The trade surplus in Brazil increased to USD 6.12 billion in October of 2018 from USD 5.2 billion in the same month of the previous year. It compares with market expectations of USD 6.849 billion. Sales surged to China, boosted by crude oil and soybeans. Imports rose mainly due to purchases of crude oil. Balance of Trade in Brazil averaged 857.16 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
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Brazil Trade Surplus Rises in October


The trade surplus in Brazil increased to USD 6.12 billion in October of 2018 from USD 5.2 billion in the same month of the previous year. It compares with market expectations of USD 6.849 billion. Sales surged to China, boosted by crude oil and soybeans. Imports rose mainly due to purchases of crude oil.

Exports increased 17.7 percent year-on-year to USD 22.22 billion, mainly boosted by sales of crude oil (137.6 percent), soybeans (124 percent), iron ore (5.1 percent), beef (24.1 percent) and cotton (12.9 percent). Sales jumped 75.5 percent to China; 8.8 percent to the European Union; and 37.2 percent to the US.
 
Imports also increased 17.7 percent year-on-year to USD 16.1 billion. Purchases went up for intermediate goods (16.5 percent), consumption goods (12.9 percent), fuels and lubricants (30 percent) and capital goods (16.4 percent). Imports came mainly from China (purchases up 13.9 percent), the EU (4.7 percent), the US (23 percent), and the Middle East (135.5 percent).


Joana Taborda | joana.taborda@tradingeconomics.com
11/1/2018 6:43:48 PM


Recent Releases

Brazil Trade Surplus Smaller than Expected
Brazil trade surplus narrowed to USD 4.97 billion in September of 2018 from USD 5.18 billion in the same month a year earlier and below market expectations of a USD 5.9 billion surplus. Imports increased 4.7 percent mostly due to fuels & lubricants, while exports went up at a slower 3 percent on the back of a surge in crude oil sales.
Published on 2018-10-02

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.
Published on 2018-09-03

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



Calendar GMT Actual Previous Consensus TEForecast
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 $4.97B $3.78B $5.9B $ 3.5B
2018-11-01 06:00 PM Balance of Trade $6.12B $4.97B $6.849B $ 5.3B
2018-12-04 05:00 PM Balance of Trade $6.12B $ 3.5B


Brazil Trade Last Previous Highest Lowest Unit
Balance of Trade 6121.36 4944.38 7661.35 -4066.52 USD Million [+]
Exports 22225.97 19060.34 26158.51 75.06 USD Million [+]
Imports 16104.61 14115.96 23061.08 67.00 USD Million [+]
Current Account 31.80 717.20 3007.00 -13164.70 USD Million [+]
Current Account to GDP -0.48 -1.30 1.80 -8.20 percent [+]
External Debt 652274.64 648996.48 714260.45 64259.50 USD Million [+]
Terms of Trade 106.56 107.32 132.67 64.72 Index Points [+]
Capital Flows 677.40 1695.10 2919.60 -13168.80 USD Million [+]
Foreign Direct Investment 7829.20 10607.00 20427.00 -24.10 USD Million [+]
Remittances 207.00 244.00 386.00 70.80 USD Million [+]
Gold Reserves 67.30 67.30 119.01 31.99 Tonnes [+]
Crude Oil Production 2575.00 2590.00 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 November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
6121.36 4944.38 7661.35 -4066.52 1959 - 2018 USD Million Monthly




Country Last
Argentina 314.00 Sep/18
Australia 3017.00 Sep/18
Brazil 6121.36 Oct/18
Canada -416.30 Sep/18
China 340.16 Oct/18
Euro Area 13141.70 Sep/18
France -5663.00 Sep/18
Germany 18395.00 Sep/18
India -17130.00 Oct/18
Indonesia -1819.90 Oct/18
Italy 1274.37 Sep/18
Japan -449.26 Oct/18
Mexico -194.00 Sep/18
Netherlands 4949.00 Sep/18
Russia 18485.00 Sep/18
Saudi Arabia 162782.00 Jun/18
Singapore 4520.91 Oct/18
South Africa -2950.00 Sep/18
South Korea 6552.00 Oct/18
Spain -3057300.00 Aug/18
Switzerland 1447.00 Sep/18
Turkey -1869.47 Sep/18
United Kingdom -27.00 Sep/18
United States -54019.00 Sep/18


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