Brazil-Bangladesh Bilateral Trade Analysis 2023

Complete trade statistics: $2.11B total volume •Brazil surplus: $2.11B

BrazilBangladesh

$2.11B

Exports (2023)

BangladeshBrazil

$0

Imports (2023)

Trade Balance

$2.11B

Surplus for Brazil

Total Trade

$2.11B

Combined Volume

Trade Flow Visualization

Direct trade relationship between Brazil and Bangladesh. Green line shows exports from Brazil, red line shows imports.

Detailed Product Trade Analysis

Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Brazil-Bangladesh commercial relationship and competitive positioning in global markets.

BrazilBangladesh Exports

$2.11B
2023 Total

Export Market Intelligence

Product Diversity:
Specialized Focus
Market Share:
32.8% top product
1Sugars: cane sugar, raw, in solid form, other than as specified in Subheading Note 2 to this chapter, not containing added flavouring or colouring matter
$691.78M
32.8% of exports
2Soya beans: other than seed, whether or not broken
$459.72M
21.8% of exports
3Cotton: not carded or combed
$393.67M
18.7% of exports
4Vegetable oils: soya-bean oil and its fractions, crude, whether or not degummed, not chemically modified
$292.95M
13.9% of exports
5Oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil
$66.62M
3.2% of exports

🎯 Strategic Export Focus

Brazil's export portfolio to Bangladesh demonstrates strategic specialization, with sugars: cane sugar, raw, in solid form, other than as specified in subheading note 2 to this chapter, not containing added flavouring or colouring matter representing a key competitive advantage in this bilateral market.

BangladeshBrazil Imports

$0
2023 Total

Import Dependency Profile

Supply Diversity:
Concentrated
Critical Imports:
Infinity% concentration
1Jerseys, pullovers, cardigans, waistcoats and similar articles: of man-made fibres, knitted or crocheted
$26.80M
Infinity% of imports
2Trousers, bib and brace overalls, breeches and shorts: men's or boys', of cotton (not knitted or crocheted)
$19.61M
Infinity% of imports
3T-shirts, singlets and other vests: of cotton, knitted or crocheted
$19.46M
Infinity% of imports
4Jerseys, pullovers, cardigans, waistcoats and similar articles: of cotton, knitted or crocheted
$17.04M
Infinity% of imports
5Shirts: men's or boys', of cotton (not knitted or crocheted)
$16.51M
Infinity% of imports

📦 Import Strategy Analysis

Brazil's import pattern from Bangladesh reveals significant dependencyin jerseys, pullovers, cardigans, waistcoats and similar articles: of man-made fibres, knitted or crocheted, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

Brazil demonstrates competitive strength in exportingsugars: cane sugar, raw, in solid form, other than as specified in subheading note 2 to this chapter, not containing added flavouring or colouring matter to Bangladesh, leveraging comparative advantages.

Export Leader in 5+ Categories
🔄

Trade Complementarity

The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.

Specialized Exchange
📈

Growth Potential

The $2.11B trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Significant Partnership

Executive Summary: Brazil-Bangladesh Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $2.11 billionrepresenting a significant bilateral economic relationship
  • Trade Balance: Brazil maintains a surplus of $2.11 billion
  • Export Focus: Brazil's primary exports include sugars: cane sugar, raw, in solid form, other than as specified in subheading note 2 to this chapter, not containing added flavouring or colouring matter, soya beans: other than seed, whether or not broken, cotton: not carded or combed
  • Import Dependencies: Key imports from Bangladesh include jerseys, pullovers, cardigans, waistcoats and similar articles: of man-made fibres, knitted or crocheted, trousers, bib and brace overalls, breeches and shorts: men's or boys', of cotton (not knitted or crocheted), t-shirts, singlets and other vests: of cotton, knitted or crocheted

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationConcentrated
Trade Balance HealthImbalanced

📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.

Historical Trade Analysis & Economic Context

Trade Evolution Timeline

2019-2023: Recent Trends

Current trade volume of $2.11B represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.

2015-2019: Growth Period

Sustained expansion in bilateral trade driven by complementary economic structures, with Brazil leveraging its comparative advantages in sugars: cane sugar, raw, in solid form, other than as specified in subheading note 2 to this chapter, not containing added flavouring or colouring matter.

2010-2015: Foundation Building

Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.

Pre-2010: Early Development

Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.

Key Economic Drivers

1

Comparative Advantage

Brazil's specialization in sugars: cane sugar, raw, in solid form, other than as specified in subheading note 2 to this chapter, not containing added flavouring or colouring mattercomplements Bangladesh's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in jerseys, pullovers, cardigans, waistcoats and similar articles: of man-made fibres, knitted or crocheted.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $2.11B bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationMedium
Market DependencyHigh
🔮

Trade Relationship Outlook

The $2.11B bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.

Economic Impact & Strategic Outlook

Economic Impact Assessment

💰

Trade Volume Impact

The $2.11 billion bilateral trade volume represents a important trade relationshipfor both economies.

Economic Significance: Moderate
🏭

Industrial Integration

Trade flows in sugars: cane sugar, raw, in solid form, other than as specified in subheading note 2 to this chapter, not containing added flavouring or colouring matter and jerseys, pullovers, cardigans, waistcoats and similar articles: of man-made fibres, knitted or crocheted demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Specialized
⚖️

Trade Balance Effects

Brazil's trade surplus of $2.11 billion strengthens its overall economic position in this bilateral relationship.

Balance Impact: Export Advantage

Strategic Future Outlook

🚀Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in soya beans: other than seed, whether or not broken present expansion opportunities.
Market Diversification
Beyond current focus on jerseys, pullovers, cardigans, waistcoats and similar articles: of man-made fibres, knitted or crocheted, new product categories offer potential for trade expansion.

⚠️Risk Factors

Supply Chain Vulnerabilities
High trade imbalance may create supply chain risks
Market Competition
Global competition in sugars: cane sugar, raw, in solid form, other than as specified in subheading note 2 to this chapter, not containing added flavouring or colouring matter may affect future market positioning.

🎯Strategic Recommendations

  • Strengthen cooperation in high-value sectors beyond current trade patterns
  • Develop alternative supply chains to reduce dependency risks
  • Explore joint ventures in emerging technology sectors
  • Enhance trade facilitation and reduce transaction costs

Market Position & Competitive Summary

The bilateral trade relationship between Brazil and Bangladesh represents a total trade volume of $2.11 billion in 2023. This partnership demonstrates a favorable trade balance for Brazil, with exports exceeding importsby $2.11 billion.

Export Strengths

Brazil's exports to Bangladesh total $2.11 billion, with competitive advantages in sugars: cane sugar, raw, in solid form, other than as specified in subheading note 2 to this chapter, not containing added flavouring or colouring matter, representing $691.78M or32.8% of bilateral exports.

Import Dependencies

Imports from Bangladesh amount to $0.00, highlighting economic interdependence in jerseys, pullovers, cardigans, waistcoats and similar articles: of man-made fibres, knitted or crocheted, with Jerseys, pullovers, cardigans, waistcoats and similar articles: of man-made fibres, knitted or crocheted comprisingInfinity% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Brazil's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.

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Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023