2023
Flag  
GDP
$4.2TCURRENT US$
Rnk 4 / 195
2013-2023
Flag
GDP GROWTH
-19.3%CURRENT US$
Rnk 190 / 195
2023
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 GDP
$2.17TCURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP GROWTH
-12.1%CURRENT US$
Rnk 184 / 195
2023
Flag
GDP PC 
$33,767CURRENT US$
Rnk 38 / 195
2013-2023
Flag
GDP PC GROWTH
-17.4%CURRENT US$
Rnk 176 / 195
2023
Flag
GDP PC
$10,295CURRENT US$
Rnk 89 / 196
2013-2023
Flag
GDP PC GROWTH
-17.4%CURRENT US$
Rnk 175 / 195

About

Japan-Brazil Trade: In 2023, Japan exported $5.34B to Brazil. The main products that Japan exported to Brazil were Motor vehicles; parts and accessories (8701 to 8705) ($973M), Papermaking Machines ($147M), and Nitrogen Heterocyclic Compounds ($124M). Over the past 5 years the exports of Japan to Brazil have increased at an annualized rate of 1.75%, from $4.89B in 2018 to $5.34B in 2023.

In 2009, Japan exported services to Brazil worth $1.92B, with Services not allocated ($960M), Royalties and license fees ($354M), and Other business services ($325M) being the largest in terms of value.

Brazil-Japan Trade: In 2023, Brazil exported $8.34B to Japan. The main products that Brazil exported to Japan were Iron Ore ($2.2B), Corn ($1.76B), and Poultry Meat ($885M). Over the past 5 years the exports of Brazil to Japan have increased at an annualized rate of 5.66%,  from $6.33B in 2018 to $8.34B in 2023.

In 2023, Brazil did not export any services to Japan.

Comparison: In 2023,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($766B). That same year, Brazil ranked 49 in the Economic Complexity Index (ECI 0.31), and 22 in total exports ($355B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Japan exported $5.34B to Brazil. The main products exported from Japan to Brazil were Motor vehicles; parts and accessories (8701 to 8705) ($973M), Papermaking Machines ($147M), and Nitrogen Heterocyclic Compounds ($124M). During the last 5 years the exports of Japan to Brazil have increased at an annualized rate of 1.75%, from $4.89B in 2018 to $5.34B in 2023.

In 2018, Brazil exported $8.34B to Japan. The main products exported from Brazil to Japan were Iron Ore ($2.2B), Corn ($1.76B), and Poultry Meat ($885M). During the last 5 years the exports of Brazil to Japan have increased at an annualized rate of 5.66%, from $6.33B in 2023 to $8.34B in 2018.

Exports from Japan (Flag) to Brazil (Flag) (2023)

Exports from Brazil (Flag) to Japan (Flag) (2023)

Market Competitiveness

Color
Japan
Top Destination
United States$143B
Brazil
Top Destination
China$106B

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

In 2023, countries that imported more from Japan than Brazil included United States ($143B), Chinese Taipei ($43B), and South Korea ($42.7B).

In 2023, countries that imported more from Brazil than Japan included Argentina ($17.2B), Chile ($8.68B), and Paraguay ($3.9B).

Difference in imports from Brazil (Flag) and Japan (Flag) (2023)

Comparative Advantage Japan - Brazil

Flow
Scale

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

During 2023, Japan had a large net trade with Brazil in the exports of Machines ($2.01B), Transportation ($1.21B), and Chemical Products ($651M).

During 2018, Brazil had a large net trade with Japan in the exports of Vegetable Products ($2.61B), Mineral Products ($2.23B), and Animal Products ($1.1B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Japan Brazil+$158MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential Brazil Japan+$254MIron Ore

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

Product Space of Japan (Flag) and Brazil (Flag) (2023)

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