2023
Flag  
GDP
$2.17TCURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP GROWTH
-12.1%CURRENT US$
Rnk 184 / 195
2023
Flag
 GDP
$248BCURRENT US$
Rnk 53 / 195
2013-2023
Flag
GDP GROWTH
7.8%CURRENT US$
Rnk 161 / 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
$5,364CURRENT US$
Rnk 121 / 196
2013-2023
Flag
GDP PC GROWTH
-10.3%CURRENT US$
Rnk 169 / 195

About

Brazil-Algeria Trade: In 2023, Brazil exported $2.37B to Algeria. The main products that Brazil exported to Algeria were Raw Sugar ($931M), Corn ($449M), and Soybeans ($437M). Over the past 5 years the exports of Brazil to Algeria have increased at an annualized rate of 18.7%, from $1.01B in 2018 to $2.37B in 2023.

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

Algeria-Brazil Trade: In 2023, Algeria exported $1.92B to Brazil. The main products that Algeria exported to Brazil were Crude Petroleum ($1.43B), Nitrogenous Fertilizers ($289M), and Refined Petroleum ($136M). Over the past 5 years the exports of Algeria to Brazil have decreased at an annualized rate of 4.38%,  from $2.51B in 2018 to $1.92B in 2023.

In 2023, Algeria 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, Algeria ranked 99 in the Economic Complexity Index (ECI -0.75), and 57 in total exports ($52.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Brazil exported $2.37B to Algeria. The main products exported from Brazil to Algeria were Raw Sugar ($931M), Corn ($449M), and Soybeans ($437M). During the last 5 years the exports of Brazil to Algeria have increased at an annualized rate of 18.7%, from $1.01B in 2018 to $2.37B in 2023.

In 2018, Algeria exported $1.92B to Brazil. The main products exported from Algeria to Brazil were Crude Petroleum ($1.43B), Nitrogenous Fertilizers ($289M), and Refined Petroleum ($136M). During the last 5 years the exports of Algeria to Brazil have decreased at an annualized rate of 4.38%, from $2.51B in 2023 to $1.92B in 2018.

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

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

Market Competitiveness

Color
Brazil
Top Destination
China$106B
Algeria
Top Destination
Italy$15.2B

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

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

In 2023, countries that imported more from Algeria than Brazil included Italy ($15.2B), France ($7.29B), and Tunisia ($1.81B).

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

Comparative Advantage Brazil - Algeria

Flow
Scale

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

During 2023, Brazil had a large net trade with Algeria in the exports of Vegetable Products ($1.07B), Foodstuffs ($937M), and Mineral Products ($165M).

During 2018, Algeria had a large net trade with Brazil in the exports of Mineral Products ($1.63B), Chemical Products ($290M), and Plastics and Rubbers ($2.75M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Brazil Algeria+$40.1MIron Ore
Top Product Potential Algeria Brazil+$200MRefined 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 Brazil and Algeria. This means that a dot/product with the flag of Brazil indicates it has a comparative advantage over Algeria. Similarly, a dot/product with the flag of Algeria indicates it has a comparative advantage over Brazil.

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

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