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Brazil Trade Summary

2022

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 2022

Overall Exports and Imports for Brazil 2022

Exports and imports of Brazil in 2022 are below, along with number of countries and products

  • The total value of exports (FoB) was 334,463 million.
  • The total value of imports (CIF) was 292,344 million.
  • At the HS6 digit level, 4,180 products were exported to 230 countries and 4,226 products were imported from 219 countries.

Brazil top 5 Export and Import partners 2022

Top five countries to which Brazil exported in 2022 are below, along with the percent of total exports that went to that country:

  1. Brazil exports to China worth US$ 89,719 million, with a partner share of 26.82 percent.
  2. Brazil exports to United States worth US$ 38,147 million, with a partner share of 11.41 percent.
  3. Brazil exports to Argentina worth US$ 15,349 million, with a partner share of 4.59 percent.
  4. Brazil exports to Netherlands worth US$ 11,911 million, with a partner share of 3.56 percent.
  5. Brazil exports to Spain worth US$ 9,761 million, with a partner share of 2.92 percent.

Top five countries from which Brazil imported goods in 2022 are below, along with percent of total imports that came from the country :

  1. Brazil imports from China worth US$ 67,768 million, with a partner share of 23.18 percent.
  2. Brazil imports from United States worth US$ 54,328 million, with a partner share of 18.58 percent.
  3. Brazil imports from Argentina worth US$ 13,605 million, with a partner share of 4.65 percent.
  4. Brazil imports from Germany worth US$ 13,441 million, with a partner share of 4.60 percent.
  5. Brazil imports from India worth US$ 9,602 million, with a partner share of 3.28 percent.

Brazil Top 5 Productsexports imports at HS 6 digit level 2022

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

  1. Brazil exported Soya beans , worth 46,664,334.13 (US$ Thousands).
  2. Brazil exported Petroleum oils and oils obtained from bituminou , worth 42,688,098.56 (US$ Thousands).
  3. Brazil exported Non-agglomerated iron ores and concentrates , worth 25,699,015.85 (US$ Thousands).
  4. Brazil exported Petroleum oils, etc, (excl. crude); preparation , worth 13,036,328.44 (US$ Thousands).
  5. Brazil exported Maize (excl. seed) , worth 12,154,544.67 (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 24,683,616.63 (US$ Thousands).
  2. Brazil imported Petroleum oils and oils obtained from bituminou , worth 10,145,098.43 (US$ Thousands).
  3. Brazil imported Potassium chloride , worth 9,395,244.11 (US$ Thousands).
  4. Brazil imported Monolithic integrated circuits, digital , worth 5,882,871.40 (US$ Thousands).
  5. Brazil imported Bituminous coal, not agglomerated , worth 5,379,827.71 (US$ Thousands).

Exports and Imports of Product Groups 2022

Exports and imports of products by stages of processing in 2022 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2022

Tariffs imposed by Brazil in 2022 are below

  • The maximum rate of tariff in percentage on any product was 55 percent.
  • The simple average tariff across all products was 12.45 percent.
  • The trade weighted average tariff was 7.51 .
  • The total duty free imports in thousands of US dollars were 73,617,562.21 and duty free tariff line items share was 27.24 percent.

Development Indicators 2022

Key Development Indicators of Brazil in 2022 are below

  • Brazil GDP in current US dollar was 1,920,096 million.
  • GNI per capita, Atlas method (current US$) was 8,140.00 .
  • Brazil Trade balance: as % of GDP was 0.75.
  • Trade balance in current US$ was 14,421.00 million.
  • Trade as percentage of GDP was 39.34 .
  • Trade in services as percentage of GDP was 6.26 .

Trade Indicators 2022

Trade Indicators for Brazil in 2022 are below

  • Hirschman Herfindahl market concentration index was 0.11.
  • Index of export market penetration was 14.03.
  • World Growth in percentage was 5.18 and Brazil Country Growth was 7.34 .