Brazil's trade with Italy in 2024 registered a deficit of US$ 1.92 billion, reflecting total trade of US$ 10.86 billion. Exports reached US$ 4.47 billion, while imports amounted to US$ 6.39 billion.
The trade structure highlights Brazil's specialization in primary products and commodities. Coffee, wood pulp, and soybeans dominate exports, underscoring the agricultural and resource-based nature of this commercial relationship. Conversely, Italy's exports to Brazil are concentrated in manufactured goods, particularly pharmaceuticals, vehicle parts, and machinery, indicating a demand for higher value-added products. Browse the SH4 chapters below to drill into a specific commodity.
| # | SH4 | Description | FOB | Weight | Avg. price |
|---|---|---|---|---|---|
| 1 | Coffee, whether or not roasted or decaffeinated; coffee husks and skins; coffee substitutes containing coffee in any proportion |
| US$ 565.5 M |
| 80.4 kt |
| US$ 7.035/kg |
| 2 | 4703 | Chemical wood pulp, soda or sulphate, other than dissolving grades | US$ 410.8 M | 846.0 kt | US$ 0.486/kg |
| 3 | 2709 | Crude oil from petroleum and bituminous minerals | US$ 353.4 M | 686.1 kt | US$ 0.515/kg |
| 4 | 1201 | Soya beans, whether or not broken | US$ 169.1 M | 421.8 kt | US$ 0.401/kg |
| 5 | 7108 | Gold (including gold plated with platinum), unwrought or in semi-manufactured forms, or in powder form | US$ 106.4 M | 759 kg | US$ 140,160.108/kg |
| 6 | 0202 | Meat of bovine animals, frozen | US$ 88.5 M | 12.0 kt | US$ 7.383/kg |
| 7 | 2601 | Iron ores and concentrates, including roasted iron pyrites | US$ 52.7 M | 615.9 kt | US$ 0.086/kg |
| 8 | 2304 | Soybean oilcake and other solid residue, wh/not ground | US$ 48.5 M | 139.5 kt | US$ 0.348/kg |
| 9 | 7202 | Ferro-alloys | US$ 47.0 M | 12.5 kt | US$ 3.754/kg |
| 10 | 7201 | Pig iron and spiegeleisen in pigs, blocks or other primary forms | US$ 43.6 M | 102.0 kt | US$ 0.427/kg |
| 11 | 4401 | Fuel wood, in logs, in billets, in twigs, in faggots or in similar forms; wood in chips or particles; sawdust and wood waste and scrap, whether or not agglomerated in logs, briquettes, pellets or similar forms | US$ 37.3 M | 170.7 kt | US$ 0.219/kg |
| 12 | 2710 | Petroleum oils and oils obtained from bituminous minerals, other than crude; preparations not elsewhere specified or included, containing by weight 70 % or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic con | US$ 36.4 M | 42.5 kt | US$ 0.858/kg |
| 13 | 4104 | Tanned or crust hides and skins of bovine (including buffalo) or equine animals, without hair on, whether or not split, but not further prepared | US$ 32.5 M | 31.4 kt | US$ 1.033/kg |
| 14 | 2506 | Quartz (other than natural sands); quartzite, whether or not roughly trimmed or merely cut, by sawing or otherwise, into blocks or slabs of a rectangular (including square) shape | US$ 26.9 M | 38.2 kt | US$ 0.704/kg |
| 15 | 4804 | Uncoated kraft paper and paperboard, in rolls or sheets, other than that of heading No 4802 or 4803 | US$ 25.5 M | 39.4 kt | US$ 0.647/kg |
| # | SH4 | Description | FOB | Weight | Avg. price |
|---|---|---|---|---|---|
| 1 | 3004 | Medicaments (excluding goods of heading 3002, 3005 or 3006) consisting of mixed or unmixed products for therapeutic or prophylactic uses, put up in measured doses (including those in the form of transdermal administration systems) or in forms or packings | US$ 319.0 M | 1.0 kt | US$ 305.928/kg |
| 2 | 3002 | Human blood; animal blood prepared for therapeutic, prophylactic or diagnostic uses; antisera and other blood fractions and modified immunological products, whether or not obtained by means of biotechnological processes; vaccines, toxins, cultures of micr | US$ 155.7 M | 260 t | US$ 600.020/kg |
