Flag United States / Brazil Flag

2020
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Exports
: $29.3B, Rnk 9 / 218

2020
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Top Product
: $5.94B, Refined Petroleum

2020
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Exports
: $21.9B, Rnk 2 / 223

2020
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Top Product
: $1.54B, Semi-Finished Iron

2020
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Economic Complexity (ECI)
: ECI 1.56, Rnk 9 / 127

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

2020
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GDP
: $21T, CURRENT US$
Rnk 1 / 195

2010-2020
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GDP GROWTH
: 39.8%, CURRENT US$
Rnk 78 / 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 
: $63,593, CURRENT US$
Rnk 8 / 195

2010-2020
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GDP PC GROWTH
: 31.2%, CURRENT US$
Rnk 57 / 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

United States-Brazil In 2020, United States exported $29.3B to Brazil. The main products that United States exported to Brazil are Refined Petroleum ($5.94B), Petroleum Gas ($1.13B), and Gas Turbines ($1.05B). During the last 25 years the exports of United States to Brazil have increased at an annualized rate of 3.54%, from $12.3B in 1995 to $29.3B in 2020.

In 2017, United States exported services to Brazil worth $20.1B, with Travel ($7.67B), Transportation ($4.92B), and Royalties and license fees ($3.7B) being the largest in terms of value.

Brazil-United States In 2020, Brazil exported $21.9B to United States . The main products that Brazil exported to United States were Semi-Finished Iron ($1.54B), Planes, Helicopters, and/or Spacecraft ($1.49B), and Crude Petroleum ($1.37B). During the last 25 years the exports of Brazil to United States have increased at an annualized rate of 3.56%, from $9.12B in 1995 to $21.9B in 2020.

In 2020, Brazil did not export any services to United States.

Comparison In 2020,  United States ranked 9 in the Economic Complexity Index (ECI 1.56), and 2 in total exports ($1.34T). 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
Compare to

In 2020, United States exported $29.3B to Brazil. The main products exported from United States to Brazil were Refined Petroleum ($5.94B), Petroleum Gas ($1.13B), and Gas Turbines ($1.05B). During the last 25 years the exports of United States to Brazil have increased at an annualized rate of 3.54%, from $12.3B in 1995 to $29.3B in 2020.

In 2020, Brazil exported $21.9B to United States. The main products exported from Brazil to United States were Semi-Finished Iron ($1.54B), Planes, Helicopters, and/or Spacecraft ($1.49B), and Crude Petroleum ($1.37B). During the last 25 years the exports of Brazil to United States have increased at an annualized rate of 3.56%, from $9.12B in 1995 to $21.9B in 2020.

Market Competitiveness

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Measure

United States
Top Destination
: Canada, $218B

Brazil
Top Destination
: China, $67.9B

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

In 2019, countries that imported more from United States than Brazil were Canada ($218B), Mexico ($196B), and Japan ($63.1B).

In 2019, countries that imported more from Brazil than United States were Argentina ($8.57B), Paraguay ($2.19B), and Iran ($1.16B).

Comparative Advantage United States - Brazil

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Flow

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

During 2020, United States had a large net trade with Brazil in the exports of Mineral Products ($8.81B), Machines ($6.66B), and Chemical Products ($6.49B).

During 2020, Brazil had a large net trade with United States in the exports of Metals ($3.35B), Machines ($3.25B), and Mineral Products ($2.43B).

Tariff Section

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

In 2019, the products from United States that paid the highest import tariffs to enter Brazil were Grape wines, alcoholic grape must nes (230k%) and Wine; still, in containers holding more than 2 litres but not more than 10 litres (212k%).

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

*The tariffs present between United States and Brazil are:
136: Most Favoured Nation duty rate treatement
136: Most Favoured Nation duty rate treatement
136: Most Favoured Nation duty rate treatement
388: United States Generalized System of Preference

Bilateral Service Trade

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In 2017, United States exported services to Brazil worth $20.1B, with Travel ($7.67B), Transportation ($4.92B), and Royalties and license fees ($3.7B) 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 United States has comparative advantage over Brazil. Similarly, the more yellow a dot/product is, the more Brazil has comparative advantage over United States.