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Pricing

2022
Flag → Flag
Exports $4.93BRnk 15 / 223
2022
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Top Product $847MSulfate Chemical Woodpulp
2022
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Exports $5.4BRnk 28 / 221
2022
Flag → Flag
Top Product $437MMotor vehicles; parts and accessories (8701 to 8705)
2022
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Economic Complexity (ECI) ECI 0.29Rnk 49 / 124
2022
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Economic Complexity (ECI) ECI 1.24Rnk 18 / 124
2022
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GDP$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
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GDP GROWTH-22.1%CURRENT US$
Rnk 180 / 186
2022
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 GDP$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
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GDP GROWTH-3.67%CURRENT US$
Rnk 169 / 186
2022
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GDP PC $8,918CURRENT US$
Rnk 82 / 186
2012-2022
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GDP PC GROWTH-27.7%CURRENT US$
Rnk 177 / 186
2022
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GDP PC$34,158CURRENT US$
Rnk 30 / 186
2012-2022
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GDP PC GROWTH-2.55%CURRENT US$
Rnk 148 / 186

About

Brazil-Italy In 2022, Brazil exported $4.93B to Italy. The main products that Brazil exported to Italy are 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.

Italy-Brazil 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). 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.

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

Latest Trends

February, 2024

About

Overview In February 2024, Brazil exported $335M and imported $515M from Italy, resulting in a negative trade balance of $179M. Between February 2023 and February 2024 the exports of Brazil have increased by $68.6M (25.7%) from $267M to $335M, while imports increased by $101M (24.4%) from $414M to $515M.

Trade In February 2024, the top exports of Brazil to Italy were Sulfate Chemical Woodpulp ($86.2M), Coffee ($37.3M), Soybean Meal ($35.1M), Corn ($30.2M), and Iron Ore ($22.5M). In February 2024 the top imports of Brazil from Italy were Packaged Medicaments ($53.4M), Motor vehicles; parts and accessories (8701... ($35M), Transmissions ($16.3M), Machinery Having Individual Functions ($13.6M), and Vaccines, blood, antisera, toxins and cultures ($11.1M).

Origins In February 2024 the exports of Brazil were mainly from São Paulo ($51.6M), Minas Gerais ($47.9M), Mato Grosso do Sul ($26.1M), Rio de Janeiro ($25.7M), and Paraná ($22.4M), while imports destinations were mainly São Paulo ($205M), Santa Catarina ($66.4M), Minas Gerais ($66.1M), Rio de Janeiro ($40.7M), and Rio Grande do Sul ($26.1M).

Growth In February 2024, the increase in Brazil's year-by-year exports to Italy was explained primarily by an increase in product exports in Soybean Meal ($30.3M or 634%), Sulfate Chemical Woodpulp ($15.4M or 21.7%), and Quartz ($9.3M or 7.6k%). In February 2024, the increase in Brazil's year-by-year imports  from Italy was explained primarily by an increase in product imports  in Packaged Medicaments ($34.1M or 176%), Machinery Having Individual Functions ($9.46M or 226%), and Apples and Pears ($8.7M or 1.76k%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (February 2023 - February 2024)$68.6M(25.7%)
IMPORT GROWTH (February 2023 - February 2024)$101M(24.4%)
MAIN EXPORTER (February 2024)São Paulo$51.6M

This section shows exports and imports data at subnational level for Brazil. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Brazil over time.

To check Italy and Brazil trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

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.

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.

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

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

Market Competitiveness

Color
Brazil
Top DestinationChina$90.1B
Italy
Top DestinationGermany$78.5B

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

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

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

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

Comparative Advantage Brazil - Italy

Flow
Scale

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

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).

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

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 Brazil has comparative advantage over Italy. Similarly, the more yellow a dot/product is, the more Italy has comparative advantage over Brazil.

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

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