| 3 | Parts and accessories of the motor vehicles of heading 8701 to 8705 | US$ 143.7 M | 14.3 kt | US$ 10.081/kg | |
| 4 | Transmission shafts (including cam shafts and crank shafts) and cranks; bearing housings and plain shaft bearings; gears and gearing; ball or roller screws; gear boxes and other speed changers, including torque converters; flywheels and pulleys, including | US$ 71.6 M | 4.6 kt | US$ 15.527/kg | |
| 5 | Machines and mechanical appliances having individual functions, not specified or included elsewhere in this chapter | US$ 62.5 M | 2.8 kt | US$ 22.096/kg | |
| 6 | Other aircraft (for example, helicopters, aeroplanes); spacecraft (including satellites) and suborbital and spacecraft launch vehicles | US$ 61.1 M | 23 t | US$ 2,618.870/kg | |
| 7 | Dishwashing machines; machinery for cleaning or drying bottles or other containers; machinery for filling, closing, sealing or labelling bottles, cans, boxes, bags or other containers; machinery for capsuling bottles, jars, tubes and similar containers; o | US$ 56.0 M | 651 t | US$ 85.980/kg | |
| 8 | Taps, cocks, valves and similar appliances for pipes, boiler shells, tanks, vats or the like, including pressure-reducing valves and thermostatically controlled valves | US$ 55.1 M | 1.2 kt | US$ 47.829/kg | |
| 9 | Compression-ignition internal combustion piston engines (diesel or semi-diesel engines) | US$ 53.5 M | 3.1 kt | US$ 17.114/kg | |
| 10 | Parts suitable for use solely or principally with the machinery of headings 8425 to 8430 | US$ 48.6 M | 7.5 kt | US$ 6.526/kg | |
| 11 | Parts suitable for use solely or principally with the engines of heading No 8407 or 8408 | US$ 47.4 M | 2.2 kt | US$ 21.968/kg | |
| 12 | Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 8702), including station wagons and racing cars | US$ 40.7 M | 214 t | US$ 189.832/kg | |
| 13 | Centrifuges, including centrifugal dryers; filtering or purifying machinery and apparatus, for liquids or gases | US$ 38.3 M | 1.6 kt | US$ 23.744/kg | |
| 14 | Screws, bolts, nuts, coach screws, screw hooks, rivets, cotters, cotter-pins, washers (including spring washers) and similar articles, of iron or steel | US$ 37.6 M | 5.2 kt | US$ 7.254/kg | |
| 15 | Machinery for working rubber or plastics or for the manufacture of products from these materials, not specified or included elsewhere in this chapter | US$ 31.7 M | 1.0 kt | US$ 30.320/kg |
In 2024, Brazil's top export to Italy was coffee (SH4 0901), valued at US$ 954 million FOB. This was followed by chemical wood pulp (SH4 4703) at US$ 931 million and soya beans (SH4 1201) at US$ 407 million.
The trade balance between Brazil and Italy in 2024 was a deficit of US$ 1.92 billion for Brazil. Brazil's exports to Italy totaled US$ 4.47 billion, while imports from Italy reached US$ 6.39 billion.
The leading import category from Italy in 2024 was medicaments (SH4 3004), amounting to US$ 419 million FOB. This was followed by parts and accessories for motor vehicles (SH4 8708) at US$ 361 million.
The total trade value between Brazil and Italy in 2024 reached US$ 10.86 billion. This figure comprises US$ 4.47 billion in Brazilian exports and US$ 6.39 billion in Brazilian imports.
Beyond coffee, Brazil's significant primary exports to Italy in 2024 include chemical wood pulp (SH4 4703) at US$ 931 million FOB, and soya beans (SH4 1201) at US$ 407 million. Crude oil (SH4 2709) also featured, valued at US$ 342 million.
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