Exports from Brazil dropped 1.0 percent year-on-year to USD 18.12 billion in March 2019. Sales declined for manufactured products (-68.2 percent), namely cargo vehicles (-68.2 percent), fuels (-49.6 percent), and autos (-41.4 percent); semi-manufactured (-34.6 percent), of which sugar (-34.6 percent), and celullose (-12.0 percent). Meanwhile, sales of basic products went up 123.6 percent, mostly corn (86.7 percent), soybeans (30.2 percent), coffee beans (29.1 percent) and crude oil (14.4 percent). Exports declined to Argentina (-48.4 percent) and the EU (-2.9 percent), but advanced 6.1 percent to China and 9.6 percent to the US. Exports in Brazil averaged 5035.07 USD Million from 1954 until 2019, reaching an all time high of 26158.51 USD Million in August of 2011 and a record low of 75.06 USD Million in January of 1965.
Exports in Brazil is expected to be 23900.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in Brazil to stand at 23500.00 in 12 months time. In the long-term, the Brazil Exports is projected to trend around 25000.00 USD Million in 2020, according to our econometric models.