2022
Flag  
GDP
$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP GROWTH
-22.1%CURRENT US$
Rnk 180 / 186
2022
Flag
 GDP
$522BCURRENT US$
Rnk 27 / 186
2012-2022
Flag
GDP GROWTH
99%CURRENT US$
Rnk 14 / 186
2022
Flag
GDP PC 
$8,918CURRENT US$
Rnk 82 / 186
2012-2022
Flag
GDP PC GROWTH
-27.7%CURRENT US$
Rnk 177 / 186
2022
Flag
GDP PC
$54,660CURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP PC GROWTH
64.9%CURRENT US$
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About

Brazil-Israel Trade: In 2022, Brazil exported $1.92B to Israel. The main products that Brazil exported to Israel were Crude Petroleum ($1.07B), Frozen Bovine Meat ($187M), and Corn ($174M). Over the past 5 years the exports of Brazil to Israel have increased at an annualized rate of 32.7%, from $467M in 2017 to $1.92B in 2022.

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

Israel-Brazil Trade: In 2022, Israel exported $2.07B to Brazil. The main products that Israel exported to Brazil were Potassic Fertilizers ($786M), Pesticides ($298M), and Phosphatic Fertilizers ($249M). Over the past 5 years the exports of Israel to Brazil have increased at an annualized rate of 18.5%,  from $888M in 2017 to $2.07B in 2022.

In 2012, Israel exported services to Brazil worth $23.8M, with Computer and information services ($23.8M) being the largest in terms of value.

Comparison: In 2022,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B). That same year, Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Brazil exported $1.92B to Israel. The main products exported from Brazil to Israel were Crude Petroleum ($1.07B), Frozen Bovine Meat ($187M), and Corn ($174M). During the last 5 years the exports of Brazil to Israel have increased at an annualized rate of 32.7%, from $467M in 2017 to $1.92B in 2022.

In 2017, Israel exported $2.07B to Brazil. The main products exported from Israel to Brazil were Potassic Fertilizers ($786M), Pesticides ($298M), and Phosphatic Fertilizers ($249M). During the last 5 years the exports of Israel to Brazil have increased at an annualized rate of 18.5%, from $888M in 2022 to $2.07B in 2017.

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

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

Market Competitiveness

Color
Brazil
Top Destination
China$90.1B
Israel
Top Destination
United States$20.3B

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

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

In 2022, countries that imported more from Israel than Brazil included Palestine ($4.6B), Ireland ($3.86B), and Cyprus ($827M).

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

Comparative Advantage Brazil - Israel

Flow
Scale

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

During 2022, Brazil had a large net trade with Israel in the exports of Mineral Products ($1.07B), Vegetable Products ($354M), and Animal Products ($249M).

During 2017, Israel had a large net trade with Brazil in the exports of Chemical Products ($1.52B), Machines ($128M), and Plastics and Rubbers ($127M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Brazil Israel+$33.3MSoybeans
Top Product Potential Israel Brazil+$18.2MMixed Mineral or Chemical Fertilizers

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.

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Economic Complexity

Competitive Landscape

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

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

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