Singapore (SGP) and Brazil (BRA) Trade | The Observatory of Economic Complexity

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Singapore-Brazil Trade: In 2023, Singapore exported $1.07B to Brazil. The main products that Singapore exported to Brazil were Pesticides ($137M), Integrated Circuits ($111M), and Cyclic Hydrocarbons ($84.3M). Over the past 5 years the exports of Singapore to Brazil have increased at an annualized rate of 6.54%, from $777M in 2018 to $1.07B in 2023.

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

Brazil-Singapore Trade: In 2023, Brazil exported $6.83B to Singapore. The main products that Brazil exported to Singapore were Refined Petroleum ($4.01B), Crude Petroleum ($1.29B), and Special Purpose Ships ($386M). Over the past 5 years the exports of Brazil to Singapore have increased at an annualized rate of 14.1%, from $2.08B in 2018 to $6.83B in 2023.

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

Comparison: In 2023, Singapore ranked 6 in the Economic Complexity Index (ECI 1.62), and 24 in total exports ($333B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Singapore exported $1.07B to Brazil. The main products exported from Singapore to Brazil were Pesticides ($137M), Integrated Circuits ($111M), and Cyclic Hydrocarbons ($84.3M). During the last 5 years the exports of Singapore to Brazil have increased at an annualized rate of 6.54%, from $777M in 2018 to $1.07B in 2023.

In 2018, Brazil exported $6.83B to Singapore. The main products exported from Brazil to Singapore were Refined Petroleum ($4.01B), Crude Petroleum ($1.29B), and Special Purpose Ships ($386M). During the last 5 years the exports of Brazil to Singapore have increased at an annualized rate of 14.1%, from $2.08B in 2023 to $6.83B in 2018.

Exports from Singapore () to Brazil () (2023)

Exports from Brazil () to Singapore () (2023)

Latest Data

Trade between Singapore () and Brazil ()

Singapore Exports

Date

Brazil Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Singapore
Top DestinationHong Kong$44.5B

Brazil
Top DestinationChina$106B

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

In 2023, countries that imported more from Singapore than Brazil included Hong Kong ($44.5B), Malaysia ($31.4B), and South Korea ($20.1B).

In 2023, countries that imported more from Brazil than Singapore included China ($106B), Argentina ($17.2B), and Chile ($8.68B).

Difference in imports from Brazil () and Singapore () (2023)

Comparative Advantage Singapore - Brazil

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Singapore had a large net trade with Brazil in the exports of Chemical Products ($372M), Machines ($348M), and Instruments ($71.3M).

During 2018, Brazil had a large net trade with Singapore in the exports of Mineral Products ($5.35B), Animal Products ($525M), and Transportation ($393M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Singapore Brazil+$125MIntegrated Circuits

Top Product Potential Brazil Singapore+$330MCrude 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.

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Singapore () to Brazil () (2023)

Exports from Brazil () to Singapore () (2023)

Latest Data

Trade between Singapore () and Brazil ()

Singapore Exports

Brazil Exports

Market Competitiveness

Difference in imports from Brazil () and Singapore () (2023)

Comparative Advantage Singapore - Brazil

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Singapore () and Brazil () (2023)

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