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 ***** billion U.S. dollars.

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 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.

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'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.

United States Trade Balance: Brazil: sa data was reported at 529.000 USD mn in Aug 2018. This records a decrease from the previous number of 632.000 USD mn for Jul 2018. United States Trade Balance: Brazil: sa data is updated monthly, averaging 768.000 USD mn from Jan 2009 (Median) to Aug 2018, with 116 observations. The data reached an all-time high of 1.923 USD bn in Jul 2013 and a record low of -90.000 USD mn in Oct 2015. United States Trade Balance: Brazil: sa data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.JA010: Trade Statistics: Census Basis: By Country: Trade Balance.

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.

United States Trade Balance: Brazil data was reported at 892.400 USD mn in May 2018. This records an increase from the previous number of 625.600 USD mn for Apr 2018. United States Trade Balance: Brazil data is updated monthly, averaging 49.500 USD mn from Jan 1985 (Median) to May 2018, with 401 observations. The data reached an all-time high of 1.843 USD bn in Oct 2012 and a record low of -1.008 USD bn in Jul 2006. United States Trade Balance: Brazil data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.JA010: Trade Statistics: Census Basis: By Country: Trade Balance.

In 2024, Brazil reported a trade deficit of over ********** U.S. dollars worth of pharmaceutical products, an increase of over ************ U.S. dollars compared to 2014. A year earlier, this trade deficit was equivalent to almost *********** U.S. dollars. During the last year depicted, imports of pharmaceutical products in the country reached a value of over ********** U.S. dollars.

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.

Brazil BR: Trade Balance: Emerging and Developing Economies: Emerging and Developing Asia: American Samoa data was reported at 0.049 USD mn in Dec 2017. This records an increase from the previous number of 0.039 USD mn for Nov 2017. Brazil BR: Trade Balance: Emerging and Developing Economies: Emerging and Developing Asia: American Samoa data is updated monthly, averaging 0.008 USD mn from Dec 1996 (Median) to Dec 2017, with 60 observations. The data reached an all-time high of 0.561 USD mn in Feb 2006 and a record low of -0.167 USD mn in Feb 1997. Brazil BR: Trade Balance: Emerging and Developing Economies: Emerging and Developing Asia: American Samoa 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.

United States US: Trade Balance: Emerging and Developing Economies: Western Hemisphere: Brazil data was reported at 7.650 USD bn in 2017. This records an increase from the previous number of 4.121 USD bn for 2016. United States US: Trade Balance: Emerging and Developing Economies: Western Hemisphere: Brazil data is updated yearly, averaging -107.000 USD mn from Dec 1948 (Median) to 2017, with 70 observations. The data reached an all-time high of 16.462 USD bn in 2013 and a record low of -10.875 USD bn in 2005. United States US: Trade Balance: Emerging and Developing Economies: Western Hemisphere: Brazil data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s USA – Table US.IMF.DOT: Trade Balance: by Country: Annual.

Net trade in goods and services of Brazil plummeted by 76.97% from 48,997,429,682 US dollars in 2023 to 11,283,206,725 US dollars in 2024. Since the 39.51% surge in 2021, net trade in goods and services sank by 26.52% in 2024. Net trade in goods and services is derived by offsetting imports of goods and services against exports of goods and services. Exports and imports of goods and services comprise all transactions involving a change of ownership of goods and services between residents of one country and the rest of the world. Data are in current U.S. dollars.

In 2024, Brazil had a trade deficit of over************ U.S. dollars’ worth of health equipment, the highest negative trade balance reported during the period analyzed. In 2015, this deficit was equivalent to nearly************ U.S. dollars. During the last year examined, imports of health equipment into Brazil reached a value of almost *********** U.S. dollars.

Brazil's total Imports in 2024 were valued at US$277.55 Billion, according to the United Nations COMTRADE database on international trade. Brazil's main import partners were: China, the United States and Germany. The top three import commodities were: Machinery, nuclear reactors, boilers; Mineral fuels, oils, distillation products and Electrical, electronic equipment. Total Exports were valued at US$337.04 Billion. In 2024, Brazil had a trade surplus of US$59.49 Billion.

United States US: Trade Balance: Emerging and Developing Economies: Western Hemisphere: Brazil data was reported at 2.137 USD bn in Mar 2018. This records a decrease from the previous number of 2.548 USD bn for Dec 2017. United States US: Trade Balance: Emerging and Developing Economies: Western Hemisphere: Brazil data is updated quarterly, averaging -15.000 USD mn from Mar 1960 (Median) to Mar 2018, with 233 observations. The data reached an all-time high of 4.797 USD bn in Dec 2012 and a record low of -2.974 USD bn in Dec 2004. United States US: Trade Balance: Emerging and Developing Economies: Western Hemisphere: Brazil data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s USA – Table US.IMF.DOT: Trade Balance: by Country: Quarterly.

In 2024, the United States traded close to 842.55 billion U.S. dollars’ worth of goods with their neighbor. That year, the U.S. imported more goods from Mexico than it exported, leading to a trade deficit, or negative trade balance. Mexico’s imports from the United States The majority of cosmetics and personal care imports to Mexico originated from the U.S., while other Latin American countries, such as Colombia and Brazil, contributed significantly less in terms of import value. When it comes to apparel items, the United States was also among the leading trade partners for Mexico, although far behind China, where Mexico imported nearly all of its clothes from. Leading product categories Mexico exports to the Unites States The United States is Mexico’s most important trading partner when it comes to the export of cosmetics and personal care products. Canada, as the only other non-Latin American country on the list, was also among the leading export destinations. Furthermore, the United States is the main destination country for Mexico’s apparel exports.

The international trade of essential oils accounted for more than US$ 10 billion in 2021, with a growing tendence. USA, China, India, France and Brazil are the main global players. Reliable and comprehensive market data, however, is hard to obtain. Apart from a few government databases dealing with import/export values, information regarding local (national/internal) production and consumption as well as market trends, when available, are for sale, and expensive. Data from the global and Brazilian markets in the last decade were gathered and discussed in this review, with highlights on the balance of trade and the main oils produced in Brazil. As a megadiverse country, opportunities for new essential oils from Brazil do exist, but several obstacles must be overcome, such as legislation compliance, quality, supply and safety assurance, so that the market can be conquered.

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.