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Pricing

2023
Flag → Flag
Exports $3.35BRnk 26 / 221
2023
Flag → Flag
Top Product $842MPoultry Meat
2023
Flag → Flag
Exports $3.7BRnk 20 / 182
2023
Flag → Flag
Top Product $2.01BCrude Petroleum
2023
Flag
Economic Complexity (ECI) ECI 0.31Rnk 49 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.76Rnk 36 / 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$1.07TCURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP GROWTH41.6%CURRENT US$
Rnk 90 / 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$32,094CURRENT US$
Rnk 44 / 196
2013-2023
Flag
GDP PC GROWTH17.6%CURRENT US$
Rnk 109 / 195

About

Brazil-Saudi Arabia Trade: In 2023, Brazil exported $3.35B to Saudi Arabia. The main products that Brazil exported to Saudi Arabia were Poultry Meat ($842M), Raw Sugar ($822M), and Corn ($367M). Over the past 5 years the exports of Brazil to Saudi Arabia have increased at an annualized rate of 8.17%, from $2.26B in 2018 to $3.35B in 2023.

In 2023, Brazil did not export any services to Saudi Arabia.

Saudi Arabia-Brazil Trade: In 2023, Saudi Arabia exported $3.7B to Brazil. The main products that Saudi Arabia exported to Brazil were Crude Petroleum ($2.01B), Refined Petroleum ($603M), and Mixed Mineral or Chemical Fertilizers ($524M). Over the past 5 years the exports of Saudi Arabia to Brazil have increased at an annualized rate of 7.24%,  from $2.61B in 2018 to $3.7B in 2023.

In 2023, Saudi Arabia 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, Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B).

Latest Trends

December, 2024

About

Overview In December 2024, Brazil exported $394M and imported $118M from Saudi Arabia, resulting in a positive trade balance of $276M. Between December 2023 and December 2024 the exports of Brazil have increased by $135M (51.9%) from $259M to $394M, while imports decreased by $-127M (-51.7%) from $245M to $118M.

Trade In December 2024, the top exports of Brazil to Saudi Arabia were Raw Sugar ($105M), Poultry Meat ($70M), Corn ($36.8M), Soybean Meal ($25.9M), and Refined Petroleum ($8.75M). In December 2024 the top imports of Brazil from Saudi Arabia were Crude Petroleum ($164M), Refined Petroleum ($56.9M), Propylene Polymers ($27.9M), Nitrogenous Fertilizers ($13.4M), and Ethylene Polymers ($7.58M).

Origins In December 2024 the exports of Brazil were mainly from São Paulo ($136M), Paraná ($57.7M), Mato Grosso ($39.3M), Santa Catarina ($35.6M), and Minas Gerais ($24.2M), while imports destinations were mainly Rio de Janeiro ($73.1M), Pernambuco ($14.6M), Santa Catarina ($12.1M), São Paulo ($4.96M), and Minas Gerais ($4.86M).

Growth In December 2024, the increase in Brazil's year-by-year exports to Saudi Arabia was explained primarily by an increase in product exports in Raw Sugar ($82.7M or 364%), Iron Pipes ($6.93M or 770k%), and Plastic Pipes ($1.94M or 134k%). In December 2024, the decrease in Brazil's year-by-year imports  from Saudi Arabia was explained primarily by an decrease in product imports  in Raw Aluminium ($-8.46M or -95.3%), Nitrogenous Fertilizers ($-4.6M or -25.5%), and Oxygen Amino Compounds ($-861k or -61.9%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)$135M(51.9%)
IMPORT GROWTH (December 2023 - December 2024)$-127M(-51.7%)
MAIN EXPORTER (December 2024)São Paulo$136M

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 Saudi Arabia and Brazil trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Saudi Arabia and Brazil Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Brazil exported $3.35B to Saudi Arabia. The main products exported from Brazil to Saudi Arabia were Poultry Meat ($842M), Raw Sugar ($822M), and Corn ($367M). During the last 5 years the exports of Brazil to Saudi Arabia have increased at an annualized rate of 8.17%, from $2.26B in 2018 to $3.35B in 2023.

In 2018, Saudi Arabia exported $3.7B to Brazil. The main products exported from Saudi Arabia to Brazil were Crude Petroleum ($2.01B), Refined Petroleum ($603M), and Mixed Mineral or Chemical Fertilizers ($524M). During the last 5 years the exports of Saudi Arabia to Brazil have increased at an annualized rate of 7.24%, from $2.61B in 2023 to $3.7B in 2018.

Exports from Brazil (Flag) to Saudi Arabia (Flag) (2023)

Exports from Saudi Arabia (Flag) to Brazil (Flag) (2023)

Market Competitiveness

Color
Brazil
Top DestinationChina$106B
Saudi Arabia
Top DestinationChina$64.4B

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

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

In 2023, countries that imported more from Saudi Arabia than Brazil included India ($34.8B), Japan ($34.7B), and United Arab Emirates ($11.5B).

Difference in imports from Saudi Arabia (Flag) and Brazil (Flag) (2023)

Comparative Advantage Brazil - Saudi Arabia

Flow
Scale

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

During 2023, Brazil had a large net trade with Saudi Arabia in the exports of Foodstuffs ($1.09B), Animal Products ($1.06B), and Vegetable Products ($717M).

During 2018, Saudi Arabia had a large net trade with Brazil in the exports of Mineral Products ($2.68B), Chemical Products ($759M), and Plastics and Rubbers ($218M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Brazil Saudi Arabia+$62.1MRefined Petroleum
Top Product Potential Saudi Arabia Brazil+$555MRefined 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 Saudi Arabia. This means that a dot/product with the flag of Brazil indicates it has a comparative advantage over Saudi Arabia. Similarly, a dot/product with the flag of Saudi Arabia indicates it has a comparative advantage over Brazil.

Product Space of Brazil (Flag) and Saudi Arabia (Flag) (2023)

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