2023
Flag  
GDP
$2.17TCURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP GROWTH
-12.1%CURRENT US$
Rnk 184 / 195
2023
Flag
 GDP
$35.2BCURRENT US$
Rnk 103 / 195
2013-2023
Flag
GDP GROWTH
84.5%CURRENT US$
Rnk 27 / 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
$2,156CURRENT US$
Rnk 154 / 196
2013-2023
Flag
GDP PC GROWTH
58.3%CURRENT US$
Rnk 33 / 195

About

Brazil-Zimbabwe Trade: In 2023, Brazil exported $16.2M to Zimbabwe. The main products that Brazil exported to Zimbabwe were Raw Sugar ($4.34M), Lifting Machinery ($2.25M), and Asbestos ($1.57M). Over the past 5 years the exports of Brazil to Zimbabwe have increased at an annualized rate of 10.1%, from $10M in 2018 to $16.2M in 2023.

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

Zimbabwe-Brazil Trade: In 2023, Zimbabwe exported $482k to Brazil. The main products that Zimbabwe exported to Brazil were Raw Tobacco ($236k), Ferroalloys ($147k), and Precious Stones ($33.3k). Over the past 5 years the exports of Zimbabwe to Brazil have decreased at an annualized rate of 16.2%,  from $1.16M in 2018 to $482k in 2023.

In 2023, Zimbabwe 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, Zimbabwe ranked 110 in the Economic Complexity Index (ECI -0.98), and 106 in total exports ($9.05B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Brazil exported $16.2M to Zimbabwe. The main products exported from Brazil to Zimbabwe were Raw Sugar ($4.34M), Lifting Machinery ($2.25M), and Asbestos ($1.57M). During the last 5 years the exports of Brazil to Zimbabwe have increased at an annualized rate of 10.1%, from $10M in 2018 to $16.2M in 2023.

In 2018, Zimbabwe exported $482k to Brazil. The main products exported from Zimbabwe to Brazil were Raw Tobacco ($236k), Ferroalloys ($147k), and Precious Stones ($33.3k). During the last 5 years the exports of Zimbabwe to Brazil have decreased at an annualized rate of 16.2%, from $1.16M in 2023 to $482k in 2018.

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

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

Market Competitiveness

Color
Brazil
Top Destination
China$106B
Zimbabwe
Top Destination
United Arab Emirates$4.1B

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

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

In 2023, countries that imported more from Zimbabwe than Brazil included United Arab Emirates ($4.1B), Mozambique ($391M), and Zambia ($140M).

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

Comparative Advantage Brazil - Zimbabwe

Flow
Scale

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

During 2023, Brazil had a large net trade with Zimbabwe in the exports of Machines ($5.6M), Foodstuffs ($4.34M), and Mineral Products ($1.57M).

During 2018, Zimbabwe had a large net trade with Brazil in the exports of Foodstuffs ($236k), Metals ($147k), and Precious Metals ($33.3k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Brazil Zimbabwe+$1.06MTractors
Top Product Potential Zimbabwe Brazil+N/AN/A

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

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

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