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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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.
With a total trade volume of 5.9 billion U.S. dollars, Brazil ranked as the most important trade partner of Argentina in the first quarter of 2024. During that same period, Argentina's largest trade deficit was with China, as the balance reached -1,158 million dollars.
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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.
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.
The United States was the leading destination country for health equipment exported from Brazil in 2024. That year, the South American nation exported over *********** U.S. dollars worth of health equipment to its North American partner. Meanwhile, Mexico ranked second, with an export value of about ********** U.S. dollars.
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Brazil Imports from Indonesia was US$2.04 Billion during 2024, according to the United Nations COMTRADE database on international trade. Brazil Imports from Indonesia - data, historical chart and statistics - was last updated on July of 2025.
Russia's leading five export partners in 2023 were China, India, Turkey, Kazakhstan, and Brazil. The value of total exports from Russia to its major trade partner — China — exceeded 128 billion U.S. dollars. Trade between Russia and China China was not only the leading export destination of Russian commodities, but also the major import partner of the country. Prior to 2018, the value of Russian imports from China prevailed the Russian exports’ worth to the country. It was in 2018 when for the first time, the trade balance of Russia with China turned positive and amounted to about 3.8 billion U.S. dollars. Russia's primary export goods, mineral and energy products, were also the most imported commodities by China from the country. Russian trade with Europe Trade flows between Russia and the EU have been in decline over the past years. In 2023, the EU export value to Russia exceeded 38 billion U.S. dollars — roughly 12 billion U.S. dollars below the EU imports’ worth from Russia in that year. Germany was the major importer of Russian goods in the region.
This statistic shows the leading trade partners of Brazil for the import of toy, games, and sports equipment in 2023, by trade value. In 2023, China was the biggest trade partner for Brazil's toys and games imports, with an import value of over *** million U.S. dollars. Vietnam ranked second with the import value amounting to about **** million U.S. dollars.
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Argentina's total Exports in 2024 were valued at US$79.70 Billion, according to the United Nations COMTRADE database on international trade. Argentina's main export partners were: Brazil, the United States and Chile. The top three export commodities were: Commodities not specified according to kind; Cereals and Residues, wastes of food industry, animal fodder. Total Imports were valued at US$60.78 Billion. In 2024, Argentina had a trade surplus of US$18.93 Billion.
The United States was the leading country of origin of Brazil's pharmaceutical products' imports in 2024, with a value of approximately *********** U.S. dollars. Germany ranked second, with *********** U.S. dollars. That year, Brazil's imports in the pharmaceutical market amounted to approximately ********** U.S. dollars.
The United States is the leading country of origin for Brazil's coal imports, accounting for nearly ** percent of the total import value in 2024. Australia ranked second – representing around ** percent of Brazilian imports – followed by Colombia and Russia. That year, total coal imports in Brazil were valued at **** billion U.S. dollars.
During the 2023/24 period, global coffee imports amounted to a total of *** million 60-kilogram bags. In the same period, around *** million bags were exported worldwide. Coffee export countries In February 2024, Brazil exported the highest volume of coffee worldwide. The country exported roughly *** million 60-kilo bags that month. Vietnam and Colombia stood in second and third place, exporting approximately *** and *** million sacks, respectively. In terms of global coffee production, Brazil also led the list, producing ** million 60-kilo bags worth of coffee in 2020. Brazil produced over twice as much as Vietnam that year. Brazilian green coffee Brazil, which is known as one of the top coffee exporting countries worldwide, produced the highest volume of green coffee in Latin America by far in 2024/25. The South American country produced almost ** million 60-kilogram sacks of green coffee that year. Colombia ranked second, producing just over ** million green coffee bags.
In 2024, 20 percent of steel and steel product imports to the United States came from Canada, which made Canada the largest trade partner of the U.S. Brazil ranked as the second-largest trading partner: the country only accounted for 13 percent of all steel and steel product imports.
In 2024, the United States was the leading country of origin for health equipment imported into Brazil, with a total import value of around *********** U.S. dollars. China was the second most important trade partner, with an import value of almost *********** U.S. dollars. Meanwhile, the United States also led the ranking of health equipment exported from Brazil that same year.
Chile is, by far, the leading country of origin of wine imported in Brazil. In 2022, over 40 percent of Brazil's wine imports came from the Andean country, whereas another 20 percent came from neighboring Argentina. Portugal ranked third, with an import value share of 14.2 percent.
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Brazil Imports from Canada was US$3.03 Billion during 2024, according to the United Nations COMTRADE database on international trade. Brazil Imports from Canada - data, historical chart and statistics - was last updated on July of 2025.
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Since China’s ban on recovered paper imports came into force in 2021, the U.S. offset losses from reduced trade with China by redirecting export flows to India, Thailand, Vietnam, Brazil, Singapore, Malaysia and some other countries. In the first seven months of 2021, American exports reached $1.9B, picking up +44% against the same period in 2020. India topped the ranking of major importers of recovered paper from the U.S., taking the place of the last year’s leader, China. Compared to other leading importers, Brazil recorded the highest spike in recovered paper purchases from the U.S.
In 2023, Côte d'Ivoire was the leading country of origin for cocoa and cocoa products imports into Brazil, with an import value of over *** million U.S. dollars. Ranking second was Argentina, with ***** million U.S. dollars.
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.