Brasil Balança Comercial

Brazil's trade surplus plummeted by 41.6% to $5.36 billion in September 2024, as import growth outpaced exports. Exports edged up by just 0.3% year-on-year to $28.79 billion, driven by a sharp 16.8% rise in manufacturing shipments totaling $16.61 billion. However, agricultural exports fell by 12.1% to $5.75 billion, while extractive industry exports plunged by 19.8% to $6.22 billion. In contrast, imports surged 19.9% to $23.43 billion, led by an 18.5% increase in manufacturing purchases to $21.24 billion, a 45.9% jump in extractive industry imports to $1.55 billion, and an 18.9% rise in agricultural imports to $0.46 billion.