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2023
Flag → Flag
Exports $6.83BRnk 10 / 221
2023
Flag → Flag
Top Product $4.01BRefined Petroleum
2023
Flag → Flag
Exports $1.07BRnk 30 / 217
2023
Flag → Flag
Top Product $137MPesticides
2023
Flag
Economic Complexity (ECI) ECI 0.31Rnk 49 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.62Rnk 6 / 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$501BCURRENT US$
Rnk 30 / 195
2013-2023
Flag
GDP GROWTH63%CURRENT US$
Rnk 47 / 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$84,734CURRENT US$
Rnk 8 / 196
2013-2023
Flag
GDP PC GROWTH48.7%CURRENT US$
Rnk 50 / 195

About

Brazil-Singapore Trade: In 2023, Brazil exported $6.83B to Singapore. The main products that Brazil exported to Singapore were Refined Petroleum ($4.01B), Crude Petroleum ($1.29B), and Special Purpose Ships ($386M). Over the past 5 years the exports of Brazil to Singapore have increased at an annualized rate of 26.8%, from $2.08B in 2018 to $6.83B in 2023.

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

Singapore-Brazil Trade: In 2023, Singapore exported $1.07B to Brazil. The main products that Singapore exported to Brazil were Pesticides ($137M), Integrated Circuits ($111M), and Cyclic Hydrocarbons ($84.3M). Over the past 5 years the exports of Singapore to Brazil have increased at an annualized rate of 6.54%,  from $777M in 2018 to $1.07B in 2023.

In 2023, Singapore 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, Singapore ranked 6 in the Economic Complexity Index (ECI 1.62), and 24 in total exports ($333B).

Latest Trends

December, 2024

About

Overview In December 2024, Brazil exported $587M and imported $63.9M from Singapore, resulting in a positive trade balance of $523M. Between December 2023 and December 2024 the exports of Brazil have increased by $149M (34.2%) from $437M to $587M, while imports increased by $13.6M (27%) from $50.3M to $63.9M.

Trade In December 2024, the top exports of Brazil to Singapore were Refined Petroleum ($607M), Crude Petroleum ($279M), Centrifuges ($59M), Air Pumps ($45.6M), and Poultry Meat ($21.5M). In December 2024 the top imports of Brazil from Singapore were Integrated Circuits ($18.5M), Pesticides ($5.53M), Packaged Medicaments ($4.58M), Valves ($4.1M), and Centrifuges ($3.29M).

Origins In December 2024 the exports of Brazil were mainly from Rio de Janeiro ($130M), São Paulo ($102M), Espírito Santo ($50M), Minas Gerais ($31.1M), and Rio Grande do Sul ($22.5M), while imports destinations were mainly São Paulo ($23.2M), Amazonas ($19.2M), Santa Catarina ($6.95M), Rio de Janeiro ($5.62M), and Paraná ($3.48M).

Growth In December 2024, the increase in Brazil's year-by-year exports to Singapore was explained primarily by an increase in product exports in Crude Petroleum ($209M or 298%), Centrifuges ($59M or 114k%), and Air Pumps ($45.6M or 139k%). In December 2024, the increase in Brazil's year-by-year imports  from Singapore was explained primarily by an increase in product imports  in Integrated Circuits ($5.77M or 45.4%), Packaged Medicaments ($4.23M or 1.21k%), and Pesticides ($3.78M or 215%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)$149M(34.2%)
IMPORT GROWTH (December 2023 - December 2024)$13.6M(27%)
MAIN EXPORTER (December 2024)Rio de Janeiro$130M

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 Singapore and Brazil trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Singapore and Brazil Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Brazil exported $6.83B to Singapore. The main products exported from Brazil to Singapore were Refined Petroleum ($4.01B), Crude Petroleum ($1.29B), and Special Purpose Ships ($386M). During the last 5 years the exports of Brazil to Singapore have increased at an annualized rate of 26.8%, from $2.08B in 2018 to $6.83B in 2023.

In 2018, Singapore exported $1.07B to Brazil. The main products exported from Singapore to Brazil were Pesticides ($137M), Integrated Circuits ($111M), and Cyclic Hydrocarbons ($84.3M). During the last 5 years the exports of Singapore to Brazil have increased at an annualized rate of 6.54%, from $777M in 2023 to $1.07B in 2018.

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

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

Market Competitiveness

Color
Brazil
Top DestinationChina$106B
Singapore
Top DestinationHong Kong$44.5B

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

In 2023, countries that imported more from Brazil than Singapore included China ($106B), Argentina ($17.2B), and Chile ($8.68B).

In 2023, countries that imported more from Singapore than Brazil included Hong Kong ($44.5B), Malaysia ($31.4B), and South Korea ($20.1B).

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

Comparative Advantage Brazil - Singapore

Flow
Scale

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

During 2023, Brazil had a large net trade with Singapore in the exports of Mineral Products ($5.35B), Animal Products ($525M), and Transportation ($393M).

During 2018, Singapore had a large net trade with Brazil in the exports of Chemical Products ($372M), Machines ($348M), and Instruments ($71.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Brazil Singapore+$330MCrude Petroleum
Top Product Potential Singapore Brazil+$125MIntegrated Circuits

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

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

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