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Brazil Trade Summary

2020

Brazil exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR BRAZIL 2020

Overall Exports and Imports for Brazil 2020

Exports and imports of Brazil in 2020 are below, along with number of countries and products

  • The total value of exports (FoB) was 209,180 million.
  • The total value of imports (CIF) was 166,336 million.
  • At the HS6 digit level, 4,173 products were exported to 229 countries and 4,250 products were imported from 224 countries.

Brazil top 5 Export and Import partners 2020

Top five countries to which Brazil exported in 2020 are below, along with the percent of total exports that went to that country:

  1. Brazil exports to China worth US$ 67,788 million, with a partner share of 32.41 percent.
  2. Brazil exports to United States worth US$ 21,619 million, with a partner share of 10.34 percent.
  3. Brazil exports to Argentina worth US$ 8,489 million, with a partner share of 4.06 percent.
  4. Brazil exports to Netherlands worth US$ 6,705 million, with a partner share of 3.21 percent.
  5. Brazil exports to Canada worth US$ 4,230 million, with a partner share of 2.02 percent.

Top five countries from which Brazil imported goods in 2020 are below, along with percent of total imports that came from the country :

  1. Brazil imports from China worth US$ 36,738 million, with a partner share of 22.09 percent.
  2. Brazil imports from United States worth US$ 29,722 million, with a partner share of 17.87 percent.
  3. Brazil imports from Germany worth US$ 9,683 million, with a partner share of 5.82 percent.
  4. Brazil imports from Argentina worth US$ 8,218 million, with a partner share of 4.94 percent.
  5. Brazil imports from Korea, Rep. worth US$ 4,656 million, with a partner share of 2.80 percent.

Brazil Top 5 Productsexports imports at HS 6 digit level 2020

The top five exported HS 6 digit level products to world by Brazil along with trade value are:

  1. Brazil exported Soya beans , worth 28,564,147.24 (US$ Thousands).
  2. Brazil exported Non-agglomerated iron ores and concentrates , worth 24,259,114.60 (US$ Thousands).
  3. Brazil exported Petroleum oils and oils obtained from bituminou , worth 19,613,857.93 (US$ Thousands).
  4. Brazil exported Raw cane sugar, in solid form , worth 7,380,732.17 (US$ Thousands).
  5. Brazil exported Frozen boneless bovine meat , worth 6,662,761.10 (US$ Thousands).

The top five imported HS 6 digit level products from world by Brazil along with trade value are

  1. Brazil imported Petroleum oils, etc, (excl. crude); preparation , worth 7,951,265.79 (US$ Thousands).
  2. Brazil imported Monolithic integrated circuits, digital , worth 4,091,092.78 (US$ Thousands).
  3. Brazil imported Potassium chloride , worth 2,781,350.65 (US$ Thousands).
  4. Brazil imported Petroleum oils and oils obtained from bituminou , worth 2,761,144.32 (US$ Thousands).
  5. Brazil imported Parts of electrical apparatus for line telephon , worth 2,668,339.78 (US$ Thousands).

Exports and Imports of Product Groups 2020

Exports and imports of products by stages of processing in 2020 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2020

Tariffs imposed by Brazil in 2020 are below

  • The maximum rate of tariff in percentage on any product was 55 percent.
  • The simple average tariff across all products was 13.55 percent.
  • The trade weighted average tariff was 8.41 .
  • The total duty free imports in thousands of US dollars were 42,299,138.83 and duty free tariff line items share was 15.97 percent.

Development Indicators 2020

Key Development Indicators of Brazil in 2020 are below

  • Brazil GDP in current US dollar was 1,476,107 million.
  • GNI per capita, Atlas method (current US$) was 7,910.00 .
  • Brazil Trade balance: as % of GDP was 0.61.
  • Trade balance in current US$ was 8,931.00 million.
  • Trade as percentage of GDP was 32.30 .
  • Trade in services as percentage of GDP was 5.40 .

Trade Indicators 2020

Trade Indicators for Brazil in 2020 are below

  • Hirschman Herfindahl market concentration index was 0.14.
  • Index of export market penetration was 13.85.
  • World Growth in percentage was -3.77 and Brazil Country Growth was -1.95 .