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2023
Flag → Flag
Exports $792MRnk 54 / 221
2023
Flag → Flag
Top Product $175MCopper Ore
2023
Flag → Flag
Exports $896MRnk 23 / 206
2023
Flag → Flag
Top Product $81.9MMixed Mineral or Chemical Fertilizers
2023
Flag
Economic Complexity (ECI) ECI 0.31Rnk 49 / 132
2023
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Economic Complexity (ECI) ECI 1.46Rnk 13 / 132
2023
Flag  
GDP$2.17TCURRENT US$
Rnk 9 / 195
2013-2023
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GDP GROWTH-12.1%CURRENT US$
Rnk 184 / 195
2023
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 GDP$296BCURRENT US$
Rnk 47 / 195
2013-2023
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GDP GROWTH9.35%CURRENT US$
Rnk 158 / 195
2023
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GDP PC $10,295CURRENT US$
Rnk 89 / 195
2013-2023
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GDP PC GROWTH-17.4%CURRENT US$
Rnk 175 / 195
2023
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GDP PC$52,926CURRENT US$
Rnk 23 / 196
2013-2023
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GDP PC GROWTH6.51%CURRENT US$
Rnk 144 / 195

About

Brazil-Finland Trade: In 2023, Brazil exported $792M to Finland. The main products that Brazil exported to Finland were Copper Ore ($175M), Nickel Ore ($143M), and Coffee ($92M). Over the past 5 years the exports of Brazil to Finland have increased at an annualized rate of 7.28%, from $557M in 2018 to $792M in 2023.

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

Finland-Brazil Trade: In 2023, Finland exported $896M to Brazil. The main products that Finland exported to Brazil were Mixed Mineral or Chemical Fertilizers ($81.9M), Special Pharmaceuticals ($49.5M), and Papermaking Machines ($47.7M). Over the past 5 years the exports of Finland to Brazil have increased at an annualized rate of 13.5%,  from $476M in 2018 to $896M in 2023.

In 2020, Finland exported services to Brazil worth $270M, with Computer and information services ($159M), Other business services ($105M), and Royalties and license fees ($3.43M) 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, Finland ranked 13 in the Economic Complexity Index (ECI 1.46), and 45 in total exports ($84.3B).

Latest Trends

December, 2024

About

Overview In December 2024, Brazil exported $65.1M and imported $44.2M from Finland, resulting in a positive trade balance of $20.9M. Between December 2023 and December 2024 the exports of Brazil have increased by $48.7M (297%) from $16.4M to $65.1M, while imports decreased by $-7.95M (-15.2%) from $52.2M to $44.2M.

Trade In December 2024, the top exports of Brazil to Finland were Coffee ($8.13M), Coffee and Tea Extracts ($1.43M), Ferroalloys ($999k), Engine Parts ($685k), and Plywood ($317k). In December 2024 the top imports of Brazil from Finland were Special Pharmaceuticals ($5.53M), Kaolin Coated Paper ($5.02M), Other Construction Vehicles ($4.79M), Other Agricultural Machinery ($3.76M), and Mixed Mineral or Chemical Fertilizers ($3.5M).

Origins In December 2024 the exports of Brazil were mainly from Pará ($52.3M), Minas Gerais ($7.49M), São Paulo ($2.99M), Goiás ($1.43M), and Santa Catarina ($386k), while imports destinations were mainly São Paulo ($21.3M), Santa Catarina ($5.5M), Minas Gerais ($4.3M), Paraná ($3.84M), and Rio de Janeiro ($3.49M).

Growth In December 2024, the increase in Brazil's year-by-year exports to Finland was explained primarily by an increase in product exports in Coffee ($1.91M or 30.8%), Plywood ($228k or 254%), and Knit Women's Suits ($54.3k or 508%). In December 2024, the decrease in Brazil's year-by-year imports  from Finland was explained primarily by an decrease in product imports  in Tractors ($-4.3M or -58.5%), Other Heating Machinery ($-4M or -97.4%), and Other Construction Vehicles ($-1.95M or -28.9%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)$48.7M(297%)
IMPORT GROWTH (December 2023 - December 2024)$-7.95M(-15.2%)
MAIN EXPORTER (December 2024)Pará$52.3M

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 Finland and Brazil trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Finland and Brazil Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Brazil exported $792M to Finland. The main products exported from Brazil to Finland were Copper Ore ($175M), Nickel Ore ($143M), and Coffee ($92M). During the last 5 years the exports of Brazil to Finland have increased at an annualized rate of 7.28%, from $557M in 2018 to $792M in 2023.

In 2018, Finland exported $896M to Brazil. The main products exported from Finland to Brazil were Mixed Mineral or Chemical Fertilizers ($81.9M), Special Pharmaceuticals ($49.5M), and Papermaking Machines ($47.7M). During the last 5 years the exports of Finland to Brazil have increased at an annualized rate of 13.5%, from $476M in 2023 to $896M in 2018.

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

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

Market Competitiveness

Color
Brazil
Top DestinationChina$106B
Finland
Top DestinationUnited States$9.68B

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

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

In 2023, countries that imported more from Finland than Brazil included Sweden ($8.13B), Estonia ($2.4B), and Germany ($9.26B).

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

Comparative Advantage Brazil - Finland

Flow
Scale

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

During 2023, Brazil had a large net trade with Finland in the exports of Mineral Products ($377M), Foodstuffs ($109M), and Vegetable Products ($106M).

During 2018, Finland had a large net trade with Brazil in the exports of Machines ($393M), Chemical Products ($228M), and Transportation ($89.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Brazil Finland+$6.49MRaw Sugar
Top Product Potential Finland Brazil+$15.2MRefined 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, Finland exported services to Brazil worth $270M, with Computer and information services ($159M), Other business services ($105M), and Royalties and license fees ($3.43M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Finland (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 Finland. This means that a dot/product with the flag of Brazil indicates it has a comparative advantage over Finland. Similarly, a dot/product with the flag of Finland indicates it has a comparative advantage over Brazil.

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

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