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Trade between Brazil and Italy

In 2024, Brazil exported $4.6 billion to Italy and imported $6.2 billion. Brazil ran a deficit of $1.6 billion with Italy, compared with a deficit of $1.2 billion in 2019. Italy was Brazil’s 13th largest trading partner (2% of its trade), and Brazil was Italy’s 26th (0.9%).

Summary

Brazil → Italy
$4.6billion
Italy → Brazil
$6.2billion
Brazil’s balance
-$1.6billion

Balance

Brazil’s trade balance with Italy

Trade between Brazil and Italy grew 2-fold since 1995

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

  • Exports 4.6
  • Imports 6.2
  • Balance -1.6

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$2.1 billion$3.3 billion-$1.2 billion
1996$1.9 billion$3.1 billion-$1.2 billion
1997$1.9 billion$3.7 billion-$1.8 billion
1998$2.1 billion$3.4 billion-$1.3 billion
1999$1.9 billion$2.7 billion-$793 million
2000$2.4 billion$2.3 billion$53 million
2001$2.1 billion$2.5 billion-$392 million
2002$2.1 billion$2 billion$65 million
2003$2.5 billion$1.9 billion$601 million
2004$3.5 billion$2.2 billion$1.2 billion
2005$3.6 billion$2.5 billion$1.1 billion
2006$4.3 billion$2.8 billion$1.5 billion
2007$5.1 billion$3.6 billion$1.5 billion
2008$5.6 billion$4.9 billion$713 million
2009$3.5 billion$3.9 billion-$347 million
2010$4.3 billion$5.1 billion-$752 million
2011$5.9 billion$6.5 billion-$658 million
2012$4.7 billion$6.5 billion-$1.8 billion
2013$4.3 billion$7 billion-$2.7 billion
2014$4 billion$6.5 billion-$2.5 billion
2015$3.5 billion$4.8 billion-$1.3 billion
2016$3.6 billion$3.8 billion-$192 million
2017$3.7 billion$4.3 billion-$575 million
2018$3.9 billion$4.9 billion-$999 million
2019$3.5 billion$4.8 billion-$1.2 billion
2020$3.3 billion$4.2 billion-$843 million
2021$4.9 billion$5.7 billion-$816 million
2022$5.7 billion$5.8 billion-$51 million
2023$4.8 billion$5.8 billion-$1 billion
2024$4.6 billion$6.2 billion-$1.6 billion

What they sell each other

What Brazil sells to Italy

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

  1. Chemical wood pulp$1 billion · 21.9%
    1.5 million tonnes · Brazil’s destinations
  2. Coffee$914 million · 19.8%
    236 thousand tonnes · Brazil’s destinations
  3. Soybeans$609 million · 13.2%
    1.3 million tonnes · Brazil’s destinations
  4. Crude petroleum$298 million · 6.5%
    626 thousand tonnes · Brazil’s destinations
  5. Tanned cattle hides$148 million · 3.2%
    80 thousand tonnes
  6. Frozen beef$146 million · 3.2%
    23 thousand tonnes
  7. Soybean meal and pellets$137 million · 3%
    371 thousand tonnes · Brazil’s destinations
  8. Iron ore$132 million · 2.9%
    1.2 million tonnes · Brazil’s destinations
  9. Engine parts$79 million · 1.7%
    22 thousand tonnes
  10. Ferroalloys$67 million · 1.4%
    19 thousand tonnes · Brazil’s destinations

What Italy sells to Brazil

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

  1. Auto parts$371 million · 6%
    39 thousand tonnes · Italy’s destinations
  2. Vaccines, blood and antisera$319 million · 5.2%
    945 tonnes · Italy’s destinations
  3. 2 thousand tonnes · Italy’s destinations
  4. 2 thousand tonnes
  5. 10 thousand tonnes
  6. Other industrial machines$110 million · 1.8%
    4 thousand tonnes
  7. Valves and taps$105 million · 1.7%
    3 thousand tonnes
  8. Engine parts$103 million · 1.7%
    5 thousand tonnes
  9. Diesel engines$91 million · 1.5%
    6 thousand tonnes
  10. Refined petroleum$89 million · 1.5%
    112 thousand tonnes · Italy’s destinations

How it travels

Estimated sea route from Santos to Genoa.

The estimated sea route between Santos and Genoa is 5,452 nautical miles (10,096 km) long: ≈ 12.5–16 days at sea (at 18 and 14 knots).

Passages it crosses: Strait of Gibraltar.

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$8.6 billion · 80.1%
  2. Air$2.2 billion · 19.9%

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

How much each matters to the other

Italy was Brazil’s 13th largest trading partner (2% of its trade), and Brazil was Italy’s 26th (0.9%).

Italy in Brazil’s trade
1.7%
Italy’s rank among Brazil’s partners
13th
Brazil in Italy’s trade
0.9%
Brazil’s rank among Italy’s partners
26th

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.