Flag Brazil / Argentina Flag

2021
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Exports
: $12B, Rnk 3 / 220

2021
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Top Product
: $1.28B, Cars

2021
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Exports
: $11.2B, Rnk 1 / 165

2021
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Top Product
: $2.39B, Delivery Trucks

2021
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Economic Complexity (ECI)
: ECI 0.33, Rnk 49 / 131

2021
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Economic Complexity (ECI)
: ECI 0.074, Rnk 60 / 131

2021
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GDP
: $1.61T, CURRENT US$
Rnk 12 / 182

2011-2021
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GDP GROWTH
: -38.5%, CURRENT US$
Rnk 179 / 182

2021
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 GDP
: $491B, CURRENT US$
Rnk 26 / 182

2011-2021
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GDP GROWTH
: -7.29%, CURRENT US$
Rnk 161 / 182

2021
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GDP PC 
: $7,519, CURRENT US$
Rnk 81 / 182

2011-2021
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GDP PC GROWTH
: -43.2%, CURRENT US$
Rnk 177 / 182

2021
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GDP PC
: $10,729, CURRENT US$
Rnk 64 / 182

2011-2021
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GDP PC GROWTH
: -16.5%, CURRENT US$
Rnk 159 / 182

Brazil-Argentina In 2021, Brazil exported $12B to Argentina. The main products that Brazil exported to Argentina are Cars ($1.28B), Motor vehicles; parts and accessories (8701 to 8705) ($972M), and Iron Ore ($674M). During the last 26 years the exports of Brazil to Argentina have increased at an annualized rate of 4.17%, from $4.13B in 1995 to $12B in 2021.

In 2021, Brazil did not export any services to Argentina.

Argentina-Brazil In 2021, Argentina exported $11.2B to Brazil. The main products that Argentina exported to Brazil were Delivery Trucks ($2.39B), Wheat ($1.45B), and Cars ($1.41B). During the last 26 years the exports of Argentina to Brazil have increased at an annualized rate of 2.33%, from $6.16B in 1995 to $11.2B in 2021.

In 2021, Argentina did not export any services to Brazil.

Comparison In 2021,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.33), and 24 in total exports ($288B). That same year, Argentina ranked 60 in the Economic Complexity Index (ECI 0.074), and 48 in total exports ($68.7B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2021, Brazil exported $12B to Argentina. The main products exported from Brazil to Argentina were Cars ($1.28B), Motor vehicles; parts and accessories (8701 to 8705) ($972M), and Iron Ore ($674M). During the last 26 years the exports of Brazil to Argentina have increased at an annualized rate of 4.17%, from $4.13B in 1995 to $12B in 2021.

In 2021, Argentina exported $11.2B to Brazil. The main products exported from Argentina to Brazil were Delivery Trucks ($2.39B), Wheat ($1.45B), and Cars ($1.41B). During the last 26 years the exports of Argentina to Brazil have increased at an annualized rate of 2.33%, from $6.16B in 1995 to $11.2B in 2021.

Market Competitiveness

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Color

Brazil
Top Destination
: China, $88.3B

Argentina
Top Destination
: Brazil, $11.2B

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

In 2021, countries that imported more from Brazil than Argentina were China ($88.3B), United States ($30.2B), and Netherlands ($9.29B).

In 2021, countries that imported more from Argentina than Brazil were Nepal ($389M), Mozambique ($179M), and Ireland ($422M).

Comparative Advantage Brazil - Argentina

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Flow
Scale

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

During 2021, Brazil had a large net trade with Argentina in the exports of Transportation ($3.12B), Metals ($1.82B), and Machines ($1.69B).

During 2021, Argentina had a large net trade with Brazil in the exports of Transportation ($4.23B), Vegetable Products ($2.64B), and Mineral Products ($1.36B).

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Brazil has comparative advantage over Argentina. Similarly, the more yellow a dot/product is, the more Argentina has comparative advantage over Brazil.