Russia (RUS) and Brazil (BRA) Trade | OEC - The Observatory of Economic Complexity

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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).

Latest Trends

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January, 2022

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Overview In January 2022 Russia exported $511M and imported $212M from Brazil, resulting in a positive trade balance of $299M. Between January 2021 and January 2022 the exports of Russia have increased by $314M (160%) from $197M to $511M, while imports increased by $71.1M (50.6%) from $141M to $212M.

Trade In January 2022, the top exports of Russia to Brazil were Potassic Fertilizers ($160M), Mixed Mineral or Chemical Fertilizers ($124M), Nitrogenous Fertilizers ($113M), Refined Petroleum ($33.9M), and Semi-Finished Iron ($23M). In January 2022 the top imports of Russia from Brazil were Soybeans ($36.6M), Coffee ($18.2M), Ferroalloys ($17M), Poultry Meat ($17M), and Frozen Bovine Meat ($16.7M).

Origins In January 2022 the exports of Russia were mainly from PERM TERRITORY ($194M), NOVGOROD REGION ($69.3M), LENINGRAD REGION ($53.5M), SARATOV REGION ($42.4M), and MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($36.3M), while imports destinations were mainly KALININGRAD REGION ($59.3M), MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($44.7M), ST. PETERSBURG ($37M), LENINGRAD REGION ($15.9M), and MOSCOW REGION ($14.1M).

Growth In January 2022, the increase in Russia's year-by-year exports to Brazil was explained primarily by an increase in product exports in Potassic Fertilizers ($29.8M or 316%), Refined Petroleum ($26.6M or 889%), and Nitrogenous Fertilizers ($20.3M or 62%). In January 2022, the increase in Russia's year-by-year imports from Brazil was explained primarily by an increase in product imports in Soybeans ($20.6M or 176%), Liquid Dispersing Machines ($12.5M or 233%), and Ground Nuts ($5.59M or 128%).

Latest Trade

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Flow

Time Scale

Depth

Value

EXPORT GROWTH (January 2021 - January 2022): $314M, (160%)

IMPORT GROWTH (January 2021 - January 2022): $71.1M, (50.6%)

MAIN EXPORTER (January 2022): PERM TERRITORY, $194M

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

To check Brazil and Russia trade dynamics, check the bilateral page.

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Historical Data

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Bilateral Trade by Products

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Depth

Value

Year

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

SectionYear

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

Year

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).

Service Trade

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Bilateral Service Trade

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Rus Year

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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Year

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.

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Latest Trends

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Latest Trade

Historical Data

Bilateral Trade by Products

Market Competitiveness

Comparative Advantage Russia - Brazil

Service Trade

Bilateral Service Trade

Economic Complexity

Competitive Landscape

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