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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.
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.
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.
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Imports in Brazil increased to 22255.90 USD Million in April from 21028.60 USD Million in March of 2025. This dataset provides the latest reported value for - Brazil Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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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, 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.
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Key information about Brazil Total Exports
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Graph and download economic data for International Trade: Ratio: Exports to Imports: Total for Brazil (XTEITT01BRQ156N) from Q1 1971 to Q4 2023 about Brazil, ratio, imports, exports, and trade.
Access Brazil export and import statistics, uncover valuable trade insights, and connect with reliable import data providers to support your business decisions.
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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.
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<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.
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Key information about Brazil Total Imports
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<ul style='margin-top:20px;'>
<li>Brazil trade to gdp ratio for 2022 was <strong>38.82%</strong>, a <strong>1.16% increase</strong> from 2021.</li>
<li>Brazil trade to gdp ratio for 2021 was <strong>37.66%</strong>, a <strong>5.35% increase</strong> from 2020.</li>
<li>Brazil trade to gdp ratio for 2020 was <strong>32.30%</strong>, a <strong>3.41% increase</strong> from 2019.</li>
</ul>Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.
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European Union Imports from Brazil was US$49.57 Billion during 2024, according to the United Nations COMTRADE database on international trade. European Union Imports from Brazil - data, historical chart and statistics - was last updated on June of 2025.
The sum of exports and imports of goods and services in Brazil corresponded to almost 34 percent of the country's Gross Domestic Product (GDP) in 2023, The trade-to-GDP ratio has been soaring since 2017.
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Concept: Balance on goods accounts transactions on items that are result of productive activities. Goods are physical, produced items over which ownership rights can be established and whose economic ownership can be passed from one institutional unit to another by engaging in transactions. The Balance on goods is divided in exports and imports. The exports registers the selling of goods from residents to nonresidents and the imports registers the purchases of goods by residents from nonresidents. The trade balance is compiled by the Ministry of Development, Industry and Foreign Trade (MDIC) based on custom records of the Integrated Foreign Trade System (Siscomex), and are adjusted by the Central Bank with the goal of an ampler coverage. Information published by the MDIC are therefore incorporated to electric energy purchases that are not registered on Siscomex. Additionally, exports and imports are adjusted by the inclusion of operations in which the product is traded with a nonresident but doesn’t cross the border of the original country. Lastly, the trade balance incorporates international postal delivery registration. Source: Central Bank of Brazil – Department of Economics 22708-exports---balance-of-payments---monthly 22708-exports---balance-of-payments---monthly
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Key information about Brazil Total Exports
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Graph and download economic data for International Trade: Ratio: Exports to Imports: Total for Brazil (XTEITT01BRM156N) from Jan 1971 to Dec 2023 about Brazil, ratio, imports, exports, and trade.
This timeline shows the total value of U.S. trade in goods (export and import) with Brazil from January 2017 to May 2024. In May 2024, the total value of U.S. trade in goods with Brazil amounted to almost five billion U.S. dollars, 4.1 billion U.S. dollars in exports and 3.7 billion U.S. dollars in imports.
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United States Imports from Brazil was US$44.18 Billion during 2024, according to the United Nations COMTRADE database on international trade. United States Imports from Brazil - data, historical chart and statistics - was last updated on May of 2025.
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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.