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2023
Flag → Flag
Exports $482MRnk 61 / 221
2023
Flag → Flag
Top Product $94.1MCoffee
2023
Flag → Flag
Exports $66.8MRnk 72 / 214
2023
Flag → Flag
Top Product $9.64MPetroleum Coke
2023
Flag
Economic Complexity (ECI) ECI 0.31Rnk 49 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.4Rnk 46 / 132
2023
Flag  
GDP$2.17TCURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP GROWTH-12.1%CURRENT US$
Rnk 184 / 195
2023
Flag
 GDP$243BCURRENT US$
Rnk 54 / 195
2013-2023
Flag
GDP GROWTH2.93%CURRENT US$
Rnk 166 / 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$23,401CURRENT US$
Rnk 53 / 196
2013-2023
Flag
GDP PC GROWTH8.47%CURRENT US$
Rnk 139 / 195

About

Brazil-Greece Trade: In 2023, Brazil exported $482M to Greece. The main products that Brazil exported to Greece were Coffee ($94.1M), Crude Petroleum ($92M), and Soybeans ($67M). Over the past 5 years the exports of Brazil to Greece have increased at an annualized rate of 21.7%, from $181M in 2018 to $482M in 2023.

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

Greece-Brazil Trade: In 2023, Greece exported $66.8M to Brazil. The main products that Greece exported to Brazil were Petroleum Coke ($9.64M), Packaged Medicaments ($8.34M), and Razor Blades ($7.04M). Over the past 5 years the exports of Greece to Brazil have decreased at an annualized rate of 18.5%,  from $186M in 2018 to $66.8M in 2023.

In 2020, Greece exported services to Brazil worth $941M, with Transportation ($936M), Travel ($3.88M), and Other business services ($685k) 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, Greece ranked 46 in the Economic Complexity Index (ECI 0.4), and 56 in total exports ($53.3B).

Latest Trends

December, 2024

About

Overview In December 2024, Brazil exported $28.5M and imported $9.54M from Greece, resulting in a positive trade balance of $19M. Between December 2023 and December 2024 the exports of Brazil have increased by $1.35M (4.98%) from $27.2M to $28.5M, while imports increased by $1.73M (22.2%) from $7.81M to $9.54M.

Trade In December 2024, the top exports of Brazil to Greece were Coffee ($5.55M), Refined Petroleum ($1.98M), Aluminium Ore ($1.29M), Rubber Footwear ($1.05M), and Rosin ($947k). In December 2024 the top imports of Brazil from Greece were Other Fruits ($4.5M), Petroleum Coke ($1.86M), Packaged Medicaments ($1.81M), Razor Blades ($749k), and Magnesium Carbonate ($352k).

Origins In December 2024 the exports of Brazil were mainly from Minas Gerais ($12.6M), Rio Grande do Sul ($4.78M), São Paulo ($2.06M), Paraná ($1.97M), and Rio de Janeiro ($1.96M), while imports destinations were mainly São Paulo ($5.04M), Santa Catarina ($895k), Rio Grande do Sul ($749k), Espírito Santo ($632k), and Bahia ($617k).

Growth In December 2024, the increase in Brazil's year-by-year exports to Greece was explained primarily by an increase in product exports in Rosin ($817k or 628%), Rubber Footwear ($107k or 11.4%), and Other Iron Products ($59.9k or 3.98k%). In December 2024, the increase in Brazil's year-by-year imports  from Greece was explained primarily by an increase in product imports  in Packaged Medicaments ($488k or 36.9%), Magnesium Carbonate ($289k or 454%), and Razor Blades ($194k or 34.9%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)$1.35M(4.98%)
IMPORT GROWTH (December 2023 - December 2024)$1.73M(22.2%)
MAIN EXPORTER (December 2024)Minas Gerais$12.6M

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 Greece and Brazil trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Brazil exported $482M to Greece. The main products exported from Brazil to Greece were Coffee ($94.1M), Crude Petroleum ($92M), and Soybeans ($67M). During the last 5 years the exports of Brazil to Greece have increased at an annualized rate of 21.7%, from $181M in 2018 to $482M in 2023.

In 2018, Greece exported $66.8M to Brazil. The main products exported from Greece to Brazil were Petroleum Coke ($9.64M), Packaged Medicaments ($8.34M), and Razor Blades ($7.04M). During the last 5 years the exports of Greece to Brazil have decreased at an annualized rate of 18.5%, from $186M in 2023 to $66.8M in 2018.

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

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

Market Competitiveness

Color
Brazil
Top DestinationChina$106B
Greece
Top DestinationItaly$6.21B

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

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

In 2023, countries that imported more from Greece than Brazil included Cyprus ($3.03B), Bulgaria ($2.38B), and Romania ($2.09B).

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

Comparative Advantage Brazil - Greece

Flow
Scale

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

During 2023, Brazil had a large net trade with Greece in the exports of Mineral Products ($170M), Vegetable Products ($163M), and Foodstuffs ($79.9M).

During 2018, Greece had a large net trade with Brazil in the exports of Chemical Products ($13.5M), Metals ($12.4M), and Mineral Products ($11.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Brazil Greece+$42.9MRefined Petroleum
Top Product Potential Greece Brazil+$24.9MRefined 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, Greece exported services to Brazil worth $941M, with Transportation ($936M), Travel ($3.88M), and Other business services ($685k) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

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