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Brazil – Trade Statistics

  • Brazil is the 23rd largest export economy in the world and the 32nd most complex economy according to the Economic Complexity Index (ECI). In 2014, Brazil exported $228B and imported $228B, resulting in a positive trade balance of $124M. In 2014 the GDP of Brazil was $2.42T and its GDP per capita was $15.9k.
  • The top exports of Brazil are Iron Ore ($26.9B), Soybeans ($23.6B), Crude Petroleum ($16.4B), Raw Sugar ($9.8B) and Poultry Meat ($7.21B), using the 1992 revision of the HS (Harmonized System) classification.
  • Its top imports are Refined Petroleum ($17.2B), Crude Petroleum ($14B), Petroleum Gas ($8.24B), Cars ($7.7B) and Vehicle Parts ($7.17B).
  • The top export destinations of Brazil are China ($40.9B), the United States ($27.3B), Argentina ($14.3B), the Netherlands ($10.8B) and Germany ($8.19B).
  • The top import origins are China ($37.2B), the United States ($35.1B), Argentina ($14B), Germany ($13.8B) and Nigeria ($8.77B).
  • Brazil holds a place of 116th out of 189 popular countries(economically) in case of doing a business in country.’Getting Credit’ is one of the topics in which Brazil has decreased it’s ranking from 90 to 97. But the country has increased it’s ranking from 148 to 145 in case of ‘Trading Across Borders’.