2022
Flag  
GDP
$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP GROWTH
-22.1%CURRENT US$
Rnk 180 / 186
2022
Flag
 GDP
$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH
-39.7%CURRENT US$
Rnk 183 / 186
2022
Flag
GDP PC 
$8,918CURRENT US$
Rnk 82 / 186
2012-2022
Flag
GDP PC GROWTH
-27.7%CURRENT US$
Rnk 177 / 186
2022
Flag
GDP PC
$4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH
-47.3%CURRENT US$
Rnk 183 / 186

About

Brazil-Iran Trade: In 2022, Brazil exported $4.3B to Iran. The main products that Brazil exported to Iran were Corn ($2.01B), Soybeans ($1.36B), and Raw Sugar ($369M). Over the past 5 years the exports of Brazil to Iran have increased at an annualized rate of 10.6%, from $2.6B in 2017 to $4.3B in 2022.

In 2022, Brazil did not export any services to Iran.

Iran-Brazil Trade: In 2022, Iran exported $128M to Brazil. The main products that Iran exported to Brazil were Nitrogenous Fertilizers ($121M), Styrene Polymers ($1.71M), and Other Nuts ($1.3M). Over the past 5 years the exports of Iran to Brazil have increased at an annualized rate of 17.4%,  from $57.4M in 2017 to $128M in 2022.

In 2022, Iran did not export any services to Brazil.

Comparison: In 2022,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B). That same year, Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Brazil exported $4.3B to Iran. The main products exported from Brazil to Iran were Corn ($2.01B), Soybeans ($1.36B), and Raw Sugar ($369M). During the last 5 years the exports of Brazil to Iran have increased at an annualized rate of 10.6%, from $2.6B in 2017 to $4.3B in 2022.

In 2017, Iran exported $128M to Brazil. The main products exported from Iran to Brazil were Nitrogenous Fertilizers ($121M), Styrene Polymers ($1.71M), and Other Nuts ($1.3M). During the last 5 years the exports of Iran to Brazil have increased at an annualized rate of 17.4%, from $57.4M in 2022 to $128M in 2017.

Exports from Brazil (Flag) to Iran (Flag) (2022)

Exports from Iran (Flag) to Brazil (Flag) (2022)

Market Competitiveness

Color
Brazil
Top Destination
China$90.1B
Iran
Top Destination
China$5.72B

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

In 2022, countries that imported more from Brazil than Iran included China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

In 2022, countries that imported more from Iran than Brazil included Kuwait ($960M), Armenia ($557M), and Azerbaijan ($454M).

Difference in imports from Iran (Flag) and Brazil (Flag) (2022)

Comparative Advantage Brazil - Iran

Flow
Scale

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

During 2022, Brazil had a large net trade with Iran in the exports of Vegetable Products ($3.37B), Foodstuffs ($699M), and Animal and Vegetable Bi-Products ($202M).

During 2017, Iran had a large net trade with Brazil in the exports of Chemical Products ($122M), Vegetable Products ($2.27M), and Plastics and Rubbers ($2.04M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Brazil Iran+$16MPoultry Meat
Top Product Potential Iran Brazil+$1.86MStyrene Polymers

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

Product Space of Brazil (Flag) and Iran (Flag) (2022)

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