Brazil Balance of Trade

Last Release

Feb 28, 2025

Actual

-300

Units In

USD Million

2,260,000,000

Frequency

Monthly

Next Release

Apr 04, 2025

Time to Release

25 Days 11 Hours

Highest	Lowest	Average	Date Range	Source
2,260,000,000 Jan 2025	-4,496.45 Jan 2014	2,847,513.4 USD Million	1959-2025	N/A

From 2001 to 2012 and 2015 to 2017 Brazil has reported trade surpluses, primarily due to high export of mining and agricultural products. In 2018, the biggest trade surpluses were reported with China, the Netherlands, Argentina, Chile, Iran and Spain while the largest trade deficits were recorded with Germany, South Korea, Russia, Switzerland Algeria and France.

Latest Updates

Brazil's trade balance swung to a deficit of $0.3 billion in February 2024, missing expectations of a $1.9 billion surplus and marking the first trade gap since early 2022, as imports surged while exports declined. Exports fell by 1.8% year-on-year to $22.93 billion, driven by a 26.4% plunge in extractive industry shipments to $4.25 billion, while manufactured goods rose 8.1% to $13.66 billion, and agricultural exports edged up 1.3% to $4.88 billion. Meanwhile, imports jumped 27.6% to $23.25 billion, led by a 31.0% increase in manufacturing purchases to $21.64 billion and a 30.4% rise in agricultural imports to $0.53 billion.