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Pricing

2022
Flag → Flag
Exports $30.1BRnk 9 / 219
2022
Flag → Flag
Top Product $12BRefined Petroleum
2022
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Exports $27.5BRnk 2 / 223
2022
Flag → Flag
Top Product $5.1BCrude Petroleum
2022
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Economic Complexity (ECI) ECI 1.47Rnk 10 / 133
2022
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Economic Complexity (ECI) ECI 0.36Rnk 49 / 133
2022
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GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
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GDP GROWTH56.7%CURRENT US$
Rnk 45 / 186
2022
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 GDP$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
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GDP GROWTH-22.1%CURRENT US$
Rnk 180 / 186
2022
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GDP PC $76,399CURRENT US$
Rnk 8 / 186
2012-2022
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GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186
2022
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GDP PC$8,918CURRENT US$
Rnk 82 / 186
2012-2022
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GDP PC GROWTH-27.7%CURRENT US$
Rnk 177 / 186

About

United States-Brazil Trade: In 2022, United States exported $30.1B to Brazil. The main products that United States exported to Brazil were Refined Petroleum ($12B), Petroleum Gas ($2.65B), and Crude Petroleum ($2.28B). Over the past 5 years the exports of United States to Brazil have increased at an annualized rate of 19.6%, from $12.3B in 2017 to $30.1B in 2022.

In 2017, United States exported services to Brazil worth $23B, with Travel ($8.37B), Financial services ($3.96B), and Other business services ($2.99B) being the largest in terms of value.

Brazil-United States Trade: In 2022, Brazil exported $27.5B to United States. The main products that Brazil exported to United States were Crude Petroleum ($5.1B), Planes, Helicopters, and/or Spacecraft ($1.93B), and Coffee ($1.83B). Over the past 5 years the exports of Brazil to United States have increased at an annualized rate of 24.6%,  from $9.14B in 2017 to $27.5B in 2022.

In 2022, Brazil did not export any services to United States.

Comparison: In 2022,  United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T). That same year, Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B).

Company data: In 2023, leading companies such as Telamon (1.8k), Pirelli Tires (1.41k), and Goodyear Tire and Rubber (1.39k) were at the forefront of exporting goods from Brazil to the United States. Conversely, Other (3.43k), Tupy S/a (1.79k), and Pirelli Pneus Ltda (1.41k) were notable for importing products to Brazil from the United States.

Latest Trends

April, 2024

About

Overview In April 2024, United States exported $3.86B and imported $3.23B from Brazil, resulting in a positive trade balance of $635M. Between April 2023 and April 2024 the exports of United States have increased by $429M (12.5%) from $3.43B to $3.86B, while imports increased by $575M (21.7%) from $2.65B to $3.23B.

Trade In April 2024, the top exports of United States to Brazil were Aircraft Parts ($517M), Refined Petroleum ($436M), Packaged Medicaments ($114M), Ethylene Polymers ($109M), and Coal Briquettes ($108M). In April 2024 the top imports of United States from Brazil were Crude Petroleum ($396M), Sulfate Chemical Woodpulp ($203M), Commodities not elsewhere specified ($167M), Coffee ($158M), and Pig Iron ($148M).

Origins In April 2024 the exports of United States were mainly from Texas ($916M), Florida ($426M), Kentucky ($288M), Ohio ($208M), and Illinois ($186M), while imports destinations were mainly California ($564M), Texas ($504M), Florida ($414M), Louisiana ($179M), and New Jersey ($171M).

Growth In April 2024, the increase in United States's year-by-year exports to Brazil was explained primarily by an increase in product exports in Packaged Medicaments ($69.3M or 155%), Potassic Fertilizers ($30.8M or 125%), and Pesticides ($28.6M or 55.9%). In April 2024, the increase in United States's year-by-year imports  from Brazil was explained primarily by an increase in product imports  in Crude Petroleum ($117M or 42.2%), Sulfate Chemical Woodpulp ($93.7M or 85.5%), and Refined Petroleum ($56.7M or 5.01k%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (April 2023 - April 2024)$429M(12.5%)
IMPORT GROWTH (April 2023 - April 2024)$575M(21.7%)
MAIN EXPORTER (April 2024)Texas$916M

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

To check Brazil and United States trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Brazil and United States Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United States exported $30.1B to Brazil. The main products exported from United States to Brazil were Refined Petroleum ($12B), Petroleum Gas ($2.65B), and Crude Petroleum ($2.28B). During the last 5 years the exports of United States to Brazil have increased at an annualized rate of 19.6%, from $12.3B in 2017 to $30.1B in 2022.

In 2017, Brazil exported $27.5B to United States. The main products exported from Brazil to United States were Crude Petroleum ($5.1B), Planes, Helicopters, and/or Spacecraft ($1.93B), and Coffee ($1.83B). During the last 22 years the exports of Brazil to United States have increased at an annualized rate of 24.6%, from $9.14B in 1995 to $27.5B in 2017.

Exports from United States (Flag) to Brazil (Flag) (2022)

Exports from Brazil (Flag) to United States (Flag) (2022)

Market Competitiveness

Color
United States
Top DestinationCanada$308B
Brazil
Top DestinationChina$90.1B

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 2022, countries that imported more from United States than Brazil included Canada ($308B), Mexico ($294B), and Japan ($79.5B).

In 2022, countries that imported more from Brazil than United States included Argentina ($15.4B), Iran ($4.3B), and Paraguay ($3.53B).

Difference in imports from Brazil (Flag) and United States (Flag) (2022)

Comparative Advantage United States - Brazil

Flow
Scale

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

During 2022, United States had a large net trade with Brazil in the exports of Mineral Products ($20B), Chemical Products ($9.84B), and Machines ($9.09B).

During 2017, Brazil had a large net trade with United States in the exports of Mineral Products ($6.97B), Metals ($6.15B), and Machines ($4.15B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United States Brazil+$434MCrude Petroleum
Top Product Potential Brazil United States+$2.62BCrude Petroleum

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

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

Product Space of United States (Flag) and Brazil (Flag) (2022)

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