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Brazil Trade Summary

2021

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 2021

Overall Exports and Imports for Brazil 2021

Exports and imports of Brazil in 2021 are below, along with number of countries and products

  • The total value of exports (FoB) was 280,815 million.
  • The total value of imports (CIF) was 234,690 million.
  • At the HS6 digit level, 4,183 products were exported to 225 countries and 4,244 products were imported from 219 countries.

Brazil top 5 Export and Import partners 2021

Top five countries to which Brazil exported in 2021 are below, along with the percent of total exports that went to that country:

  1. Brazil exports to China worth US$ 87,908 million, with a partner share of 31.30 percent.
  2. Brazil exports to United States worth US$ 31,338 million, with a partner share of 11.16 percent.
  3. Brazil exports to Argentina worth US$ 11,878 million, with a partner share of 4.23 percent.
  4. Brazil exports to Netherlands worth US$ 9,316 million, with a partner share of 3.32 percent.
  5. Brazil exports to Chile worth US$ 7,019 million, with a partner share of 2.50 percent.

Top five countries from which Brazil imported goods in 2021 are below, along with percent of total imports that came from the country :

  1. Brazil imports from China worth US$ 53,464 million, with a partner share of 22.78 percent.
  2. Brazil imports from United States worth US$ 41,503 million, with a partner share of 17.68 percent.
  3. Brazil imports from Argentina worth US$ 12,413 million, with a partner share of 5.29 percent.
  4. Brazil imports from Germany worth US$ 11,921 million, with a partner share of 5.08 percent.
  5. Brazil imports from India worth US$ 7,234 million, with a partner share of 3.08 percent.

Brazil Top 5 Productsexports imports at HS 6 digit level 2021

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

  1. Brazil exported Non-agglomerated iron ores and concentrates , worth 40,715,560.47 (US$ Thousands).
  2. Brazil exported Soya beans , worth 38,638,730.74 (US$ Thousands).
  3. Brazil exported Petroleum oils and oils obtained from bituminou , worth 30,608,981.81 (US$ Thousands).
  4. Brazil exported Raw cane sugar, in solid form , worth 7,956,544.46 (US$ Thousands).
  5. Brazil exported Oil-cake and other solid residues, of soya-bean , worth 7,342,744.71 (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 13,917,978.97 (US$ Thousands).
  2. Brazil imported Monolithic integrated circuits, digital , worth 5,208,917.66 (US$ Thousands).
  3. Brazil imported Potassium chloride , worth 4,634,069.21 (US$ Thousands).
  4. Brazil imported Vaccines for human medicine , worth 4,317,415.14 (US$ Thousands).
  5. Brazil imported Petroleum oils and oils obtained from bituminou , worth 4,093,484.41 (US$ Thousands).

Exports and Imports of Product Groups 2021

Exports and imports of products by stages of processing in 2021 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2021

Tariffs imposed by Brazil in 2021 are below

  • The maximum rate of tariff in percentage on any product was 55 percent.
  • The simple average tariff across all products was 13.20 percent.
  • The trade weighted average tariff was 7.76 .
  • The total duty free imports in thousands of US dollars were 66,459,334.65 and duty free tariff line items share was 17.07 percent.

Development Indicators 2021

Key Development Indicators of Brazil in 2021 are below

  • Brazil GDP in current US dollar was 1,649,623 million.
  • GNI per capita, Atlas method (current US$) was 7,900.00 .
  • Brazil Trade balance: as % of GDP was 0.94.
  • Trade balance in current US$ was 15,538.00 million.
  • Trade as percentage of GDP was 38.18 .
  • Trade in services as percentage of GDP was 5.45 .

Trade Indicators 2021

Trade Indicators for Brazil in 2021 are below

  • Hirschman Herfindahl market concentration index was 0.14.
  • Index of export market penetration was 14.58.
  • World Growth in percentage was 12.50 and Brazil Country Growth was 15.48 .