Brazil-EU – international trade in goods statistics
Data extracted in March 2021
Planned article update: April 2022
EU trade in goods with Brazil, 2010-2020
This article provides a picture of the international trade in goods between the European Union (EU) and Brazil. It analyses the type of goods exchanged between the two economies and the shares of each EU Member State in those exchanges.
This article is part of an online publication providing recent statistics on international trade in goods, covering information on the EU's main partners, main products traded, specific characteristics of trade as well as background information.
Recent developments, impact of COVID-19
The COVID-19 crisis caused both exports and imports between the EU and Brazil to fall in 2020. Exports reached a minimum of EUR 1.7 billion in May 2020. By December 2020 they had recovered to EUR 2.7 billion. Imports reached a minimum of EUR 1.9 billion in June 2020. By December 2020 they had recovered to EUR 2.0 billion.
Figure 2 compares trade with Brazil to trade with other non EU countries. Between January 2019 and December 2020, exports to Brazil decreased by 0.2 % while exports to other non EU countries decreased by 2.6 %. Imports from Brazil decreased by 21.4 % while imports from other non EU countries decreased by 9.6 %. Compared to the same month in the previous year, exports (- 29 %) and imports (- 21%) fell most in April 2020 for other non EU countries than Brazil. For Brazil the largest drops occured later both for exports (- 36 % in May 2020) and for imports (- 24 % in June 2020).
EU and Brazil in world trade in goods
Figure 3a shows the position of Brazil among the largest traders of goods in the world in 2019. The four largest exporters were China (EUR 2 233 billion, 16.1 %), the EU (EUR 2 132 billion, 15.4 %), the United States (EUR 1 468 billion, 10.6 %) and Japan (EUR 630 billion, 4.6 %). The four largest importers were the United States (EUR 2 293 billion, 16.1 %), the EU (EUR 1 940 billion, 13.7 %), China (EUR 1 857 billion, 13.1 %) and Japan (EUR 644 billion, 4.5 %). Figure 3b has some more details. It shows that Brazil (EUR 201 billion, 1.5 %) was the 21st largest exporter in the world between Malaysia (EUR 213 billion, 1.5 %) and Turkey (EUR 162 billion, 1.2 %). It was also the 21st largest importer in the world (EUR 165 billion, 1.2 %) between Malaysia (EUR 183 billion, 1.3 %) and Indonesia (EUR 153 billion, 1.1 %).
The imports and exports of goods of the EU and Brazil indexed at 100 in 2009 for the period to 2019 are shown in Figure 4. It also shows the cover ratio (exports / imports) for this period. Exports from the EU were lowest in 2009 (100) and highest in 2019 (180). Imports to the EU were lowest in 2009 (100) and highest in 2019 (163). The cover ratio for the EU was lowest in 2011 (97 %) and highest in 2016 (116 %) and was 110 % in 2019. Exports from Brazil were lowest in 2009 (100) and highest in 2011 (167) and were 147 in 2019. Imports to Brazil were lowest in 2009 (100) and highest in 2013 (187) and were 138 in 2019. The cover ratio for Brazil was lowest in 2014 (94 %) and highest in 2017 (138 %) and was 122 % in 2019.
Both exports to and imports from Brazil decreased between 2010 and 2020.
The position of Brazil among the largest trade partners of the EU in 2020 can be seen in Figure 5a. The four largest export partners of the EU were the United States (18.3 %), the United Kingdom (14.4 %), China (10.5 %) and Switzerland (7.4 %). The four largest import partners of the EU were China (22.4 %), the United States (11.8 %), the United Kingdom (9.8 %) and Switzerland (6.3 %). Figure 3b has some more details. It shows that Brazil (EUR 28 billion, 1.4 %) was the 14th largest export partner of the EU, between Australia (EUR 29 billion, 1.5 %) and Utd. Arab. Em. (EUR 26 billion, 1.3 %). In imports Brazil (EUR 25 billion, 1.5 %) was the 13th largest partner of the EU, between Taiwan (EUR 26 billion, 1.5 %) and Malaysia (EUR 25 billion, 1.4 %).
