2021
Flag  
GDP
$1.84TCURRENT US$
Rnk 10 / 204
2011-2021
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GDP GROWTH
-10.2%CURRENT US$
Rnk 187 / 204
2021
Flag
 GDP
$1.65TCURRENT US$
Rnk 12 / 204
2011-2021
Flag
GDP GROWTH
-36.9%CURRENT US$
Rnk 199 / 204
2021
Flag
GDP PC 
$12,593CURRENT US$
Rnk 76 / 204
2011-2021
Flag
GDP PC GROWTH
-12%CURRENT US$
Rnk 170 / 204
2021
Flag
GDP PC
$7,697CURRENT US$
Rnk 97 / 204
2011-2021
Flag
GDP PC GROWTH
-41.7%CURRENT US$
Rnk 199 / 204

About

Russia-Brazil In 2021, Russia exported $5.58B to Brazil. The main products that Russia exported to Brazil are Mixed Mineral or Chemical Fertilizers ($1.35B), Potassic Fertilizers ($1.14B), and Nitrogenous Fertilizers ($1.08B). During the last 26 years the exports of Russia to Brazil have increased at an annualized rate of 14.6%, from $162M in 1995 to $5.58B in 2021.

In 2020, Russia exported services to Brazil worth $10.9M, with Other business services ($4.81M), Transportation ($2.41M), and Construction services ($1.98M) being the largest in terms of value.

Brazil-Russia In 2021, Brazil exported $1.68B to Russia. The main products that Brazil exported to Russia were Soybeans ($346M), Poultry Meat ($167M), and Coffee ($134M). During the last 26 years the exports of Brazil to Russia have increased at an annualized rate of 4.25%, from $568M in 1995 to $1.68B in 2021.

In 2021, Brazil did not export any services to Russia.

Comparison In 2021,  Russia ranked 45 in the Economic Complexity Index (ECI 0.46), and 10 in total exports ($484B). That same year, Brazil ranked 49 in the Economic Complexity Index (ECI 0.33), and 24 in total exports ($288B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Russia exported $5.58B to Brazil. The main products exported from Russia to Brazil were Mixed Mineral or Chemical Fertilizers ($1.35B), Potassic Fertilizers ($1.14B), and Nitrogenous Fertilizers ($1.08B). During the last 26 years the exports of Russia to Brazil have increased at an annualized rate of 14.6%, from $162M in 1995 to $5.58B in 2021.

In 2021, Brazil exported $1.68B to Russia. The main products exported from Brazil to Russia were Soybeans ($346M), Poultry Meat ($167M), and Coffee ($134M). During the last 26 years the exports of Brazil to Russia have increased at an annualized rate of 4.25%, from $568M in 1995 to $1.68B in 2021.

Exports from Russia (Flag) to Brazil (Flag) (2021)

Exports from Brazil (Flag) to Russia (Flag) (2021)

Market Competitiveness

Color
Russia
Top Destination
China$70.9B
Brazil
Top Destination
China$88.3B

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 2021, countries that imported more from Russia than Brazil were Netherlands ($39B), United Kingdom ($24.7B), and Belarus ($20.5B).

In 2021, countries that imported more from Brazil than Russia were China ($88.3B), Argentina ($12B), and Chile ($7.14B).

Difference in imports from Brazil (Flag) and Russia (Flag) (2021)

Comparative Advantage Russia - Brazil

Flow
Scale

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

During 2021, Russia had a large net trade with Brazil in the exports of Chemical Products ($3.63B), Mineral Products ($1.24B), and Metals ($339M).

During 2021, Brazil had a large net trade with Russia in the exports of Vegetable Products ($643M), Animal Products ($336M), and Foodstuffs ($284M).

Service Trade

Bilateral Service Trade

In 2020, Russia exported services to Brazil worth $10.9M, with Other business services ($4.81M), Transportation ($2.41M), and Construction services ($1.98M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia (Flag) to Brazil (Flag) (2020)

Economic Complexity

Competitive Landscape

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.

Product Space of Russia (Flag) and Brazil (Flag) (2021)

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