2022
Flag  
GDP
$1.68TCURRENT US$
Rnk 12 / 186
2012-2022
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GDP GROWTH
8.3%CURRENT US$
Rnk 148 / 186
2022
Flag
 GDP
$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP GROWTH
-22.1%CURRENT US$
Rnk 180 / 186
2022
Flag
GDP PC 
$64,491CURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP PC GROWTH
-5.23%CURRENT US$
Rnk 153 / 186
2022
Flag
GDP PC
$8,918CURRENT US$
Rnk 82 / 186
2012-2022
Flag
GDP PC GROWTH
-27.7%CURRENT US$
Rnk 177 / 186

About

Australia-Brazil Trade: In 2022, Australia exported $2.5B to Brazil. The main products that Australia exported to Brazil were Coal Briquettes ($1.98B), Mixed Mineral or Chemical Fertilizers ($145M), and Raw Aluminium ($91.5M). Over the past 5 years the exports of Australia to Brazil have increased at an annualized rate of 14.1%, from $1.29B in 2017 to $2.5B in 2022.

In 2022, Australia did not export any services to Brazil.

Brazil-Australia Trade: In 2022, Brazil exported $781M to Australia. The main products that Brazil exported to Australia were Large Construction Vehicles ($171M), Coffee ($116M), and Sulfate Chemical Woodpulp ($62.1M). Over the past 5 years the exports of Brazil to Australia have increased at an annualized rate of 9.25%,  from $502M in 2017 to $781M in 2022.

In 2022, Brazil did not export any services to Australia.

Comparison: In 2022,  Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B). That same year, Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Australia exported $2.5B to Brazil. The main products exported from Australia to Brazil were Coal Briquettes ($1.98B), Mixed Mineral or Chemical Fertilizers ($145M), and Raw Aluminium ($91.5M). During the last 5 years the exports of Australia to Brazil have increased at an annualized rate of 14.1%, from $1.29B in 2017 to $2.5B in 2022.

In 2017, Brazil exported $781M to Australia. The main products exported from Brazil to Australia were Large Construction Vehicles ($171M), Coffee ($116M), and Sulfate Chemical Woodpulp ($62.1M). During the last 5 years the exports of Brazil to Australia have increased at an annualized rate of 9.25%, from $502M in 2022 to $781M in 2017.

Exports from Australia (Flag) to Brazil (Flag) (2022)

Exports from Brazil (Flag) to Australia (Flag) (2022)

Market Competitiveness

Color
Australia
Top Destination
China$123B
Brazil
Top Destination
China$90.1B

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

In 2022, countries that imported more from Australia than Brazil included Japan ($80.1B), South Korea ($41B), and China ($123B).

In 2022, countries that imported more from Brazil than Australia included United States ($36.6B), Argentina ($15.4B), and Spain ($9.78B).

Difference in imports from Brazil (Flag) and Australia (Flag) (2022)

Comparative Advantage Australia - Brazil

Flow
Scale

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

During 2022, Australia had a large net trade with Brazil in the exports of Mineral Products ($2.04B), Chemical Products ($183M), and Metals ($101M).

During 2017, Brazil had a large net trade with Australia in the exports of Machines ($245M), Vegetable Products ($130M), and Chemical Products ($75.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Australia Brazil+$12.9MRaw Aluminium
Top Product Potential Brazil Australia+$19.4MPackaged Medicaments

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 Australia and Brazil. This means that a dot/product with the flag of Australia indicates it has a comparative advantage over Brazil. Similarly, a dot/product with the flag of Brazil indicates it has a comparative advantage over Australia.

Product Space of Australia (Flag) and Brazil (Flag) (2022)

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