Turkey (TUR) and Brazil (BRA) Trade | The Observatory of Economic Complexity

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Turkey-Brazil Trade: In 2023, Turkey exported $1.19B to Brazil. The main products that Turkey exported to Brazil were Carbonates ($144M), Gas Turbines ($110M), and Motor vehicles; parts and accessories (8701 to 8705) ($62.1M). Over the past 5 years the exports of Turkey to Brazil have increased at an annualized rate of 12.4%, from $661M in 2018 to $1.19B in 2023.

In 2023, Turkey did not export any services to Brazil.

Brazil-Turkey Trade: In 2023, Brazil exported $3.81B to Turkey. The main products that Brazil exported to Turkey were Soybeans ($900M), Iron Ore ($526M), and Bovine ($387M). Over the past 5 years the exports of Brazil to Turkey have increased at an annualized rate of 5.55%, from $2.91B in 2018 to $3.81B in 2023.

In 2023, Brazil did not export any services to Turkey.

Comparison: In 2023, Turkey ranked 41 in the Economic Complexity Index (ECI 0.62), and 28 in total exports ($272B). That same year, Brazil ranked 49 in the Economic Complexity Index (ECI 0.31), and 22 in total exports ($355B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Turkey exported $1.19B to Brazil. The main products exported from Turkey to Brazil were Carbonates ($144M), Gas Turbines ($110M), and Motor vehicles; parts and accessories (8701 to 8705) ($62.1M). During the last 5 years the exports of Turkey to Brazil have increased at an annualized rate of 12.4%, from $661M in 2018 to $1.19B in 2023.

In 2018, Brazil exported $3.81B to Turkey. The main products exported from Brazil to Turkey were Soybeans ($900M), Iron Ore ($526M), and Bovine ($387M). During the last 5 years the exports of Brazil to Turkey have increased at an annualized rate of 5.55%, from $2.91B in 2023 to $3.81B in 2018.

Exports from Turkey () to Brazil () (2023)

Exports from Brazil () to Turkey () (2023)

Latest Data

Trade between Turkey () and Brazil ()

Turkey Exports

Date

Brazil Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Turkey
Top DestinationGermany$24.7B

Brazil
Top DestinationChina$106B

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

In 2023, countries that imported more from Turkey than Brazil included Germany ($24.7B), Iraq ($12.8B), and United Arab Emirates ($14.7B).

In 2023, countries that imported more from Brazil than Turkey included China ($106B), United States ($37B), and Argentina ($17.2B).

Difference in imports from Brazil () and Turkey () (2023)

Comparative Advantage Turkey - Brazil

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Turkey had a large net trade with Brazil in the exports of Machines ($278M), Chemical Products ($239M), and Textiles ($123M).

During 2018, Brazil had a large net trade with Turkey in the exports of Vegetable Products ($1.26B), Mineral Products ($563M), and Animal Products ($486M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Turkey Brazil+$68.5MMotor vehicles; parts and accessories (8701 to 8705)

Top Product Potential Brazil Turkey+$103MGold

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Turkey and Brazil. This means that a dot/product with the flag of Turkey indicates it has a comparative advantage over Brazil. Similarly, a dot/product with the flag of Brazil indicates it has a comparative advantage over Turkey.

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Historical Data

Bilateral Trade by Products

Exports from Turkey () to Brazil () (2023)

Exports from Brazil () to Turkey () (2023)

Latest Data

Trade between Turkey () and Brazil ()

Turkey Exports

Brazil Exports

Market Competitiveness

Difference in imports from Brazil () and Turkey () (2023)

Comparative Advantage Turkey - Brazil

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Turkey () and Brazil () (2023)

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