Brazil Balance of Trade  1959-2018 | Data | Chart | Calendar | Forecast

Brazil trade surplus narrowed to USD 3.78 billion in August of 2018 from USD 5.60 billion in the same month a year earlier and below market expectations of a USD 4.0 billion surplus. It was the smallest trade surplus since February, as imports recorded its highest value since October of 2014 and exports widened. Balance of Trade in Brazil averaged 845.95 USD Million from 1959 until 2018, reaching an all time high of 7661.35 USD Million in May of 2017 and a record low of -4066.52 USD Million in January of 2014.

Brazil Balance of Trade
width
height
 Preview
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us


Brazil Trade Surplus Smallest in 6 Months


Brazil trade surplus narrowed to USD 3.78 billion in August of 2018 from USD 5.60 billion in the same month a year earlier and below market expectations of a USD 4.0 billion surplus. It was the smallest trade surplus since February, as imports recorded its highest value since October of 2014 and exports widened.

Imports jumped 35.3 percent year-on-year to USD 18.78 billion. It was the highest value since October of 2014, mainly boosted by higher purchases of consumption goods (+13.7 percent), intermediate (+16.2 percent) and capital goods (+158.2 percent). Imports edged up from China (+89.9 percent), the EU (16.4 percent) and the US (+21.6 percent).

Exports increased 15.8 percent year-on-year to USD 22.55 billion, mostly due to higher sales of soybeans (+43.7 percent), crude oil (+29.3 percent), iron ore (+23 percent), beef (+13.5 percent) and cellulose (+20.1 percent). On the other hand, declines were seen mainly in exports of chicken meat (-7.8 percent), corn (-37.6 percent) and sugar (-48.3 percent). Sales advanced 38.5 percent to China, 20.3 percent to the US and 16.6 percent to the EU.


MDIC | Stefanie Moya | stefanie.moya@tradingeconomics.com
9/3/2018 6:49:16 PM


Recent Releases

Brazil Trade Surplus Falls in July
The trade surplus in Brazil narrowed to USD 4.23 billion in July of 2018 from USD 6.29 billion a a year earlier, lower than market expectations of a USD 5.71 billion surplus. Imports reached the highest value since November of 2014, mainly due to purchase of a platform for oil extraction from China. Exports were the highest since July of 2014, mainly boosted by sales of soybeans, oil and iron ore to China.
Published on 2018-08-01

Brazil June Trade Surplus Below Expectations
Brazil trade surplus narrowed 18 percent to USD 5.88 billion in June of 2018 from USD 7.2 billion in the corresponding month of the previous year and below market expectations of a USD 6.3 billion surplus. Exports rebounded from a fall in May but imports advanced at a higher 13.7 percent.
Published on 2018-07-04

Brazil May Trade Surplus Smaller Than Expected
Brazil trade surplus narrowed 22 percent from the previous year to USD 5.98 billion in May 2018, a month sharply impacted by nationwide truckers strikes. The trade surplus came in way below market consensus of USD 7.5 billion.
Published on 2018-06-01

Brazil Trade Surplus Below Expectations in April
Brazil trade surplus narrowed to USD 6.14 billion in April of 2018 from USD 6.97 billion in the same month a year earlier and below market consensus of a USD 6.3 billion surplus. Imports increased 28.7 percent year-on-year to USD 13.79 billion while exports rose 12.7 percent to USD 19.93 billion compared to April of 2017. However, when adjusted for the working day average, exports dropped 3.4 percent while imports jumped 10.3 percent.
Published on 2018-05-03



Calendar GMT Actual Previous Consensus TEForecast
2018-07-03 06:00 PM Balance of Trade $5.88B $5.98B $6.3B $ 7.6B
2018-08-01 06:00 PM Balance of Trade $4.23B $5.88B $5.714B $5.5B
2018-09-03 06:00 PM Balance of Trade $3.78B $4.23B $4B $ 3.2B
2018-10-01 06:00 PM Balance of Trade $3.78B $ 4.5B
2018-11-01 05:00 PM Balance of Trade $ 3.6B
2018-12-04 05:00 PM Balance of Trade $ 3.1B


Brazil Trade Last Previous Highest Lowest Unit
Balance of Trade 3774.99 4226.96 7661.35 -4066.52 USD Million [+]
Exports 22552.00 22870.32 26158.51 75.06 USD Million [+]
Imports 18777.00 18643.36 23061.08 67.00 USD Million [+]
Current Account -720.00 -4400.00 3007.00 -13164.70 USD Million [+]
Current Account to GDP -0.48 -1.30 1.80 -8.20 percent [+]
External Debt 660146.01 660146.01 714260.45 64259.50 USD Million [+]
Terms of Trade 111.80 109.93 132.67 64.72 Index Points [+]
Capital Flows -3098.00 912.50 2919.60 -13168.80 USD Million [+]
Foreign Direct Investment 10610.00 3900.00 20427.00 -24.10 USD Million [+]
Remittances 210.70 200.60 386.00 70.80 USD Million [+]
Gold Reserves 67.30 67.30 119.01 31.99 Tonnes [+]
Crude Oil Production 2607.00 2597.00 2730.00 330.00 BBL/D/1K [+]
Terrorism Index 1.57 1.74 2.69 0.00 [+]
Weapons Sales 45.00 111.00 269.00 1.00 USD Million [+]
Tourist Arrivals 6589.00 6547.00 6589.00 1991.00 Thousand [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



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 2017, the biggest trade surpluses were reported with China, Argentina, Netherlands, Iran, UAE, Egypt, Hong Kong, Singapore and United States and the biggest trade deficits with Germany, South Korea, France, Switzerland, Algeria and Australia. 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 - actual data, historical chart and calendar of releases - was last updated on September of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
3774.99 4226.96 7661.35 -4066.52 1959 - 2018 USD Million Monthly




balance of trade by Country
Country Last
Argentina -789.00 Jul/18
Australia 1551.00 Jul/18
Brazil 3774.99 Aug/18
Canada -114.30 Jul/18
China 279.10 Aug/18
Euro Area 17555.60 Jul/18
France -3490.00 Jul/18
Germany 16461.00 Jul/18
India -17390.00 Aug/18
Indonesia -1021.40 Aug/18
Italy 5676.00 Jul/18
Japan -444.59 Aug/18
Mexico -2889.20 Jul/18
Netherlands 4612.00 Jul/18
Russia 13402.00 Jul/18
Saudi Arabia 120299.00 Mar/18
Singapore 6755.10 Aug/18
South Africa -4657.00 Jul/18
South Korea 6900.00 Aug/18
Spain -3247700.00 Jul/18
Switzerland 1407.94 Aug/18
Turkey -5980.00 Jul/18
United Kingdom -111.00 Jul/18
United States -50082.00 Jul/18


Related
Latest