Spain-Brazil Trade: In 2022, Spain exported $3.8B to Brazil. The main products that Spain exported to Brazil were Refined Petroleum ($475M), Potassic Fertilizers ($163M), and Transmissions ($148M). Over the past 5 years the exports of Spain to Brazil have increased at an annualized rate of 5.15%, from $2.95B in 2017 to $3.8B in 2022.
In 2018, Spain exported services to Brazil worth $0, with being the largest in terms of value.
Brazil-Spain Trade: In 2022, Brazil exported $9.78B to Spain. The main products that Brazil exported to Spain were Crude Petroleum ($3.57B), Soybeans ($1.89B), and Corn ($1.36B). Over the past 5 years the exports of Brazil to Spain have increased at an annualized rate of 13.7%, from $3.97B in 2017 to $9.78B in 2022.
In 2022, Brazil did not export any services to Spain.
Comparison: In 2022, Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B). That same year, Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B).