2022
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GDP
$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
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GDP GROWTH
-3.67%CURRENT US$
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2022
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 GDP
$1.92TCURRENT US$
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2012-2022
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GDP GROWTH
-22.1%CURRENT US$
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2022
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GDP PC 
$34,158CURRENT US$
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2012-2022
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GDP PC GROWTH
-2.55%CURRENT US$
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2022
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GDP PC
$8,918CURRENT US$
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2012-2022
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GDP PC GROWTH
-27.7%CURRENT US$
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About

Italy-Brazil In 2022, Italy exported $5.4B to Brazil. The main products that Italy exported to Brazil are Motor vehicles; parts and accessories (8701 to 8705) ($437M), Transmissions ($160M), and Combustion Engines ($141M). During the last 27 years the exports of Italy to Brazil have increased at an annualized rate of 1.91%, from $3.24B in 1995 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 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). During the last 27 years the exports of Brazil to Italy have increased at an annualized rate of 3.51%, from $1.94B in 1995 to $4.93B in 2022.

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

Comparison In 2022,  Italy ranked 18 in the Economic Complexity Index (ECI 1.24), and 7 in total exports ($634B). That same year, Brazil ranked 49 in the Economic Complexity Index (ECI 0.29), and 25 in total exports ($341B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Italy exported $5.4B to Brazil. The main products exported from Italy to Brazil were Motor vehicles; parts and accessories (8701 to 8705) ($437M), Transmissions ($160M), and Combustion Engines ($141M). During the last 27 years the exports of Italy to Brazil have increased at an annualized rate of 1.91%, from $3.24B in 1995 to $5.4B in 2022.

In 2022, Brazil exported $4.93B to Italy. The main products exported from Brazil to Italy were Sulfate Chemical Woodpulp ($847M), Coffee ($818M), and Iron Ore ($340M). During the last 27 years the exports of Brazil to Italy have increased at an annualized rate of 3.51%, from $1.94B in 1995 to $4.93B in 2022.

Exports from Italy (Flag) to Brazil (Flag) (2022)

Exports from Brazil (Flag) to Italy (Flag) (2022)

Market Competitiveness

Color
Italy
Top Destination
Germany$78.5B
Brazil
Top Destination
China$90.1B

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

In 2021, countries that imported more from Italy than Brazil were Germany ($78.5B), France ($63.8B), and United States ($68.2B).

In 2021, countries that imported more from Brazil than Italy were China ($90.1B), Argentina ($15.4B), and Chile ($9.17B).

Difference in imports from Brazil (Flag) and Italy (Flag) (2022)

Comparative Advantage Italy - Brazil

Flow
Scale

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

During 2022, Italy had a large net trade with Brazil in the exports of Machines ($2.12B), Chemical Products ($813M), and Transportation ($668M).

During 2022, Brazil had a large net trade with Italy in the exports of Vegetable Products ($1.41B), Paper Goods ($907M), and Mineral Products ($748M).

Service Trade

Bilateral Service Trade

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.

Service trade data is presented based on availability.

Services Exports from Italy (Flag) to Brazil (Flag) (2020)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Italy has comparative advantage over Brazil. Similarly, the more yellow a dot/product is, the more Brazil has comparative advantage over Italy.

Product Space of Italy (Flag) and Brazil (Flag) (2022)

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