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Trade between Brazil and India

In 2024, Brazil exported $5.4 billion to India and imported $7.3 billion. Brazil ran a deficit of $2 billion with India, compared with a deficit of $1.6 billion in 2019. India was Brazil’s 10th largest trading partner (2% of its trade), and Brazil was India’s 24th (1%).

Summary

Brazil → India
$5.4billion
India → Brazil
$7.3billion
Brazil’s balance
-$2billion

Balance

Brazil’s trade balance with India

Trade between Brazil and India grew 22.6-fold since 1995

USD billions (current). Brazil’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 5.4
  • Imports 7.3
  • Balance -2

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$408 million$154 million$254 million
1996$227 million$231 million-$4 million
1997$229 million$279 million-$50 million
1998$207 million$245 million-$37 million
1999$406 million$206 million$200 million
2000$255 million$322 million-$68 million
2001$309 million$618 million-$308 million
2002$702 million$632 million$70 million
2003$597 million$555 million$42 million
2004$720 million$626 million$94 million
2005$1.2 billion$1.3 billion-$118 million
2006$1.1 billion$1.6 billion-$525 million
2007$1 billion$2.3 billion-$1.3 billion
2008$1.2 billion$3.8 billion-$2.6 billion
2009$3.4 billion$2.4 billion$975 million
2010$3.6 billion$4.6 billion-$1 billion
2011$3.6 billion$6.3 billion-$2.8 billion
2012$5.7 billion$5.4 billion$275 million
2013$3.4 billion$6.7 billion-$3.4 billion
2014$5.3 billion$6.9 billion-$1.7 billion
2015$4.1 billion$4.6 billion-$510 million
2016$3.6 billion$2.7 billion$936 million
2017$5.1 billion$3.2 billion$2 billion
2018$4.5 billion$4 billion$472 million
2019$3.1 billion$4.7 billion-$1.6 billion
2020$3.2 billion$4.4 billion-$1.2 billion
2021$4.9 billion$7.3 billion-$2.4 billion
2022$6.8 billion$9.6 billion-$2.8 billion
2023$5.1 billion$7.3 billion-$2.2 billion
2024$5.4 billion$7.3 billion-$2 billion

What they sell each other

What Brazil sells to India

The top 10 headings in 2024, with their share of the total.

  1. Cane and beet sugar$1.7 billion · 31.1%
    3.3 million tonnes · Brazil’s destinations
  2. Crude petroleum$1.1 billion · 21%
    2.4 million tonnes · Brazil’s destinations
  3. Soybean oil$747 million · 13.9%
    787 thousand tonnes · India’s sources
  4. Raw cotton$150 million · 2.8%
    94 thousand tonnes · Brazil’s destinations
  5. Ferrous scrap$145 million · 2.7%
    457 thousand tonnes · India’s sources
  6. 164 thousand tonnes · India’s sources
  7. Other oilseeds$122 million · 2.3%
    96 thousand tonnes
  8. Asbestos$76 million · 1.4%
    131 thousand tonnes
  9. Copper scrap$68 million · 1.3%
    18 thousand tonnes
  10. Logs$66 million · 1.2%
    288 thousand tonnes

What India sells to Brazil

The top 10 headings in 2024, with their share of the total.

  1. 13 thousand tonnes
  2. Refined petroleum$507 million · 6.9%
    683 thousand tonnes · India’s destinations
  3. Pesticides and herbicides$476 million · 6.5%
    97 thousand tonnes
  4. 6 thousand tonnes · India’s destinations
  5. Auto parts$263 million · 3.6%
    46 thousand tonnes · India’s destinations
  6. 4 thousand tonnes
  7. Organosulfur compounds$215 million · 2.9%
    27 thousand tonnes
  8. New tires$172 million · 2.4%
    54 thousand tonnes · India’s destinations
  9. 18 thousand tonnes
  10. Synthetic filament yarn$142 million · 1.9%
    104 thousand tonnes

How it travels

Estimated sea route from Santos to Nhava Sheva (Mumbai).

The estimated sea route between Santos and Nhava Sheva (Mumbai) is 8,316 nautical miles (15,401 km) long: ≈ 19–24.5 days at sea (at 18 and 14 knots).

Passages it crosses: Cape of Good Hope.

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$10.9 billion · 85.9%
  2. Air$1.8 billion · 14.1%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

India was Brazil’s 10th largest trading partner (2% of its trade), and Brazil was India’s 24th (1%).

India in Brazil’s trade
2%
India’s rank among Brazil’s partners
10th
Brazil in India’s trade
1.1%
Brazil’s rank among India’s partners
24th

Compare with

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.