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2023
Flag → Flag
Exports $2.98BRnk 29 / 221
2023
Flag → Flag
Top Product $644MFruit Juice
2023
Flag → Flag
Exports $3.31BRnk 22 / 220
2023
Flag → Flag
Top Product $1.15BVaccines, blood, antisera, toxins and cultures
2023
Flag
Economic Complexity (ECI) ECI 0.31Rnk 49 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.23Rnk 20 / 132
2023
Flag  
GDP$2.17TCURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP GROWTH-12.1%CURRENT US$
Rnk 184 / 195
2023
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 GDP$645BCURRENT US$
Rnk 23 / 195
2013-2023
Flag
GDP GROWTH23%CURRENT US$
Rnk 132 / 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$54,701CURRENT US$
Rnk 20 / 196
2013-2023
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GDP PC GROWTH16.5%CURRENT US$
Rnk 113 / 195

About

Brazil-Belgium Trade: In 2023, Brazil exported $2.98B to Belgium. The main products that Brazil exported to Belgium were Fruit Juice ($644M), Coffee ($460M), and Raw Tobacco ($339M). Over the past 5 years the exports of Brazil to Belgium have decreased at an annualized rate of 0.38%, from $3.04B in 2018 to $2.98B in 2023.

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

Belgium-Brazil Trade: In 2023, Belgium exported $3.31B to Brazil. The main products that Belgium exported to Brazil were Vaccines, blood, antisera, toxins and cultures ($1.15B), Refined Petroleum ($309M), and Platinum ($223M). Over the past 5 years the exports of Belgium to Brazil have increased at an annualized rate of 4.02%,  from $2.06B in 2018 to $3.31B in 2023.

In 2020, Belgium exported services to Brazil worth $215M, with Transportation ($102M), Other business services ($74.2M), and Computer and information services ($9.14M) being the largest in terms of value.

Comparison: In 2023,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.31), and 22 in total exports ($355B). That same year, Belgium ranked 20 in the Economic Complexity Index (ECI 1.23), and 13 in total exports ($437B).

Latest Trends

January, 2025

About

Overview In January 2025, Brazil exported $389M and imported $159M from Belgium, resulting in a positive trade balance of $230M. Between January 2024 and January 2025 the exports of Brazil have increased by $159M (69.2%) from $230M to $389M, while imports increased by $1.95M (1.25%) from $157M to $159M.

Trade In January 2025, the top exports of Brazil to Belgium were Coffee ($71.4M), Fruit Juice ($65.1M), Raw Tobacco ($9.35M), Precious Metal Scraps ($7.71M), and Iron Ore ($7.69M). In January 2025 the top imports of Brazil from Belgium were Vaccines, blood, antisera, toxins and cultures ($20.2M), Platinum ($15.4M), Other Frozen Vegetables ($13.8M), Pesticides ($9.2M), and Cars ($8.35M).

Origins In January 2025 the exports of Brazil were mainly from São Paulo ($163M), Minas Gerais ($115M), Rio Grande do Sul ($50.6M), Bahia ($14.1M), and Paraná ($12M), while imports destinations were mainly São Paulo ($77.8M), Santa Catarina ($17.8M), Paraná ($12.2M), Rio Grande do Sul ($11.5M), and Distrito Federal ($7.85M).

Growth In January 2025, the increase in Brazil's year-by-year exports to Belgium was explained primarily by an increase in product exports in Coffee ($29.3M or 69.5%), Yeast ($4.77M or 768%), and Other Edible Preparations ($1.66M or 151%). In January 2025, the increase in Brazil's year-by-year imports  from Belgium was explained primarily by an increase in product imports  in Packaged Medicaments ($2.33M or 58.5%), Special Pharmaceuticals ($2.19M or 12.1k%), and Motor vehicles; parts and accessories (8701... ($2.04M or 69.7%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (January 2024 - January 2025)$159M(69.2%)
IMPORT GROWTH (January 2024 - January 2025)$1.95M(1.25%)
MAIN EXPORTER (January 2025)São Paulo$163M

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

To check Belgium and Brazil trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Belgium and Brazil Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Brazil exported $2.98B to Belgium. The main products exported from Brazil to Belgium were Fruit Juice ($644M), Coffee ($460M), and Raw Tobacco ($339M). During the last 5 years the exports of Brazil to Belgium have decreased at an annualized rate of 0.38%, from $3.04B in 2018 to $2.98B in 2023.

In 2018, Belgium exported $3.31B to Brazil. The main products exported from Belgium to Brazil were Vaccines, blood, antisera, toxins and cultures ($1.15B), Refined Petroleum ($309M), and Platinum ($223M). During the last 5 years the exports of Belgium to Brazil have increased at an annualized rate of 4.02%, from $2.06B in 2023 to $3.31B in 2018.

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

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

Market Competitiveness

Color
Brazil
Top DestinationChina$106B
Belgium
Top DestinationFrance$85.6B

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

In 2023, countries that imported more from Brazil than Belgium included China ($106B), Argentina ($17.2B), and United States ($37B).

In 2023, countries that imported more from Belgium than Brazil included France ($85.6B), Netherlands ($67.3B), and Germany ($60.8B).

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

Comparative Advantage Brazil - Belgium

Flow
Scale

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

During 2023, Brazil had a large net trade with Belgium in the exports of Foodstuffs ($1.05B), Vegetable Products ($504M), and Metals ($397M).

During 2018, Belgium had a large net trade with Brazil in the exports of Chemical Products ($1.68B), Mineral Products ($373M), and Machines ($240M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Brazil Belgium+$32.4MRefined Petroleum
Top Product Potential Belgium Brazil+$217MRefined 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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Bilateral Service Trade

In 2020, Belgium exported services to Brazil worth $215M, with Transportation ($102M), Other business services ($74.2M), and Computer and information services ($9.14M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Belgium (Flag) to Brazil (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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

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