Brazil posted a record trade surplus of USD 10.3 billion in June of 2021, close to market expectations of USD 10.7 billion. Exports advanced 60.8% yoy to an all-time high of USD 28.1 billion, boosted by shipments of mining (175.8%), of which iron ore (172.1%); manufactured products (38.1%), namely iron and steel products; and agricultural goods (24.9%), mostly coffee (45%), soy (23.6%) and cotton (111.4%). Among main trading partners, shipments rose to China, Hong Kong and Macau (49.6%), the EU (83%) and the US (77%). Meanwhile, imports grew 61.5% to USD 17.7 billion, driven by manufactured products (66.3%), such as fuel oils (216.5%); mining goods (25.5%), namely natural gas (434.8%) and agricultural goods (61.1%), especially soy (181.9%) and corn (3410%). Imports rose mostly from China, Hong Kong, and Macau (57.6%), the EU (61.9%) and the US (60.7%). source: Ministério do Desenvolvimento, Indústria e Comércio Exterior

Balance of Trade in Brazil averaged 882.59 USD Million from 1959 until 2021, reaching an all time high of 10372.04 USD Million in June of 2021 and a record low of -4496.46 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 July of 2021.

Balance of Trade in Brazil is expected to be 10300.00 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 3500.00 in 12 months time. In the long-term, the Brazil Balance of Trade is projected to trend around 5200.00 USD Million in 2022 and -200.00 USD Million in 2023, according to our econometric models.

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Brazil Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
10372.04 9290.87 10372.04 -4496.46 1959 - 2021 USD Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-04-01 06:00 PM Mar $1.5B $1.2B $3.1B $ 2.9B
2021-05-03 06:00 PM Apr $10.3B $1.5B $11.404B $9.5B
2021-06-01 06:00 PM May $9.3B $10.3B $9.177B $9.5B
2021-07-01 06:00 PM Jun $10.4B $9.3B $10.7B $10.3B
2021-08-02 06:00 PM Jul $10.4B $9.9B
2021-09-01 06:00 PM Aug
2021-10-01 06:00 PM Sep $ 5.3B
2021-11-01 06:00 PM Oct


News Stream
Brazil Trade Surplus Hits Record High in June
Brazil posted a record trade surplus of USD 10.3 billion in June of 2021, close to market expectations of USD 10.7 billion. Exports advanced 60.8% yoy to an all-time high of USD 28.1 billion, boosted by shipments of mining (175.8%), of which iron ore (172.1%); manufactured products (38.1%), namely iron and steel products; and agricultural goods (24.9%), mostly coffee (45%), soy (23.6%) and cotton (111.4%). Among main trading partners, shipments rose to China, Hong Kong and Macau (49.6%), the EU (83%) and the US (77%). Meanwhile, imports grew 61.5% to USD 17.7 billion, driven by manufactured products (66.3%), such as fuel oils (216.5%); mining goods (25.5%), namely natural gas (434.8%) and agricultural goods (61.1%), especially soy (181.9%) and corn (3410%). Imports rose mostly from China, Hong Kong, and Macau (57.6%), the EU (61.9%) and the US (60.7%).
2021-07-01
Brazil Trade Surplus Widens in May
Brazil's trade surplus widened to USD 9.3 billion in May of 2021 from USD 6.9 billion in the corresponding month of the previous year and almost in line with market expectations. Exports surged 46.5 percent over a year earlier to USD 26.95 billion, amid higher sales of manufactured products (34.6 percent), agricultural products (43 percent) and mining goods (85.8 percent). Among main trading partners, shipments rose to China, Hong Kong, and Macau (33.1 percent), the EU (21.1 percent), and the US (67 percent). Meantime, imports soared 57.4 percent to USD 17.66 billion, boosted by purchases of manufactured products (56.5 percent), mining products (107.5 percent), and agricultural goods (36.8 percent). Among main trading partners, imports increased from the EU (37.2 percent), China, Hong Kong, and Macau (43.1 percent) and the US (48.5 percent).
2021-06-01
Brazil Trade Surplus Hits Record High
Brazil's trade surplus widened to USD 10.35 billion in April of 2021 from USD 6.00 billion in the corresponding month of the previous year and compared with market expectations of a USD 11.40 billion surpluses. Exports surged 50.5 percent over a year earlier to USD 26.48 billion, amid higher sales of manufactured products (43.9 percent), mining goods (73.2 percent), and agricultural products (44.4 percent). Among main trading partners, shipments rose to China (55.1 percent), the EU (37.0 percent), and the US (33.7 percent). Meantime, imports soared 41.1 percent to USD 16.13 billion, boosted by purchases of manufactured products (42.6 percent), mining products (35.5 percent), and agricultural goods (1.6 percent). Among main trading partners, imports increased from the EU (32.2 percent), China (45.8 percent) and the US (16.1 percent).
2021-05-03
Brazil Trade Surplus Narrows More than Expected
Brazil's trade surplus narrowed to USD 1.48 billion in March of 2021 from USD 3.83 billion in the corresponding month of the previous year and compared with market expectations of a USD 3.10 billion surplus. Exports surged 27.8 percent over a year earlier to USD 24.50 billion, amid higher sales of mining products (72.6 percent), agricultural goods (34.5 percent), and manufactured products (8.3 percent). Among main trading partners, shipments rose to China (46.1 percent), the EU (22.1 percent), and the US (18.0 percent). Meantime, imports soared at a faster 51.7 percent to USD 23.02 billion, boosted by purchases of manufactured products (52.5 percent), mining products (28.3 percent), and agricultural goods (9.7 percent). Among main trading partners, imports increased from China (54.4 percent), the EU (11.7 percent) and the US (21.9 percent). Considering the first quarter of the year, the trade surplus fell sharply to USD 1.6 billion from USD 4.5 billion a year ago.
2021-04-01

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.