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Trade between Brazil and Thailand

In 2024, Brazil exported $3.7 billion to Thailand and imported $2.6 billion. Brazil ran a surplus of $1.1 billion with Thailand, compared with a surplus of $133 million in 2019. Thailand was Brazil’s 23rd largest trading partner (1% of its trade), and Brazil was Thailand’s 25th (1%).

Summary

Brazil → Thailand
$3.7billion
Thailand → Brazil
$2.6billion
Brazil’s balance
$1.1billion

Balance

Brazil’s trade balance with Thailand

Trade between Brazil and Thailand grew 9.8-fold since 1995

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

  • Exports 3.7
  • Imports 2.6
  • Balance +1.1

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$507 million$135 million$373 million
1996$555 million$205 million$350 million
1997$445 million$281 million$164 million
1998$156 million$237 million-$81 million
1999$238 million$168 million$70 million
2000$263 million$253 million$10 million
2001$259 million$246 million$13 million
2002$382 million$222 million$160 million
2003$531 million$309 million$222 million
2004$758 million$490 million$269 million
2005$1.1 billion$573 million$481 million
2006$856 million$796 million$59 million
2007$1.1 billion$1.2 billion-$92 million
2008$2 billion$1.6 billion$368 million
2009$1.3 billion$1.4 billion-$105 million
2010$1.7 billion$2 billion-$261 million
2011$2.2 billion$2.6 billion-$425 million
2012$2.3 billion$2.7 billion-$396 million
2013$2 billion$2.5 billion-$549 million
2014$2 billion$2.3 billion-$307 million
2015$2 billion$1.8 billion$252 million
2016$2 billion$1.4 billion$572 million
2017$2 billion$1.7 billion$323 million
2018$2 billion$1.7 billion$257 million
2019$1.9 billion$1.7 billion$133 million
2020$2.2 billion$1.5 billion$676 million
2021$3.1 billion$2.3 billion$758 million
2022$3.6 billion$2.5 billion$1.2 billion
2023$4.2 billion$2.1 billion$2 billion
2024$3.7 billion$2.6 billion$1.1 billion

What they sell each other

What Brazil sells to Thailand

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

  1. Soybeans$1.6 billion · 42.9%
    3.4 million tonnes · Brazil’s destinations
  2. Soybean meal and pellets$1.2 billion · 32.4%
    2.6 million tonnes · Brazil’s destinations
  3. Crude petroleum$234 million · 6.4%
    712 thousand tonnes · Brazil’s destinations
  4. Cane and beet sugar$123 million · 3.3%
    235 thousand tonnes · Brazil’s destinations
  5. Wheat$61 million · 1.7%
    254 thousand tonnes
  6. Chemical wood pulp$50 million · 1.4%
    75 thousand tonnes · Brazil’s destinations
  7. Tanned cattle hides$41 million · 1.1%
    13 thousand tonnes
  8. Synthetic rubber$31 million · 0.85%
    6 thousand tonnes
  9. Raw cotton$30 million · 0.81%
    16 thousand tonnes · Brazil’s destinations
  10. Polyethylene$27 million · 0.74%
    12 thousand tonnes

What Thailand sells to Brazil

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

  1. Auto parts$323 million · 12.5%
    29 thousand tonnes · Thailand’s destinations
  2. Cars$198 million · 7.7%
    13 thousand tonnes · Thailand’s destinations
  3. Natural rubber$118 million · 4.6%
    58 thousand tonnes · Thailand’s destinations
  4. Rice$108 million · 4.2%
    159 thousand tonnes · Thailand’s destinations
  5. Motorcycle and bicycle parts$95 million · 3.7%
    6 thousand tonnes
  6. Rubber gloves and clothing$89 million · 3.4%
    23 thousand tonnes
  7. Engine parts$87 million · 3.4%
    3 thousand tonnes
  8. Air conditioners$77 million · 3%
    8 thousand tonnes · Thailand’s destinations
  9. 628 tonnes
  10. New tires$70 million · 2.7%
    24 thousand tonnes · Thailand’s destinations

How it travels

Estimated sea route from Santos to Laem Chabang.

The estimated sea route between Santos and Laem Chabang is 10,065 nautical miles (18,641 km) long: ≈ 23.5–30 days at sea (at 18 and 14 knots).

Passages it crosses: Cape of Good Hope; and Strait of Malacca and Singapore.

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$5.7 billion · 90.5%
  2. Air$593 million · 9.5%

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

How much each matters to the other

Thailand was Brazil’s 23rd largest trading partner (1% of its trade), and Brazil was Thailand’s 25th (1%).

Thailand in Brazil’s trade
1%
Thailand’s rank among Brazil’s partners
23rd
Brazil in Thailand’s trade
1%
Brazil’s rank among Thailand’s partners
25th

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.