War Balance

Does Brazil support Russia? What the money flows show

Brazil's support for Ukraine since 2022: €30m (<0.01% of one year's GDP: its aid, refugee hosting, private donations and its other parts of support, net of money flowing back). Russia kept €10.1bn (0.51% of GDP) more than without the war. The net is 0.51% of a year's GDP toward Russia (likely 0.29% to 0.71% toward Russia; very likely · >99%).

Open in the map →

Toward Russia by

0.51% of a year's GDP since 2022

very likely · >99%

likely 0.29% to 0.71% toward Russia · €10.1bn · ≈ 0.11%/yr

Supported Ukraine + raised Russia's earnings from trade = 0.51% of GDP toward Russia. Mostly toward Russia (mostly more bought from Russia).

Chance toward Russia: >99%; 100% of the other method choices agree.

Support for Ukraine

Supported Ukraine with

<0.01%

€30m

likely <0.01% to 0.01% essentially zero

Russia's earnings from trade

Raised Russia's earnings from trade by

0.51%

€10.1bn

likely 0.29% to 0.71% toward Russia very likely · >99%

Russia kept €10.1bn (0.51% of GDP) more than without the war.

The two lines add up to Russia's earnings from trade; their ranges do not.

Its story in short

What makes up the number

Supported Ukraine with <0.01% · €30m

Its share of IMF and World Bank loansC+<0.01%€32m
Ukraine kept less from sales hereC−<0.01%€2m
Hosting refugeesD+<0.01%€1m

Raised Russia's earnings from trade by 0.51% · €10.1bn

Russia kept more from fuel and goods sold hereC−0.39%€7.6bn
Russia kept more from war-time fuel pricesC−0.10%€2.1bn
Russia kept more from its oil bought via other countriesDown estimate−0.01%€292m
Brazil earned an extra price from Russia because of sanctionsD−<0.01%€121m
Russia kept more from services sold hereC−<0.01%€37m
Brazil kept more from services sold to RussiaC−<0.01%€22m
Brazil kept less from selling to RussiaC+<0.01%€6m

+ toward Ukraine, − toward Russia (in support for Ukraine, − is money it earned back or bought less from Ukraine than without the war). Letters: A reported, B measured estimate, C modelled estimate, D rough indication.

By year

The year with the largest net amount was 2024: −€3.1bn.

YearSupport for UkraineTrade: toward Ukraine (+) / toward Russia (−)NetNet since 2022
2022+€3m−€601m−€598m−0.03%
2023+€9m−€2.8bn−€2.7bn−0.17%
2024+€11m−€3.1bn−€3.1bn−0.33%
2025+€2m−€1.7bn−€1.7bn−0.42%
2026*+€5m−€1.9bn−€1.9bn−0.51%

Each year's amount: + toward Ukraine, − toward Russia. *2026: to August.

Support for Ukraine by type

Brazil's support for Ukraine, 2022 to August 2026, split by type. The parts add up to the map's figure.

Military aid–
Financial aid (incl. IMF and World Bank share)€32mof which its share of IMF and World Bank lending: €32m
Refugee hosting€1m
Private donations and purchases−€3m
Money flowing back−€1msubtracted
Support for Ukraine (the map's figure)€30m

Quality of the split: C No military aid on record outside Kiel's tracker; this does not mean that no military aid was given.

Military aid to Ukraine, every country →

Trade with Russia before and after

It bought €4.8bn from Russia in 2021 and €8bn in 2025 (+69%). It sold €1.3bn to Russia in 2021 and €1.4bn in 2025 (+3%). Before the war (2018–2021), fuel was 15.6% of what it bought from Russia. For Brazil: €2.1bn paid above no-war prices, most of it in 2024. These are sales values at each year's prices; the totals count what the seller kept on them.

What it bought from Russia, by fuel

Brazil's purchases from Russia, 2022 to August 2026, by fuel: by its own customs records (CIF), on the map's basis (the Russian border price, FOB) and by CREA's tracker (ship data). The map's figure is the total on the map's basis.

FuelCustoms (CIF)Map basis (FOB)Tracker (CREA)Quality
Crude oil€0.51bn€0.35bnrange €0.29bn to €0.43bn€90mA
Oil products€21.9bn€18.7bnrange €15.8bn to €21.8bn€23bnA
LNG€35m€32mrange €26m to €38m€35mA
Coal€1.1bn€1bnrange €0.85bn to €1.2bn€0.68bnA
Other goods€22.6bn€20.2bn–
All goods€46.1bn€40.3bn–

Quality by year: 2022: A, 2023: A, 2024: A, 2025: A, 2026, January to August: A. C and D are estimates.

Every buyer, by fuel →

Sanctions on Russia

No. Brazil has not imposed sanctions of its own on Russia, and its government has said so publicly (April 2023). Russia's list of “unfriendly” states does not name Brazil. Checked 27 October 2026.

Sources

Every country's sanctions on Russia →

The cost of switching away from Russian energy

Replacing Russian energy cost it about €0.35bn extra from 2022 (0.02% of one year's GDP). Russian oil bought at a war-time discount saved it about €0.72bn. Neither is in the totals: shown for information.

Refugees from Ukraine

1,669 refugees from Ukraine, 0.0 per 1,000 residents. Refugees counted as of 2025. Counted as support for Ukraine: €1m (<0.01% of one year's GDP), the public cost of hosting refugees from 2022, after the host's gain on the work refugees do. For Brazil: €1m spent on refugees, less <€1m, its gain on the work refugees did here.

