Brazil Balance of Trade

Last Release

May 31, 2025

Actual

7,240

Units In

USD Million

7,640

Frequency

Monthly

Next Release

Jul 04, 2025

Time to Release

26 Days 11 Hours

Highest	Lowest	Average	Date Range	Source
11,346.72 May 2023	-4,496.45 Jan 2014	1,192.62 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 recorded a trade surplus of $7.24 billion in May 2025, down from the April surplus of $7.64 billion and fell short of market expectations of $8.4 billion. Exports fell 0.1% yoy to $30.16 billion, with Agriculture down 0.6%, Extractive Industry down 6.6%, and Manufacturing up 3.4%. Meanwhile, imports increased 4.7% to $22.92 billion, driven by Manufacturing (9.5%), despite Agriculture (-0.6%) and Extractive Industry (-45.9%) contracting. Among the largest trade partners, exports to Argentina jumped 67.4% while imports rose 3.9%, resulting in a $0.54 billion surplus. Exports to China, Hong Kong and Macau fell 0.5% as imports rose 18.8%, generating a $4.14 billion surplus. Sales to the US grew 11.5% even as imports fell 5.0%, resulting in a $0.02 billion deficit. Considering the first five months of the year, exports declined 0.9% while imports jumped 9.2%, leading to a trade surplus of $24.43 billion.