Brazil Balance of Trade

Last Release

Nov 30, 2025

Actual

5,841.9

Units In

USD Million

6,573.72

Frequency

Monthly

Next Release

Jan 06, 2026

Time to Release

1 Months 0 Days 17 Hours

Highest	Lowest	Average	Date Range	Source
11,346.72 May 2023	-4,496.45 Jan 2014	1,225.53 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 surplus narrowed to $5.84 billion in November 2025, from $6.57 billion in October and $6.75 billion in November 2024, as exports rose less than imports. The latest figure came in slightly above market expectations of $5.7 billion. Exports grew 2.4% year-on-year to $28.51 billion, supported by strong sales in agricultural (+25.8%) and manufactured goods (+3.7%), which more than offset a drop in the extractive industry (-14.0%). Meanwhile, imports increased 7.4% to $22.67 billion, driven mainly by higher purchases from the manufacturing sector (+9.3%), as imports from agricultural (-5.4%) and extractive industries (-18.1%) dropped. Among major trading partners, exports to China surged 41%, while imports rose 3.1%. Sales to the US declined 28.1%, while imports climbed 24.5%. For the January-November period, the country’s trade surplus narrowed to $57.84 billion from $69.54 billion in the same period last year.