Saudi Arabia (SAU) and Brazil (BRA) Trade | The Observatory of Economic Complexity

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Saudi Arabia-Brazil Trade: In 2022, Saudi Arabia exported $4.78B to Brazil. The main products that Saudi Arabia exported to Brazil were Crude Petroleum ($2.8B), Refined Petroleum ($689M), and Mixed Mineral or Chemical Fertilizers ($665M). Over the past 5 years the exports of Saudi Arabia to Brazil have increased at an annualized rate of 21%, from $1.84B in 2017 to $4.78B in 2022.

In 2022, Saudi Arabia did not export any services to Brazil.

Brazil-Saudi Arabia Trade: In 2022, Brazil exported $2.92B to Saudi Arabia. The main products that Brazil exported to Saudi Arabia were Poultry Meat ($847M), Raw Sugar ($416M), and Corn ($358M). Over the past 5 years the exports of Brazil to Saudi Arabia have increased at an annualized rate of 0.078%, from $2.91B in 2017 to $2.92B in 2022.

In 2022, Brazil did not export any services to Saudi Arabia.

Comparison: In 2022, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B). 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, Saudi Arabia exported $4.78B to Brazil. The main products exported from Saudi Arabia to Brazil were Crude Petroleum ($2.8B), Refined Petroleum ($689M), and Mixed Mineral or Chemical Fertilizers ($665M). During the last 5 years the exports of Saudi Arabia to Brazil have increased at an annualized rate of 21%, from $1.84B in 2017 to $4.78B in 2022.

In 2017, Brazil exported $2.92B to Saudi Arabia. The main products exported from Brazil to Saudi Arabia were Poultry Meat ($847M), Raw Sugar ($416M), and Corn ($358M). During the last 5 years the exports of Brazil to Saudi Arabia have increased at an annualized rate of 0.078%, from $2.91B in 2022 to $2.92B in 2017.

Exports from Saudi Arabia () to Brazil () (2022)

Exports from Brazil () to Saudi Arabia () (2022)

Latest Data

Trade between Saudi Arabia () and Brazil ()

Saudi Arabia Exports

Date

Brazil Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Saudi Arabia
Top DestinationChina$68B

Brazil
Top DestinationChina$90.1B

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

In 2022, countries that imported more from Saudi Arabia than Brazil included India ($46.2B), Japan ($36.5B), and South Korea ($36B).

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

Difference in imports from Brazil () and Saudi Arabia () (2022)

Comparative Advantage Saudi Arabia - Brazil

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Saudi Arabia had a large net trade with Brazil in the exports of Mineral Products ($3.53B), Chemical Products ($873M), and Plastics and Rubbers ($265M).

During 2017, Brazil had a large net trade with Saudi Arabia in the exports of Animal Products ($1.06B), Vegetable Products ($891M), and Foodstuffs ($639M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Saudi Arabia Brazil+$555MRefined Petroleum

Top Product Potential Brazil Saudi Arabia+$62.1MRefined Petroleum

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Saudi Arabia () to Brazil () (2022)

Exports from Brazil () to Saudi Arabia () (2022)

Latest Data

Trade between Saudi Arabia () and Brazil ()

Saudi Arabia Exports

Brazil Exports

Market Competitiveness

Difference in imports from Brazil () and Saudi Arabia () (2022)

Comparative Advantage Saudi Arabia - Brazil

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Saudi Arabia () and Brazil () (2022)

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