Brazil's trade surplus widened to USD 6.2 billion in September of 2020 from USD 3.8 billion in the corresponding month of the previous year but below market expectations of USD 7.1 billion. When adjusted for the working day average, exports declined 9.1 percent from a year earlier to USD 18.5 billion, while imports fell 25.5 percent to USD 12.3 billion. Among major trading partners, exports dropped to the EU (-43.6 percent) and the US (-23.9 percent) while shipments to Asia jumped 9.1 percent. Imports dropped to Asia (-0.5 percent), the EU (-18.7 percent) and the US (-26.6 percent).

Balance of Trade in Brazil averaged 966.53 USD Million from 1959 until 2020, reaching an all time high of 8060 USD Million in July of 2020 and a record low of -4068.90 USD Million in January of 2014. This page 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. Brazil Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020. source: Ministério do Desenvolvimento, Indústria e Comércio Exterior

Balance of Trade in Brazil is expected to be 3000.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Brazil to stand at 6200.00 in 12 months time. In the long-term, the Brazil Balance of Trade is projected to trend around 3000.00 USD Million in 2021 and 3800.00 USD Million in 2022, according to our econometric models.

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Brazil Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
6200.00 6600.00 8060.00 -4068.90 1959 - 2020 USD Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-07-01 06:00 PM Jun $7.5B $4.5B $6.95B $6.3B
2020-08-03 06:00 PM Jul $8.1B $7.5B $8.1B $7.9B
2020-09-01 06:00 PM Aug $6.6B $8.1B $6.7B $7B
2020-10-01 06:00 PM Sep $6.2B $6.6B $7.1B $ 6.9B
2020-11-03 06:00 PM Oct $6.2B
2020-12-01 06:00 PM Nov


News Stream
Brazil Trade Surplus Widens in September
Brazil's trade surplus widened to USD 6.2 billion in September of 2020 from USD 3.8 billion in the corresponding month of the previous year but below market expectations of USD 7.1 billion. When adjusted for the working day average, exports declined 9.1 percent from a year earlier to USD 18.5 billion, while imports fell 25.5 percent to USD 12.3 billion. Among major trading partners, exports dropped to the EU (-43.6 percent) and the US (-23.9 percent) while shipments to Asia jumped 9.1 percent. Imports dropped to Asia (-0.5 percent), the EU (-18.7 percent) and the US (-26.6 percent).
2020-10-01
Brazil Trade Surplus Widens in August
Brazil's trade surplus widened to USD 6.6 billion in August of 2020 from USD 4.1 billion in the corresponding month of the previous year and almost in line with market expectations. When adjusted for the working day average, exports declined 5.5 percent from a year earlier to USD 17.7 billion, while imports fell 25.1 percent to USD 11.1 billion. Among major trading partners, exports dropped to the EU (-9.0 percent) and the US (-25.9 percent) while shipments to Asia jumped 8.7 percent. Imports plunged to Asia (-15.9 percent), the EU (-22.7 percent) and the US (-46.1 percent).
2020-09-01
Brazil Posts Record Trade Surplus
Brazil’s trade surplus widened to a record USD 8.1 billion in July of 2020 from USD 2.4 billion in the same month last year and in line in market expectations. When adjusted for the working day average, exports declined 2.9 percent from a year earlier to USD 19.6 billion, while imports fell 35.2 percent to USD 11.5 billion. Among major trading partners, exports dropped to the EU (-9.8 percent) and the US (-37.4 percent) while shipments to Asia jumped 15.4 percent. Imports plunged to Asia (-16.8 percent), the EU (-33.6 percent) and the US (-46.5 percent).
2020-08-03
Brazil Posts Biggest Trade Surplus since 2017
Brazil’s trade surplus widened to USD 7.5 billion in June of 2020 from USD 5.4 billion in the same month last year and above market expectations of USD 6.95 billion. It was the second biggest monthly trade surplus in Brazil's history, only behind the USD 7.7 billion surplus registered in May 2017. When adjusted for the working day average, exports declined 12 percent from a year earlier to USD 17.9 billion, while imports fell 27.4 percent to USD 10.5 billion. Among major trading partners, exports dropped to the EU (-21.3 percent) and the US (-43.5 percent) while shipments to Asia jumped 10.8 percent. Imports plunged to Asia (-21.7 percent), the EU (-26.3 percent) and the US (-28.1 percent).
2020-07-01

Brazil Balance of Trade
From 2001 to 2012 and 2015 to 2017 Brazil has reported trade surpluses, primarily due to high export of mining and agricultural products. In 2018, the biggest trade surpluses were reported with China, the Netherlands, Argentina, Chile, Iran and Spain while the largest trade deficits were recorded with Germany, South Korea, Russia, Switzerland Algeria and France.