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Pricing

2022
Flag → Flag
Exports $3.17BRnk 27 / 224
2022
Flag → Flag
Top Product $406MGas Turbines
2022
Flag → Flag
Exports $3.78BRnk 21 / 223
2022
Flag → Flag
Top Product $815MGold
2022
Flag
Economic Complexity (ECI) ECI 1.42Rnk 12 / 133
2022
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Economic Complexity (ECI) ECI 0.36Rnk 49 / 133
2022
Flag  
GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
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GDP GROWTH13.5%CURRENT US$
Rnk 139 / 186
2022
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 GDP$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
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GDP GROWTH-22.1%CURRENT US$
Rnk 180 / 186
2022
Flag
GDP PC $45,850CURRENT US$
Rnk 23 / 186
2012-2022
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GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186
2022
Flag
GDP PC$8,918CURRENT US$
Rnk 82 / 186
2012-2022
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GDP PC GROWTH-27.7%CURRENT US$
Rnk 177 / 186

About

United Kingdom-Brazil Trade: In 2022, United Kingdom exported $3.17B to Brazil. The main products that United Kingdom exported to Brazil were Gas Turbines ($406M), Hard Liquor ($202M), and Packaged Medicaments ($172M). Over the past 5 years the exports of United Kingdom to Brazil have increased at an annualized rate of 5.21%, from $2.46B in 2017 to $3.17B in 2022.

In 2019, United Kingdom exported services to Brazil worth $1.78B, with Other business services ($624M), Travel ($417M), and Insurance services ($176M) being the largest in terms of value.

Brazil-United Kingdom Trade: In 2022, Brazil exported $3.78B to United Kingdom. The main products that Brazil exported to United Kingdom were Gold ($815M), Soybeans ($364M), and Other Prepared Meat ($234M). Over the past 5 years the exports of Brazil to United Kingdom have increased at an annualized rate of 5.07%,  from $2.95B in 2017 to $3.78B in 2022.

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

Comparison: In 2022,  United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B). That same year, Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B).

Latest Trends

July, 2024

About

Overview In July 2024, United Kingdom exported £225M and imported £279M from Brazil, resulting in a negative trade balance of £53.6M. Between July 2023 and July 2024 the exports of United Kingdom have decreased by £-23.3M (-9.37%) from £248M to £225M, while imports increased by £17.7M (6.79%) from £261M to £279M.

Trade In July 2024, the top exports of United Kingdom to Brazil were Gas Turbines (£13.4M), Hard Liquor (£12.9M), Packaged Medicaments (£12.5M), Other Floating Structures (£10.9M), and Valves (£9.07M). In July 2024 the top imports of United Kingdom from Brazil were Delivery Trucks (£50.6M), Gold (£44.3M), Soybean Meal (£29.5M), Other Prepared Meat (£19.7M), and Raw Sugar (£17M).

Origins In July 2024 the exports of United Kingdom were mainly from London Gateway (£82.5M), London Heathrow Airport (£68.3M), Grangemouth (£11.7M), London (£11.5M), and Felixstowe (£10.4M), while imports destinations were mainly Southampton (£68.2M), London Heathrow Airport (£67.5M), London Gateway (£61.3M), and Liverpool (£38.8M).

Growth In July 2024, the decrease in United Kingdom's year-by-year exports to Brazil was explained primarily by an decrease in product exports in Aircraft parts including unmanned craft (£-4.68M or -80.1%), Nitrile Compounds (£-4.42M or -81.6%), and Machinery Having Individual Functions (£-2.93M or -39.2%). In July 2024, the increase in United Kingdom's year-by-year imports  from Brazil was explained primarily by an increase in product imports  in Delivery Trucks (£50.1M or 12.1k%), Raw Sugar (£14M or 475%), and Alcohol > 80% ABV (£10.5M or 21.8k%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)£-23.3M(-9.37%)
IMPORT GROWTH (July 2023 - July 2024)£17.7M(6.79%)
MAIN EXPORTER (July 2024)London Gateway£82.5M

This section shows exports and imports data at subnational level for United Kingdom. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United Kingdom over time.

To check Brazil and United Kingdom trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Brazil and United Kingdom Data

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Historical Data

Market Competitiveness

Color
United Kingdom
Top DestinationUnited States$61.8B
Brazil
Top DestinationChina$90.1B

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

In 2022, countries that imported more from United Kingdom than Brazil included Germany ($40.6B), Ireland ($32.6B), and Netherlands ($41.9B).

In 2022, countries that imported more from Brazil than United Kingdom included China ($90.1B), Argentina ($15.4B), and Chile ($9.17B).

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Kingdom Brazil+$137MRefined Petroleum
Top Product Potential Brazil United Kingdom+$151MGold

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

Product Space of United Kingdom (Flag) and Brazil (Flag) (NaN)

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