The timeline shows the total value of U.S. trade in goods (export and import) with Brazil from 2000 to 2024. In 2024, exports surpassed imports, leading to a positive trade balance of almost **** 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.

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.

The statistic shows Brazil's trade balance of goods from 2013 to 2023. 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 86.99 billion U.S. dollars.

Historical chart and dataset showing Brazil trade balance by year from 1960 to 2023.

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.

Graph and download economic data for International Merchandise Trade Statistics: Trade Balance: Commodities for Brazil (XTNTVA01BRQ667N) from Q1 1971 to Q2 2025 about Brazil, trade, Net, and goods.

Brazil BR: Trade Balance: Advanced Economies: United States data was reported at -954.698 USD mn in Mar 2018. This records a decrease from the previous number of 367.255 USD mn for Dec 2017. Brazil BR: Trade Balance: Advanced Economies: United States data is updated quarterly, averaging -29.450 USD mn from Mar 1960 (Median) to Mar 2018, with 227 observations. The data reached an all-time high of 2.897 USD bn in Sep 2006 and a record low of -4.172 USD bn in Mar 2013. Brazil BR: Trade Balance: Advanced Economies: United States 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: Quarterly.

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 average for 2023 based on 18 countries was -0.68 billion U.S. dollars. The highest value was in Brazil: 52.18 billion U.S. dollars and the lowest value was in Mexico: -24.97 billion U.S. dollars. The indicator is available from 1960 to 2023. Below is a chart for all countries where data are available.

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.

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.

Brazil BR: Trade Balance: Advanced Economies: United States data was reported at -551.580 USD mn in May 2018. This records a decrease from the previous number of -199.762 USD mn for Apr 2018. Brazil BR: Trade Balance: Advanced Economies: United States data is updated monthly, averaging -10.460 USD mn from Jan 1960 (Median) to May 2018, with 678 observations. The data reached an all-time high of 1.065 USD bn in Jul 2004 and a record low of -1.636 USD bn in Jan 2013. Brazil BR: Trade Balance: Advanced Economies: United States 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 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 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.

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.

Graph and download economic data for International Merchandise Trade Statistics: Trade Balance: Commodities for Brazil (XTNTVA01BRM667S) from Jan 1971 to May 2025 about Brazil, trade, Net, and goods.

Net trade in goods and services of Brazil plummeted by 76.97% from 48,997,429,682 US dollars in 2023 to 11,283,090,117 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.

Graph and download economic data for Current Account Balance: Total Trade of Goods for Brazil (DISCONTINUED) (BPBLTD01BRA637S) from 1979 to 2014 about current account, Brazil, BOP, trade, and goods.

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.