Compared with its neighbours and groups

In the map's ranking: number 20 of 32 economies toward Russia, as a share of GDP. BRICS: number 3 of 6 members toward Russia.

Neighbours by land

CountryNet, % of GDP
Bolivia+0.44%+€0.22bnlikely toward Ukraine · 82%
Suriname+0.21%+€8mlikely toward Ukraine · 86%
Colombia+0.15%+€0.52bnlikely toward Ukraine · 95%
Peru+0.07%+€0.19bnessentially zero
Argentina+0.05%+€0.31bnessentially zero
Guyana−<0.01%−<€1messentially zero
Uruguay−0.07%−€50messentially zero
Venezuela−0.11%−€0.11bnnear zero · 71% toward Russia
Paraguay−0.12%−€50mtoo close to call · 55% toward Russia
Brazil−0.51%−€10.1bnvery likely · >99%

In its region, with the same chance and direction: the nearest net shares of GDP

CountryNet, % of GDP
Jamaica−0.49%−€94mvery likely · >99%
Barbados−0.09%−€6mvery likely · >99%

How the number is backed

27 sources back its parts: 8 official statistics, 4 research reports, 0 press reports and 3 of this project's own estimates, plus 12 method inputs. By size, 0% of its parts are reported or measured (A–B), 96% modelled (C) and 4% rough indications (D).

Data coverage

Sources, by part

Russia kept more from fuel and goods sold here C

Russia kept more from war-time fuel prices C

Russia kept more from its oil bought via other countries D

Brazil earned an extra price from Russia because of sanctions D

Russia kept more from services sold here C

Every source of its parts (27)

Questions

Does Brazil support Russia?

In money terms the net is −0.51% of one year's GDP (likely 0.29% to 0.71% toward Russia; very likely · >99%). Chance toward Russia: >99%; 100% of the other method choices agree. Russia kept €10.1bn (0.51% of GDP) more than without the war. Most of this is fuel and food bought from Russia. Fuel is fungible and sold through many traders: the figure reflects what this economy bought, not a policy toward Russia or Ukraine. The number counts money: weapons at their money value; votes, diplomacy and intent are not in it.

Does Brazil trade with Russia?

It bought €8bn from Russia in 2025 (€4.8bn in 2021), and sold €1.4bn to Russia. What counts here is the change in what Russia kept from that trade (taxes and profit, not sales) against a world without the war: Russia kept €10.1bn (0.51% of GDP) more than without the war.

Brazil–Russia relations: what do the numbers show?

In money terms: it bought €8bn from Russia in 2025 (€4.8bn in 2021), and sold €1.4bn to Russia; its support for Ukraine since 2022 is €30m; and the net, with what Russia kept from trade against a world without the war, is −0.51% of one year's GDP (likely 0.29% to 0.71% toward Russia; very likely · >99%). Diplomacy, security ties and politics are not in these numbers.

How much has Brazil given to Ukraine?

Almost nothing that can be measured: €30m since 2022 (<0.01% of one year's GDP).

How does Brazil compare with its neighbours?

The net as a share of one year's GDP: Bolivia +0.44%, Suriname +0.21%, Colombia +0.15%, Peru +0.07%, Argentina +0.05%, Guyana −<0.01%, Uruguay −0.07%, Venezuela −0.11%, Paraguay −0.12%, Brazil −0.51%. In the map's ranking: number 20 of 32 economies toward Russia, as a share of GDP.

Where do the numbers for Brazil come from?

27 sources back its parts, 8 of them official statistics. By part: Russia kept more from fuel and goods sold here: UN Comtrade, IMF trade statistics and Eurostat: goods trade with Russia and Ukraine; Russia kept more from war-time fuel prices: War-time price windfall on Russian fuel: payments minus the same volume at the prices a no-war market expected (pre-invasion forecasts and futures: IMF, World Bank, EIA, ECB, ICE); Russia kept more from its oil bought via other countries: Laundered oil: fuel made from Russian crude, assigned to the final buyer (trading hubs pass on what they resell), valued at the Russian crude inside it. The map's panel lists every one, with its documents.

Does Brazil have sanctions on Russia?

No. Brazil has not imposed sanctions of its own on Russia, and its government has said so publicly (April 2023). Russia's list of “unfriendly” states does not name Brazil. Sources: Reuters, April 2023: Brazil has not joined sanctions (news report) (search summary, to be checked against the official text).

Nearby in the ranking

Toward Russia · number 20 of 32

  1. Comoros−0.48%Toward Russia · −€7m
  2. 22.Jamaica−0.49%Toward Russia · −€94m
  3. 21.South Africa−0.49%Toward Russia · −€1.8bn
  4. 20.Brazil−0.51%Toward Russia · −€10.1bn
  5. 19.Malaysia−0.64%Toward Russia · −€2.5bn
  6. Niue−0.67%Toward Russia · −<€1m
  7. 18.Côte d'Ivoire−0.71%Toward Russia · −€525m

More about Brazil

Groups

Compared with

Its parts, ranked against other countries

Every country, by year

27 sources in all; the map's panel lists every one, with its documents. Open in the map · How this is measured

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Cite as: War Balance, figures to August 2026, https://warbalance.org/country/brazil/