In 2023, Brazil’s number one most exported product was soybean. This agricultural product contributed roughly 53 billion U.S. dollars to the Brazilian total export value. At around 42.6 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 30.6 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.

Exports in Brazil increased to 30409.20 USD Million in April from 28785.60 USD Million in March of 2025. This dataset provides the latest reported value for - Brazil Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The statistic shows the value of exports of goods from Brazil from 2013 to 2023. In 2023, goods with a value of around 339.7 billion U.S. dollars were exported from Brazil. Brazil's recent trade deficit Brazil is the largest Portuguese speaking nation in the world and the largest nation by population and area in South America and the Latin American region. Brazil is a member of the BRIC group, made up of the four fastest growing major economies: Brazil, Russia, India, and China. Addtionally, it is also a founding member of the United Nations and a member of the G20. Brazil has the seventh largest economy in the world. Its gross domestic product amounted to over 2.24 trillion U.S. dollars in 2014. The country's population is steadily growing, so, in order to provide for this increasing number of inhabitants, Brazil has to make sure its economy remains stable. Thus, it relies heavily on trade of goods. In 2014, Brazil exported goods with a value of around 225 billion U.S. dollars. The most important export partner for Brazil is China with a share of 17 percent of the Brazilian exports (as of 2012). While the value of exported goods is remarkably high, the value of imported goods is even higher: In 2014, Brazil imported goods with a value of around 240 billion U.S. dollars. As a result of the higher value of imported goods, the nation experienced a trade deficit in 2013 for the first time after a decade of trade surplus; the deficit got even more pronounced in 2014, figures for the next few years are yet to be published.

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.

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.

Brazil Exports to United States was US$40.92 Billion during 2024, according to the United Nations COMTRADE database on international trade. Brazil Exports to United States - data, historical chart and statistics - was last updated on June of 2025.

Brazil exports for 2023 were 393.66 billion US dollars, a 2.73% increase from 2022.

<ul style='margin-top:20px;'>

<li>Brazil exports for 2022 were <strong>383.18 billion US dollars</strong>, a <strong>20.02% increase</strong> from 2021.</li>
<li>Brazil exports for 2021 were <strong>319.25 billion US dollars</strong>, a <strong>31.45% increase</strong> from 2020.</li>
<li>Brazil exports for 2020 were <strong>242.87 billion US dollars</strong>, a <strong>8.2% decline</strong> from 2019.</li>
</ul>Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.

Graph and download economic data for International Merchandise Trade Statistics: Exports: Commodities for Brazil (XTEXVA01BRM667S) from Jan 1964 to Apr 2025 about Brazil, exports, trade, and goods.

Brazil BR: Exports: Goods: by Reporting Economy data was reported at 339.274 USD bn in 2023. This records an increase from the previous number of 334.292 USD bn for 2022. Brazil BR: Exports: Goods: by Reporting Economy data is updated yearly, averaging 32.592 USD bn from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 339.274 USD bn in 2023 and a record low of 1.119 USD bn in 1962. Brazil BR: Exports: Goods: by Reporting Economy data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Brazil – Table BR.World Bank.WDI: Exports. Merchandise exports by the reporting economy are the total merchandise exports by the reporting economy to the rest of the world, as reported in the IMF's Direction of trade database. Data are in current US$.;World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.;Sum;

This statistic shows the most important export partner countries for Brazil in 2023. In 2023, the main export partner country of Brazil was China with a share of 30 percent in exports.

China is by far the leading country of destination for soybean exports from Brazil. In 2023, the Asian country accounted for 73 percent of the Brazilian soybean export value, which totaled some 53.2 billion U.S. dollars. Argentina trailed in second, as the destination for around four percent of the export value.

Meeting China's demand

China is the leading importer of soybeans worldwide, with high demand for feeding livestock and producing soybean cooking oil. In 2022, Brazil ranked as China's largest soybean supplier, providing nearly two thirds of the Asian country's imports of this oilseed. The South American country has recently benefitted from escalating trade wars between China and the U.S., which have led Chinese food and agricultural industries to seek out an alternative supplier.

Growing market for Brazilian soybeans

As soybean exports to China strongly increased from 2016 to 2023, Brazil's soybean exports reached an all-time peak in 2023 & more than double that of the first period observed. And this trend shows no sign of subsiding. As of 2023, Brazil has outpaced the United States to become the leading producer of this oilseed worldwide, with its area planted with soybean rising every year of the past decade.

Graph and download economic data for International Merchandise Trade Statistics: Exports: Commodities for Brazil (XTEXVA01BRQ667N) from Q1 1964 to Q1 2025 about Brazil, exports, trade, and goods.

Exports: ISIC Group: fob: Chile: Extraction of Natural Gas data was reported at 0.000 USD mn in May 2005. Exports: ISIC Group: fob: Chile: Extraction of Natural Gas data is updated monthly, averaging 0.000 USD mn from May 2005 (Median) to May 2005, with 1 observations. Exports: ISIC Group: fob: Chile: Extraction of Natural Gas data remains active status in CEIC and is reported by Special Secretariat for Foreign Trade and International Affairs. The data is categorized under Brazil Premium Database’s Foreign Trade – Table BR.ISIC: Main Trading Partners: Group: Exports: Value.

In 2024, exports of the agribusiness in Brazil amounted to around 140 billion U.S. dollars. China was the leading country of destination, representing about one third of Brazil's agribusiness exports. The European Union was the second most important destination, accounting for almost 20 billion dollars worth of exports.

Brazil Exports to China was US$94.41 Billion during 2024, according to the United Nations COMTRADE database on international trade. Brazil Exports to China - data, historical chart and statistics - was last updated on June of 2025.

Graph and download economic data for International Trade: Exports: Value (Goods): Total for Brazil (XTEXVA01BRA188S) from 1996 to 2022 about Brazil, exports, trade, and goods.

Brazil export data: Discover the diverse economy of the biggest South American country, famed for soybeans, iron ore, and cars.

In 2023, Brazil's main export partner for beef and veal was China, with around 5.7 billion U.S. dollars worth of the product exported that year. In comparison, exports of beef and veal from Brazil to the European Union attained a value of about 554 million U.S. dollars that year.

In 2023, Argentina was the leading destination for automotive exports from Brazil, accounting for nearly 26 percent of the export value. The U.S. ranked second, representing almost 17.6 percent of exports in value. That year, automotive exports from Brazil added up to roughly 21.3 billion U.S. dollars.

China is by far the leading destination of Brazilian crude oil exports, accounting for over 44 percent of Brazil's shipments in 2023. The United States trailed in second, concentrating some 13 percent of Brazilian crude oil exports. That same year, the total crude oil exported from Brazil was valued at almost 45 billion U.S. dollars.