Flag United States / Brazil Flag

2019
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Exports
: $32.6B, Rnk 11 / 218

2019
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Top Product
: $8.16B, Refined Petroleum

2019
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Exports
: $30.5B, Rnk 2 / 220

2019
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Top Product
: $3.24B, Crude Petroleum

2019
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Economic Complexity (ECI)
: ECI 1.58, Rnk 10 / 146

2019
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Economic Complexity (ECI)
: ECI 0.51, Rnk 49 / 146

2019
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GDP
: $21.4T, CURRENT US$
Rnk 1 / 187

2009-2019
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GDP GROWTH
: 48.3%, CURRENT US$
Rnk 96 / 187

2019
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 GDP
: $1.84T, CURRENT US$
Rnk 9 / 187

2009-2019
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GDP GROWTH
: 10.4%, CURRENT US$
Rnk 162 / 187

2019
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GDP PC 
: $65,298, CURRENT US$
Rnk 8 / 187

2009-2019
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GDP PC GROWTH
: 38.6%, CURRENT US$
Rnk 76 / 187

2019
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GDP PC
: $8,717, CURRENT US$
Rnk 79 / 187

2009-2019
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GDP PC GROWTH
: 1.39%, CURRENT US$
Rnk 156 / 187

United States-Brazil: In 2019, United States exported $32.6B to Brazil. The main products that United States exported to Brazil are Refined Petroleum ($8.16B), Coal Briquettes ($1.07B), and Crude Petroleum ($1.03B). During the last 24 years the exports of United States to Brazil have increased at an annualized rate of 4.18%, from $12.2B in 1995 to $32.6B in 2019.

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 2019, Brazil exported $30.5B to United States . The main products that Brazil exported to United States were Crude Petroleum ($3.24B), Planes, Helicopters, and/or Spacecraft ($2.21B), and Semi-Finished Iron ($1.87B). During the last 24 years the exports of Brazil to United States have increased at an annualized rate of 5.18%, from $9.06B in 1995 to $30.5B in 2019.

In 2019, Brazil did not exported services to United States.

Comparison: In 2019,  United States ranked 10 in the Economic Complexity Index (ECI 1.58), and 2 in total exports ($1.51T). That same year, Brazil ranked 49 in the Economic Complexity Index (ECI 0.51), and 25 in total exports ($230B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2019, United States exported $32.6B to Brazil. The main products exported from United States to Brazil were Refined Petroleum ($8.16B), Coal Briquettes ($1.07B), and Crude Petroleum ($1.03B). During the last 24 years the exports of United States to Brazil have increased at an annualized rate of 4.18%, from $12.2B in 1995 to $32.6B in 2019.

In 2019, Brazil exported $30.5B to United States. The main products exported from Brazil to United States were Crude Petroleum ($3.24B), Planes, Helicopters, and/or Spacecraft ($2.21B), and Semi-Finished Iron ($1.87B). During the last 24 years the exports of Brazil to United States have increased at an annualized rate of 5.18%, from $9.06B in 1995 to $30.5B in 2019.

Market Competitiveness

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Measure

United States
Top Destination
: Canada, $252B

Brazil
Top Destination
: China, $63.5B

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 ($252B), Mexico ($235B), and Japan ($70.1B).

In 2019, countries that imported more from Brazil than United States were Argentina ($9.85B), Iran ($2.19B), and Uruguay ($2.49B).

Comparative Advantage United States - Brazil

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Depth

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

During 2019, United States had a large net trade with Brazil in the exports of Mineral Products ($11.4B), Chemical Products ($6.82B), and Machines ($6.42B).

During 2019, Brazil had a large net trade with United States in the exports of Mineral Products ($5.43B), Machines ($5.07B), and Metals ($4.82B).

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 2018, the products from United States that paid the highest import tariffs to enter Brazil were Tobacco: smoking, other than water pipe tobacco, whether or not containing tobacco substitutes in any proportion (350%) and Homogenized or reconstituted tobacco (350%).

In 2018, 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
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 red.  This mean that the more blue a dot/product is, the more United States has comparative advantage over Brazil. Similarly, the more red a dot/product is, the more Brazil has comparative advantage over United States.