Italy-Brazil Bilateral Trade Analysis 2023
Complete trade statistics: $10.33B total volume •Italy surplus: $1.18B
Italy → Brazil
$5.76B
Exports (2023)
Brazil → Italy
$4.57B
Imports (2023)
Trade Balance
$1.18B
Surplus for Italy
Total Trade
$10.33B
Combined Volume
Trade Flow Visualization
Direct trade relationship between Italy and Brazil. Green line shows exports from Italy, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Italy-Brazil commercial relationship and competitive positioning in global markets.
Italy → Brazil Exports
Export Market Intelligence
🎯 Strategic Export Focus
Italy's export portfolio to Brazil demonstrates strong diversification across multiple sectors, with vaccines: for human medicine representing a key competitive advantage in this bilateral market.
Brazil → Italy Imports
Import Dependency Profile
📦 Import Strategy Analysis
Italy's import pattern from Brazil reveals strategic sourcingin coffee: not roasted or decaffeinated, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Italy demonstrates competitive strength in exportingvaccines: for human medicine to Brazil, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsstrongcomplementarity, with each country specializing in different sectors.
Growth Potential
The $10.33B trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Italy-Brazil Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $10.33 billionrepresenting a significant bilateral economic relationship
- Trade Balance: Italy maintains a surplus of $1.18 billion
- Export Focus: Italy's primary exports include vaccines: for human medicine, vehicle parts and accessories: n.e.c. in heading no. 8708, gears and gearing: (not toothed wheels, chain sprockets and other transmission elements presented separately): ball or roller screws: gear boxes and other speed changers, including torque converters
- Import Dependencies: Key imports from Brazil include coffee: not roasted or decaffeinated, soya beans: other than seed, whether or not broken, wood pulp: chemical wood pulp, soda or sulphate, (other than dissolving grades), semi-bleached or bleached, of non-coniferous wood
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents a significant global 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 $10.33B 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 Italy leveraging its comparative advantages in vaccines: for human medicine.
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
Comparative Advantage
Italy's specialization in vaccines: for human medicinecomplements Brazil's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in coffee: not roasted or decaffeinated.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $10.33B bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $10.33B 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 $10.33 billion bilateral trade volume represents a significant economic factorfor both economies.
Industrial Integration
Trade flows in vaccines: for human medicine and coffee: not roasted or decaffeinated demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Italy's trade surplus of $1.18 billion strengthens its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯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 Italy and Brazil represents a total trade volume of $10.33 billion in 2023. This partnership demonstrates a favorable trade balance for Italy, with exports exceeding importsby $1.18 billion.
Export Strengths
Italy's exports to Brazil total $5.76 billion, with competitive advantages in vaccines: for human medicine, representing $118.95M or2.1% of bilateral exports.
Import Dependencies
Imports from Brazil amount to $4.57 billion, highlighting economic interdependence in coffee: not roasted or decaffeinated, with Coffee: not roasted or decaffeinated comprising15.2% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Italy'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.
Download Bilateral Trade Data
Access detailed trade data between Italy and Brazil in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023