Figure 6 shows the exports, imports and trade balance between the EU and Brazil from 2010 to 2020. In 2010, the EU had a trade deficit with Brazil of EUR 1 billion. This changed more than once during the whole period. In 2020 there was a surplus of EUR 3 billion. Both exports to and imports from Brazil decreased between 2010 and 2020. EU exports to Brazil were highest in 2013 (EUR 37 billion) and lowest in 2020 (EUR 28 billion). EU imports from Brazil were highest in 2011 (EUR 36 billion) and lowest in 2020 (EUR 25 billion).
EU-Brazil trade by type of goods
The breakdown of EU trade with Brazil by SITC groups is shown in Figure 7. The red shades denote the primary products: food & drink, raw materials and energy, while the blue shades show the manufactured goods: chemicals, machinery & vehicles and other manufactured goods. Finally, other goods are shown in green. In 2020, EU exports of manufactured goods (86 %) had a higher share than primary goods (10 %). The most exported manufactured goods were machinery & vehicles (39 %), followed by chemicals (30 %) and other manufactured products (17 %). In 2020, EU imports of primary goods (74 %) had a higher share than manufactured goods (22 %). The most imported primary goods were food & drink (33 %), followed by raw materials (31 %) and energy (10 %).
Figure 8 shows the evolution of EU imports and exports by SITC group since 2010. In 2020, the EU had trade surpluses in machinery & vehicles (EUR 8.9 billion), chemicals (EUR 6.9 billion), other manufactured products (EUR 2.3 billion) and other products (EUR 0.4 billion). The EU had trade deficits in energy (EUR 1.7 billion), food & drink (EUR 7.1 billion) and raw materials (EUR 7.1 billion).
EU-Brazil most traded goods
More detail about the goods exchanged between the EU and Brazil is given in Figure 9, showing the 20 most traded goods at SITC-3 level. These top 20 goods covered 46 % of total trade in goods in 2020. Five each belonged to food and drink and machinery and vehicles, four each to raw materials and chemicals and two to energy. The most traded product group at this level was feeding stuff for animals. Another interesting way to look at the data is to investigate the cover ratio (exports / imports) of traded goods, showing the direction of the trade flows between the two economies. These ratios can be found in the right-hand margin of Figure 9. Ten products were below 50 %, indicating EU imports from Brazil were at least twice as large as EU exports to Brazil. Eight products were above 200 %, indicating EU exports to Brazil were at least twice as large as EU imports from Brazil. Two products were between 50 % and 200 %, showing more balanced trade.
Trade with Brazil by Member State
Table 1a shows the imports of goods from Brazil by Member State. The three largest importers from Brazil in the EU were the Netherlands (EUR 5 386 million), Germany (EUR 4 115 million) and Spain (EUR 3 437 million). Portugal (9.3 %) had the highest share for Brazil in its extra-EU imports.
Table 1b shows the exports of goods to Brazil by Member State. The three largest exporters to Brazil in the EU were Germany (EUR 8 442 million), Italy (EUR 3 629 million) and France (EUR 3 071 million). Portugal (4.7 %) had the highest share for Brazil in its extra-EU exports.
The trade in goods balance between the EU Member States and Brazil is shown in Table 1c. It shows that 14 Member States had a trade surplus with Brazil. The largest surplus was held by Germany (EUR 4 327 million), followed by France (EUR 968 million) and Belgium (EUR 746 million). There were 13 Member States that had a trade deficit with Brazil. The largest deficit was held by the Netherlands (EUR 3 066 million), followed by Spain (EUR 1 180 million) and Portugal (EUR 874 million).
