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.
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Exports in Brazil decreased to 29146.70 USD Million in June from 30156.20 USD Million in May 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.
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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, 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.
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Key information about Brazil Total Exports
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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 August of 2025.
The statistic shows the value of exports of goods from Brazil from 2014 to 2024. In 2024, goods with a value of around ****** billion U.S. dollars were exported from Brazil.
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Exports: ISIC Group: fob: Argentina: Creative, Arts & Entertainment Activities data was reported at 0.811 USD mn in Oct 2024. This records an increase from the previous number of 0.001 USD mn for Aug 2024. Exports: ISIC Group: fob: Argentina: Creative, Arts & Entertainment Activities data is updated monthly, averaging 0.010 USD mn from Apr 1997 (Median) to Oct 2024, with 85 observations. The data reached an all-time high of 4.747 USD mn in Aug 2022 and a record low of 0.000 USD mn in Nov 2021. Exports: ISIC Group: fob: Argentina: Creative, Arts & Entertainment Activities 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.
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Exports: ISIC Group: fob: Argentina: Processing & Preserving of Meat data was reported at 21.347 USD mn in Mar 2025. This records an increase from the previous number of 21.140 USD mn for Feb 2025. Exports: ISIC Group: fob: Argentina: Processing & Preserving of Meat data is updated monthly, averaging 7.530 USD mn from Jan 1997 (Median) to Mar 2025, with 339 observations. The data reached an all-time high of 22.028 USD mn in Sep 2018 and a record low of 0.843 USD mn in Jul 2002. Exports: ISIC Group: fob: Argentina: Processing & Preserving of Meat 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.
Together, wheat and meslin were by far the most exported agricultural products from Argentina to Brazil, with a volume attaining around *** million metric tons in 2022. Other grains such as barley, and malt followed, with exports of approximately *** and *** thousand metric tons, respectively. That year, Brazil was one of Argentina's main export partners for agricultural products.
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Exports: ISIC Group: fob: Argentina: Casting of Metals data was reported at 0.204 USD mn in Feb 2025. This records a decrease from the previous number of 0.270 USD mn for Jan 2025. Exports: ISIC Group: fob: Argentina: Casting of Metals data is updated monthly, averaging 0.468 USD mn from Jan 1997 (Median) to Feb 2025, with 338 observations. The data reached an all-time high of 5.491 USD mn in Jun 2015 and a record low of 0.049 USD mn in Feb 2002. Exports: ISIC Group: fob: Argentina: Casting of Metals 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.
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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 August of 2025.
Argentina was the main destination country for textile and apparel exports from Brazil in 2023, with a value of over *** million U.S. dollars. Paraguay and Uruguay were the second and third most important export partners for the Brazilian textile and clothing industry that year, making up *** and ** million U.S. dollars in exports, respectively.
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Exports: ISIC Group: fob: Argentina: Manufacture of Coke Oven Products data was reported at 0.000 USD mn in Mar 2023. This records a decrease from the previous number of 0.029 USD mn for Feb 2023. Exports: ISIC Group: fob: Argentina: Manufacture of Coke Oven Products data is updated monthly, averaging 0.041 USD mn from Jun 1997 (Median) to Mar 2023, with 60 observations. The data reached an all-time high of 4.237 USD mn in Oct 2016 and a record low of 0.000 USD mn in Nov 2003. Exports: ISIC Group: fob: Argentina: Manufacture of Coke Oven Products 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.
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 ** percent of the Brazilian soybean export value, which totaled some **** billion U.S. dollars. Argentina trailed in second, as the destination for around **** 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 ********** 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.
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Exports: ISIC Class: fob: Argentina: Manufacture of Air & Spacecraft & Related Machinery data was reported at 0.358 USD mn in Feb 2025. This records an increase from the previous number of 0.037 USD mn for Jan 2025. Exports: ISIC Class: fob: Argentina: Manufacture of Air & Spacecraft & Related Machinery data is updated monthly, averaging 0.114 USD mn from Jan 1997 (Median) to Feb 2025, with 324 observations. The data reached an all-time high of 145.034 USD mn in Dec 2010 and a record low of 0.000 USD mn in Nov 2018. Exports: ISIC Class: fob: Argentina: Manufacture of Air & Spacecraft & Related Machinery 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: Class: Exports: Value.
Brazil and the United States have enjoyed a long trading relationship. In the first half of 2025, Brazil's main exports to the U.S. were crude petroleum oils and iron or steel products, accounting for **** billion and **** billion U.S. dollars, respectively.
In 2023, the exports of primary products as a share of total exports in Brazil stood at approximately 75.90 percent. Between 1962 and 2023, the figure dropped by around 21.03 percentage points, though the decline followed an uneven course rather than a steady trajectory.
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Brazil Exports to United Kingdom was US$3.13 Billion during 2024, according to the United Nations COMTRADE database on international trade. Brazil Exports to United Kingdom - data, historical chart and statistics - was last updated on August of 2025.
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.