2023
Flag  
GDP
$2.17TCURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP GROWTH
-12.1%CURRENT US$
Rnk 184 / 195
2023
Flag
 GDP
$1.73TCURRENT US$
Rnk 13 / 195
2013-2023
Flag
GDP GROWTH
9.57%CURRENT US$
Rnk 156 / 195
2023
Flag
GDP PC 
$10,295CURRENT US$
Rnk 89 / 195
2013-2023
Flag
GDP PC GROWTH
-17.4%CURRENT US$
Rnk 175 / 195
2023
Flag
GDP PC
$64,821CURRENT US$
Rnk 16 / 196
2013-2023
Flag
GDP PC GROWTH
-4.94%CURRENT US$
Rnk 159 / 195

About

Brazil-Australia Trade: In 2023, Brazil exported $937M to Australia. The main products that Brazil exported to Australia were Large Construction Vehicles ($174M), Coffee ($108M), and Sulfate Chemical Woodpulp ($75.4M). Over the past 5 years the exports of Brazil to Australia have increased at an annualized rate of 9.01%, from $609M in 2018 to $937M in 2023.

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

Australia-Brazil Trade: In 2023, Australia exported $2.11B to Brazil. The main products that Australia exported to Brazil were Coal Briquettes ($1.57B), Coke ($267M), and Therapeutic Appliances ($31.1M). Over the past 5 years the exports of Australia to Brazil have increased at an annualized rate of 14.3%,  from $1.08B in 2018 to $2.11B in 2023.

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

Comparison: In 2023,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.31), and 22 in total exports ($355B). That same year, Australia ranked 75 in the Economic Complexity Index (ECI -0.28), and 20 in total exports ($374B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Brazil exported $937M to Australia. The main products exported from Brazil to Australia were Large Construction Vehicles ($174M), Coffee ($108M), and Sulfate Chemical Woodpulp ($75.4M). During the last 5 years the exports of Brazil to Australia have increased at an annualized rate of 9.01%, from $609M in 2018 to $937M in 2023.

In 2018, Australia exported $2.11B to Brazil. The main products exported from Australia to Brazil were Coal Briquettes ($1.57B), Coke ($267M), and Therapeutic Appliances ($31.1M). During the last 5 years the exports of Australia to Brazil have increased at an annualized rate of 14.3%, from $1.08B in 2023 to $2.11B in 2018.

Exports from Brazil (Flag) to Australia (Flag) (2023)

Exports from Australia (Flag) to Brazil (Flag) (2023)

Market Competitiveness

Color
Brazil
Top Destination
China$106B
Australia
Top Destination
China$137B

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

In 2023, countries that imported more from Brazil than Australia included United States ($37B), Argentina ($17.2B), and Netherlands ($11.4B).

In 2023, countries that imported more from Australia than Brazil included Japan ($59B), China ($137B), and South Korea ($20.9B).

Difference in imports from Australia (Flag) and Brazil (Flag) (2023)

Comparative Advantage Brazil - Australia

Flow
Scale

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

During 2023, Brazil had a large net trade with Australia in the exports of Machines ($263M), Transportation ($155M), and Vegetable Products ($123M).

During 2018, Australia had a large net trade with Brazil in the exports of Mineral Products ($1.84B), Machines ($58.5M), and Instruments ($58.5M).

Potential Exports

Potential Exports

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

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

Product Space of Brazil (Flag) and Australia (Flag) (2023)

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