Source data for tables and graphs
EU data is taken from Eurostat's COMEXT database. COMEXT is the reference database for international trade in goods. It provides access not only to both recent and historical data from the EU Member States but also to statistics of a significant number of third countries. International trade aggregated and detailed statistics disseminated via the Eurostat website are compiled from COMEXT data according to a monthly process.
Data are collected by the competent national authorities of the Member States and compiled according to a harmonised methodology established by EU regulations before transmission to Eurostat. For extra-EU trade, the statistical information is mainly provided by the traders on the basis of customs declarations.
EU data are compiled according to Community guidelines and may, therefore, differ from national data published by the Member States. Statistics on extra-EU trade are calculated as the sum of trade of each of the 27 EU Member States with countries outside the EU. In other words, the EU is considered as a single trading entity and trade flows are measured into and out of the area, but not within it.
The United Kingdom is considered as an extra-EU partner country for the EU-27 for the whole period covered by this article. However, the United Kingdom was still part of the internal market until the end of the transitory period (31 December 2020), meaning that data on trade with the United Kingdom are still based on statistical concepts applicable to trade between the EU Member States. Consequently, while imports from any other extra-EU-27 trade partner are grouped by country of origin, the United Kingdom data reflect the country of consignment. In practice this means that the goods imported by the EU-27 from the United Kingdom were physically transported from the United Kingdom but part of these goods could have been of other origin than the United Kingdom. For this reason, data on trade with the United Kingdom are not fully comparable with data on trade with other extra-EU-27 trade partners.
Data for the non EU-27 countries used in figures 1-3 are taken from the UNCTAD database of the United Nations. For the calculation of shares, the world trade is defined as the sum of EU trade with non-EU countries (source: Eurostat) plus the international trade of non-EU countries (source: UNCTAD).
Methodology According to the EU concepts and definitions, extra-EU trade statistics (trade between EU Member States and non-EU countries) do not record exchanges involving goods in transit, placed in a customs warehouse or given temporary admission (for trade fairs, temporary exhibitions, tests, etc.). This is known as ‘special trade'. The partner is the country of final destination of the goods for exports and the country of origin for imports.
Product classification Information on commodities exported and imported is presented according to the Standard international trade classification (SITC). A full description is available from Eurostat's classification server RAMON.
Unit of measure Trade values are expressed in millions or billions (109) of euros. They correspond to the statistical value, i.e. to the amount which would be invoiced in case of sale or purchase at the national border of the reporting country. It is called a FOB value (free on board) for exports and a CIF value (cost, insurance, freight) for imports.
Trade is an important indicator of Europe’s prosperity and place in the world. The bloc is deeply integrated into global markets both for the products it sources and the exports it sells. The EU trade policy is one of the main pillars of the EU’s relations with the rest of the world.
Because the 27 EU Member States share a single market and a single external border, they also have a single trade policy. EU Member States speak and negotiate collectively, both in the World Trade Organization, where the rules of international trade are agreed and enforced, and with individual trading partners. This common policy enables them to speak with one voice in trade negotiations, maximising their impact in such negotiations. This is even more important in a globalised world in which economies tend to cluster together in regional groups.
The openness of the EU’s trade regime has meant that the EU is the biggest player on the global trading scene and remains a good region to do business with. Thanks to the ease of modern transport and communications, it is now easier to produce, buy and sell goods around the world which gives European companies of every size the potential to trade outside Europe.
- International trade in goods (t_ext_go), see:
- International trade in goods - long-term indicators (t_ext_go_lti)
- International trade in goods - short-term indicators (t_ext_go_sti)
- International trade in goods (ext_go), see:
- International trade in goods - aggregated data (ext_go_agg)
- International trade in goods - long-term indicators (ext_go_lti)
- International trade in goods - short-term indicators (ext_go_sti)
- International trade in goods - detailed data (detail)
- EU trade since 1988 by SITC (DS-018995)
- International trade in goods statistics - background
- International trade in goods (ESMS metadata file — ext_go_agg_esms)
- User guide on European statistics on international trade in goods