2022
Flag  
GDP
$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
 GDP
$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP GROWTH
-22.1%CURRENT US$
Rnk 180 / 186
2022
Flag
GDP PC 
$45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH
7.92%CURRENT US$
Rnk 122 / 186
2022
Flag
GDP PC
$8,918CURRENT US$
Rnk 82 / 186
2012-2022
Flag
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).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Kingdom exported $3.17B to Brazil. The main products exported from United Kingdom to Brazil were Gas Turbines ($406M), Hard Liquor ($202M), and Packaged Medicaments ($172M). During the last 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 2017, Brazil exported $3.78B to United Kingdom. The main products exported from Brazil to United Kingdom were Gold ($815M), Soybeans ($364M), and Other Prepared Meat ($234M). During the last 5 years the exports of Brazil to United Kingdom have increased at an annualized rate of 5.07%, from $2.95B in 2022 to $3.78B in 2017.

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

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

Market Competitiveness

Color
United Kingdom
Top Destination
United States$61.8B
Brazil
Top Destination
China$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)

Comparative Advantage United Kingdom - Brazil

Flow
Scale

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

During 2022, United Kingdom had a large net trade with Brazil in the exports of Machines ($1.1B), Chemical Products ($789M), and Transportation ($284M).

During 2017, Brazil had a large net trade with United Kingdom in the exports of Precious Metals ($828M), Vegetable Products ($768M), and Foodstuffs ($581M).

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) (2022)

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