Brazil Balance of Trade

Last Release

Dec 31, 2024

Actual

4,803.33

Units In

USD Million

6,873.28

Frequency

Monthly

Next Release

Feb 07, 2025

Time to Release

30 Days 18 Hours

Highest	Lowest	Average	Date Range	Source
11,346.72 May 2023	-4,496.45 Jan 2014	1,169.12 USD Million	1959-2024	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 shrank by 48.5% to $4.8 billion in December 2024, as imports rose and exports fell, though it exceeded expectations of a $3.9 billion surplus. Exports declined 13.5% year-on-year to $24.9 billion, driven by a 34.8% drop in extractive industry shipments to $5 billion and a 23.2% decrease in agricultural exports to $3.98 billion. Meanwhile, imports increased 3.3% to $20.1 billion, led by a 3.3% rise in manufacturing purchases to $18.64 billion and a 25.1% jump in agricultural imports to $0.47 billion.