2022
Flag  
GDP
$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP GROWTH
-22.1%CURRENT US$
Rnk 180 / 186
2022
Flag
 GDP
$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH
56.7%CURRENT US$
Rnk 45 / 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
$76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH
47.5%CURRENT US$
Rnk 39 / 186

About

Brazil-United States Trade: In 2022, Brazil exported $36.6B to United States. The main products that Brazil exported to United States were Crude Petroleum ($5.1B), Planes, Helicopters, and/or Spacecraft ($1.93B), and Coffee ($1.83B). Over the past 5 years the exports of Brazil to United States have increased at an annualized rate of 5.93%, from $27.5B in 2017 to $36.6B in 2022.

In 2022, Brazil did not export any services to United States.

United States-Brazil Trade: In 2022, United States exported $49.4B to Brazil. The main products that United States exported to Brazil were Refined Petroleum ($12B), Petroleum Gas ($2.65B), and Crude Petroleum ($2.28B). Over the past 5 years the exports of United States to Brazil have increased at an annualized rate of 2.96%,  from $30.1B in 2017 to $49.4B in 2022.

In 2017, United States exported services to Brazil worth $23B, with Travel ($8.37B), Financial services ($3.96B), and Other business services ($2.99B) being the largest in terms of value.

Comparison: In 2022,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B). That same year, United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Brazil exported $36.6B to United States. The main products exported from Brazil to United States were Crude Petroleum ($5.1B), Planes, Helicopters, and/or Spacecraft ($1.93B), and Coffee ($1.83B). During the last 5 years the exports of Brazil to United States have increased at an annualized rate of 5.93%, from $27.5B in 2017 to $36.6B in 2022.

In 2017, United States exported $49.4B to Brazil. The main products exported from United States to Brazil were Refined Petroleum ($12B), Petroleum Gas ($2.65B), and Crude Petroleum ($2.28B). During the last 5 years the exports of United States to Brazil have increased at an annualized rate of 2.96%, from $30.1B in 2022 to $49.4B in 2017.

Exports from Brazil (Flag) to United States (Flag) (2022)

Exports from United States (Flag) to Brazil (Flag) (2022)

Market Competitiveness

Color
Brazil
Top Destination
China$90.1B
United States
Top Destination
Canada$308B

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

In 2022, countries that imported more from Brazil than United States included Argentina ($15.4B), Iran ($4.3B), and Paraguay ($3.53B).

In 2022, countries that imported more from United States than Brazil included Canada ($308B), Mexico ($294B), and Japan ($79.5B).

Difference in imports from United States (Flag) and Brazil (Flag) (2022)

Comparative Advantage Brazil - United States

Flow
Scale

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

During 2022, Brazil had a large net trade with United States in the exports of Mineral Products ($6.97B), Metals ($6.15B), and Machines ($4.15B).

During 2017, United States had a large net trade with Brazil in the exports of Mineral Products ($20B), Chemical Products ($9.84B), and Machines ($9.09B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Brazil United States+$2.62BCrude Petroleum
Top Product Potential United States Brazil+$434MCrude 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 United States. This means that a dot/product with the flag of Brazil indicates it has a comparative advantage over United States. Similarly, a dot/product with the flag of United States indicates it has a comparative advantage over Brazil.

Product Space of Brazil (Flag) and United States (Flag) (2022)

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