Brazil recorded a trade surplus of 5890 USD Million in June of 2025. This dataset provides the latest reported value for - Brazil Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The statistic shows Brazil's trade balance of goods from 2013 to 2023. Trade balance is the value of exported goods minus the value of imported goods. A positive trade balance signifies a trade surplus, while a negative value signifies a trade deficit. In 2023, Brazil's trade surplus amounted to around 86.99 billion U.S. dollars.

Key information about Brazil's Trade Balance

• Brazil's Trade Balance recorded a deficit of 323.7 USD mn in Feb 2025, compared with a surplus of 2.3 USD bn in the previous month
• Brazil's Trade Balance data is updated monthly, available from Jan 1959 to Feb 2025, with an averaged value of 195.6 USD mn
• The data reached an all-time high of 11.0 USD bn in May 2023 and a record low of -4.5 USD bn in Jan 2014

• In the latest reports, Brazil's Total Exports reached 22.9 USD bn in Feb 2025, a decrease of 27.6% YoY (year-on-year)
• Total Imports recorded 23.3 USD bn in Feb 2025, an increase of 27.6% YoY (year-on-year)

Historical chart and dataset showing Brazil trade balance by year from 1960 to 2023.

In 2023, the main trade partner of Brazil was China: trade between both countries exceeded 157 billion U.S. dollars. Furthermore, the South American economy registered a trade surplus of 51 billion dollars with China. The United States ranked as the second most important trade partner, although in this case Brazil had a trade deficit.

Graph and download economic data for International Merchandise Trade Statistics: Trade Balance: Commodities for Brazil (XTNTVA01BRQ667N) from Q1 1971 to Q1 2025 about Brazil, trade, Net, and goods.

The inorganic sector of Brazil's chemical industry had the highest trade deficit of 16.4 billion euros. No sectors within Brazil's chemical industry were able to achieve a trade surplus, with both pharmaceutical chemicals and petrochemicals also showing trade deficits of 11.8 billion euros and 7.3 billion euros, respectively.

Brazil's total Exports in 2024 were valued at US$337.04 Billion, according to the United Nations COMTRADE database on international trade. Brazil's main export partners were: China, the United States and Argentina. The top three export commodities were: Mineral fuels, oils, distillation products; Oil seed, oleagic fruits, grain, seed, fruits and Ores slag and ash. Total Imports were valued at US$277.55 Billion. In 2024, Brazil had a trade surplus of US$59.49 Billion.

Graph and download economic data for International Merchandise Trade Statistics: Trade Balance: Commodities for Brazil (XTNTVA01BRM667S) from Jan 1971 to May 2025 about Brazil, trade, Net, and goods.

The timeline shows the total value of U.S. trade in goods (export and import) with Brazil from 2000 to 2023. In 2023, exports surpassed imports, leading to a positive trade balance of almost * billion U.S. dollars.

Brazil Trade Balance: North data was reported at 6,590,987.340 USD th in 2018. This records a decrease from the previous number of 6,805,138.951 USD th for 2017. Brazil Trade Balance: North data is updated yearly, averaging 1,909,804.249 USD th from Dec 1998 (Median) to 2018, with 21 observations. The data reached an all-time high of 6,805,138.951 USD th in 2017 and a record low of -887,574.463 USD th in 2000. Brazil Trade Balance: North data remains active status in CEIC and is reported by Ministry of Development, Industry And Trade. The data is categorized under Brazil Premium Database’s Foreign Trade – Table BR.JAL001: Trade Statistics: Trade Balance: by Region.

Since 2009, Brazil has experienced successive trade deficits with the US. This indicates that Brazil has spent more on imports than it has earned on exports. In 2024, the trade deficit was 0.25 billion U.S. dollars.

