazil. Similarly, the more yellow a dot/product is, the more Brazil has comparative advantage over Russia.