Brazil: Trade openness

* indicates monthly or quarterly data series
 Brazil

Trade openness: exports plus imports as percent of GDP

 Latest value 33.85
 Year 2023
 Measure percent
 Data availability 1960 - 2023
 Average 16.10
 Min - Max 0.00 - 38.82
 Source The World Bank
The latest value from 2023 is 33.85 percent, a decline from 38.82 percent in 2022. In comparison, the world average is 95.00 percent, based on data from 154 countries. Historically, the average for Brazil from 1960 to 2023 is 16.1 percent. The minimum value, 0 percent, was reached in 1960 while the maximum of 38.82 percent was recorded in 2022. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent data
Brazil - Trade openness - Recent values chart

Historical series
Brazil - Trade openness - historical chart - 1960-2023




Definition: Exports plus imports as percent of GDP.

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 Related indicators Latest Reference Measure
 Terms of trade 123.23 2021 percent
 Trade openness 33.85 2023 percent
 Financial openness -1.242 2021 index points
 Exports, percent of GDP 18.11 2023 percent
 Exports, billion dollars 393.66 2023 billion U.S. dollars
 Growth of exports 1.02 2023 percent
 Imports, percent of GDP 15.74 2023 percent
 Imports, billion dollars 342.21 2023 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 2.95 2023 percent
 Foreign Direct Investment, billion dollars 64.23 2023 billion U.S. dollars
 Portfolio investment inflows, equities -1,124.86 2023 million dollars (current)
 Current account, percent of GDP -1.42 2023 percent
 Current account, in dollars -21.74 2023 billion U.S. dollars
 Current Account, quarterly -3.58 12/2024 percent
 Trade balance, percent of GDP 2.37 2023 percent
 Trade balance, in dollars 52.18 2023 billion U.S. dollars
 Reserves 355.02 2023 billion U.S. dollars
 Remittances, percent of GDP 0.20 2023 percent
 Remittances 4,433.70 2023 million U.S. dollars
 Net errors and omissions 224.15 2023 million USD
 External debt 31.11 2022 percent
 Short-term external debt 13.26 2023 percent
 Short-term debt to reserves 22.67 2023 percent
 Foreign exchange reserves 336.16 3/2025 billion
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