Greece (GRC) and Brazil (BRA) Trade | The Observatory of Economic Complexity

About

Greece-Brazil Trade: In 2022, Greece exported $68.2M to Brazil. The main products that Greece exported to Brazil were Packaged Medicaments ($9.1M), Refined Petroleum ($6.83M), and Razor Blades ($5.72M). Over the past 5 years the exports of Greece to Brazil have increased at an annualized rate of 14%, from $35.5M in 2017 to $68.2M in 2022.

In 2020, Greece exported services to Brazil worth $941M, with Transportation ($936M), Travel ($3.88M), and Other business services ($685k) being the largest in terms of value.

Brazil-Greece Trade: In 2022, Brazil exported $353M to Greece. The main products that Brazil exported to Greece were Soybeans ($107M), Coffee ($100M), and Refined Petroleum ($40.8M). Over the past 5 years the exports of Brazil to Greece have increased at an annualized rate of 25.4%, from $114M in 2017 to $353M in 2022.

In 2022, Brazil did not export any services to Greece.

Comparison: In 2022, Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Greece exported $68.2M to Brazil. The main products exported from Greece to Brazil were Packaged Medicaments ($9.1M), Refined Petroleum ($6.83M), and Razor Blades ($5.72M). During the last 5 years the exports of Greece to Brazil have increased at an annualized rate of 14%, from $35.5M in 2017 to $68.2M in 2022.

In 2017, Brazil exported $353M to Greece. The main products exported from Brazil to Greece were Soybeans ($107M), Coffee ($100M), and Refined Petroleum ($40.8M). During the last 5 years the exports of Brazil to Greece have increased at an annualized rate of 25.4%, from $114M in 2022 to $353M in 2017.

Exports from Greece () to Brazil () (2022)

Exports from Brazil () to Greece () (2022)

Latest Data

Trade between Greece () and Brazil ()

Greece Exports

Date

Brazil Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Greece
Top DestinationItaly$5.82B

Brazil
Top DestinationChina$90.1B

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

In 2022, countries that imported more from Greece than Brazil included Bulgaria ($3.62B), Cyprus ($2.92B), and North Macedonia ($1.7B).

In 2022, countries that imported more from Brazil than Greece included China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

Difference in imports from Brazil () and Greece () (2022)

Comparative Advantage Greece - Brazil

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Greece had a large net trade with Brazil in the exports of Machines ($13.7M), Metals ($13.6M), and Chemical Products ($11.6M).

During 2017, Brazil had a large net trade with Greece in the exports of Vegetable Products ($209M), Mineral Products ($61.7M), and Foodstuffs ($45.8M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Greece Brazil+$24.9MRefined Petroleum

Top Product Potential Brazil Greece+$42.9MRefined 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Greece and Brazil. This means that a dot/product with the flag of Greece indicates it has a comparative advantage over Brazil. Similarly, a dot/product with the flag of Brazil indicates it has a comparative advantage over Greece.

About

Historical Data

Bilateral Trade by Products

Exports from Greece () to Brazil () (2022)

Exports from Brazil () to Greece () (2022)

Latest Data

Trade between Greece () and Brazil ()

Greece Exports

Brazil Exports

Market Competitiveness

Difference in imports from Brazil () and Greece () (2022)

Comparative Advantage Greece - Brazil

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Greece () and Brazil () (2022)

Keep Exploring