Department for International Trade
Analysis – Statistics Brief
Trade and investment between the United Kingdom andBrazil{data reported by the UK}
GLOBAL STANDING
2016 (latest available rankings)
| Trading partner | Export market | Import market |
|---|---|---|
| 35th largest0.5% of total UK trade | 29th largest0.6% of all UK exports | 37th largest0.4% of all UK imports |
TRADE IN GOODS
The following figures are from the ONS and are on a Balance of Payments (‘change of ownership’) basis
The UK reported a trade in goods surplus with Brazil of £0.2bn, compared to a trade in goods deficit of £0.0bn in 2016.
| Total trade in goods between the UK and Brazil | UK exports of goodsto Brazil | UK imports of goodsfrom Brazil |
|---|---|---|
| £7.6bn( -4.0% decrease from 2016 ) | £3.9bn( -1.0% decrease from 2016 ) | £3.7bn( -6.9% decrease from 2016 ) |
The following figures, on trade in goods only, are from HMRC. They are on a different (i.e. ‘physical movement’) basis than the ONS (‘Balance of Payments’) data which are based on the ‘change of ownership’ criterion. They are not directly comparable with the figures above.
The top 5 UK goods exported to Brazil in 2017 were:
| % of all UK goods exported to Brazil | classification |
|---|---|
| 22.6% | nuclear reactors, boilers, machinery and mechanical appliances; parts thereof |
| 14.2% | pharmaceutical products |
| 9.4% | miscellaneous articles of base metal |
| 7.3% | vehicles other than railway or tramway rolling stock, and parts and accessories thereof |
| 6.3% | organic chemicals |
The top 5 UK goods imported from Brazil in 2017 were:
| % of all UK goods imported from Brazil | classification |
|---|---|
| 24.3% | natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin |
| 11.5% | nuclear reactors, boilers, machinery and mechanical appliances; parts thereof |
| 7.5% | preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates |
| 5.2% | oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruit; industrial or medicinal plants; straw and fodder |
| 5.1% | ores, slag and ash |