Iran (IRN) and Brazil (BRA) Trade | The Observatory of Economic Complexity

About

Iran-Brazil Trade: In 2022, Iran exported $128M to Brazil. The main products that Iran exported to Brazil were Nitrogenous Fertilizers ($121M), Styrene Polymers ($1.71M), and Other Nuts ($1.3M). Over the past 5 years the exports of Iran to Brazil have increased at an annualized rate of 17.4%, from $57.4M in 2017 to $128M in 2022.

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

Brazil-Iran Trade: In 2022, Brazil exported $4.3B to Iran. The main products that Brazil exported to Iran were Corn ($2.01B), Soybeans ($1.36B), and Raw Sugar ($369M). Over the past 5 years the exports of Brazil to Iran have increased at an annualized rate of 10.6%, from $2.6B in 2017 to $4.3B in 2022.

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

Comparison: In 2022, Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B). That same year, Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Iran exported $128M to Brazil. The main products exported from Iran to Brazil were Nitrogenous Fertilizers ($121M), Styrene Polymers ($1.71M), and Other Nuts ($1.3M). During the last 5 years the exports of Iran to Brazil have increased at an annualized rate of 17.4%, from $57.4M in 2017 to $128M in 2022.

In 2017, Brazil exported $4.3B to Iran. The main products exported from Brazil to Iran were Corn ($2.01B), Soybeans ($1.36B), and Raw Sugar ($369M). During the last 5 years the exports of Brazil to Iran have increased at an annualized rate of 10.6%, from $2.6B in 2022 to $4.3B in 2017.

Exports from Iran () to Brazil () (2022)

Exports from Brazil () to Iran () (2022)

Latest Data

Trade between Iran () and Brazil ()

Brazil Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Iran
Top DestinationChina$5.72B

Brazil
Top DestinationChina$90.1B

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

In 2022, countries that imported more from Iran than Brazil included Kuwait ($960M), Armenia ($557M), and Azerbaijan ($454M).

In 2022, countries that imported more from Brazil than Iran included China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

Difference in imports from Brazil () and Iran () (2022)

Comparative Advantage Iran - Brazil

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Iran had a large net trade with Brazil in the exports of Chemical Products ($122M), Vegetable Products ($2.27M), and Plastics and Rubbers ($2.04M).

During 2017, Brazil had a large net trade with Iran in the exports of Vegetable Products ($3.37B), Foodstuffs ($699M), and Animal and Vegetable Bi-Products ($202M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Iran Brazil+$1.86MStyrene Polymers

Top Product Potential Brazil Iran+$16MPoultry Meat

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Iran and Brazil. This means that a dot/product with the flag of Iran indicates it has a comparative advantage over Brazil. Similarly, a dot/product with the flag of Brazil indicates it has a comparative advantage over Iran.

About

Historical Data

Bilateral Trade by Products

Exports from Iran () to Brazil () (2022)

Exports from Brazil () to Iran () (2022)

Latest Data

Trade between Iran () and Brazil ()

Brazil Exports

Market Competitiveness

Difference in imports from Brazil () and Iran () (2022)

Comparative Advantage Iran - Brazil

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Iran () and Brazil () (2022)

Keep Exploring