Italy-Brazil Trade: In 2022, Italy exported $5.4B to Brazil. The main products that Italy exported to Brazil were Motor vehicles; parts and accessories (8701 to 8705) ($437M), Transmissions ($160M), and Combustion Engines ($141M). Over the past 5 years the exports of Italy to Brazil have increased at an annualized rate of 4.71%, from $4.29B in 2017 to $5.4B in 2022.
In 2020, Italy exported services to Brazil worth $671M, with Travel ($253M), Other business services ($150M), and Royalties and license fees ($105M) being the largest in terms of value.
Brazil-Italy Trade: In 2022, Brazil exported $4.93B to Italy. The main products that Brazil exported to Italy were Sulfate Chemical Woodpulp ($847M), Coffee ($818M), and Iron Ore ($340M). Over the past 5 years the exports of Brazil to Italy have increased at an annualized rate of 1.48%, from $3.73B in 2017 to $4.93B in 2022.
In 2022, Brazil did not export any services to Italy.
Comparison: In 2022, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B). That same year, Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B).