Brazil Trade Balance: Southeast: Minas Gerais data was reported at 14,893,574.299 USD th in 2018. This records a decrease from the previous number of 18,003,531.875 USD th for 2017. Brazil Trade Balance: Southeast: Minas Gerais data is updated yearly, averaging 12,131,224.993 USD th from Dec 1998 (Median) to 2018, with 21 observations. The data reached an all-time high of 28,330,629.472 USD th in 2011 and a record low of 3,047,932.759 USD th in 2001. Brazil Trade Balance: Southeast: Minas Gerais data remains active status in CEIC and is reported by Ministry of Development, Industry And Trade. The data is categorized under Brazil Premium Database’s Foreign Trade – Table BR.JAL001: Trade Statistics: Trade Balance: by Region.

Historical dataset showing Brazil trade balance by year from 1960 to 2023.

In 2023, the trade balance of the Brazilian textile and apparel industry amounted to a deficit of roughly 5.6 billion U.S. dollars. The balance of trade of textiles and clothing in Brazil saw negative numbers throughout the 2010s, registering its highest deficit in 2014, with imports surpassing exports by nearly six billion U.S. dollars.

In 2023, Brazil’s number one most exported product was soybean. This agricultural product contributed roughly ** billion U.S. dollars to the Brazilian total export value. At around **** billion dollars, crude petroleum oils and oils from bituminous minerals were the second-most exported product group in Brazil. It was followed by iron ore that made up approximately **** billion dollars of the exported value for this South American country. Brazil’s leading trade partners Brazil’s leading trade partners in 2023 were spread across four continents – North America, South America, Europe, and Asia. China was by far the main trade partner of Brazil, both in terms of import and export, exceeding a total trade value of 150 billion U.S. dollars. The distribution, however, was rather uneven, as the export value exceeded the import value significantly. In the case of the United States, this distribution was more balanced, as Brazil only imported slightly more than it exported. Except for Brazil’s economic recession in the mid-2010s, the total value of U.S. trade in goods with Brazil has remained strong and improved continuously over the last 20 years. Brazil’s trade balance and GDP When looking at the trade balance of goods in Brazil over the past decade, the South American country only registered a trade deficit (negative trade balance) in 2013 and 2014. The remaining years, albeit showing fluctuations, the nation generated a trade surplus (positive trade balance). In addition to a stable trade balance, Brazil is the country with the highest gross domestic product in Latin America and the Caribbean, further demonstrating its economic strength.

Brazil recorded a Current Account deficit of 2930 USD Million in May of 2025. This dataset provides the latest reported value for - Brazil Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In 2023, Brazil's exports to China exceeded its imports by roughly 48.3 billion U.S. dollars. In that year, the value of products exported from Brazil to the Asian country reached nearly 105 billion U.S. dollars, an increase of about 14.6 billion U.S. dollars in comparison to the previous year. Meanwhile, imports totaled approximately 56 billion U.S. dollars.

Extra-Euro Area trade: Trade balance in partnership with Brazil was EUR-3225.70 Million in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Extra-Euro Area trade: Trade balance in partnership with Brazil - last updated from the EUROSTAT on June of 2025. Historically, Extra-Euro Area trade: Trade balance in partnership with Brazil reached a record high of EUR5464.30 Million in December of 2013 and a record low of EUR-7481.10 Million in December of 2022.

Brazil BR: Trade Balance: Other Countries Not Elsewhere Classified: Cuba data was reported at 12.969 USD mn in May 2018. This records a decrease from the previous number of 15.294 USD mn for Apr 2018. Brazil BR: Trade Balance: Other Countries Not Elsewhere Classified: Cuba data is updated monthly, averaging 6.622 USD mn from Jan 1960 (Median) to May 2018, with 396 observations. The data reached an all-time high of 70.888 USD mn in Apr 2011 and a record low of -36.001 USD mn in Apr 1990. Brazil BR: Trade Balance: Other Countries Not Elsewhere Classified: Cuba data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Brazil – Table BR.IMF.DOT: Trade Balance: by Country: Monthly.