Brazil posted a USD 4.21 billion trade surplus in February 2026, rebounding from a USD 0.467 billion deficit a year earlier but slightly missing forecasts of USD 4.23 billion. Exports rose 15.6% year-on-year to USD 26.31 billion, driven by strong growth in mining (55.5%) and agriculture (6.1%), led by iron ore, copper ores, crude oil, corn, soybeans, and beef. Imports fell 4.8% to USD 22.10 billion, with sharp declines in agriculture (-20%) and manufacturing (-4%), particularly in wheat, corn, and machinery, partially offset by increases in live animals, soybeans, and passenger vehicles. Exports to China surged 38.7% and to the EU 34.7%, while sales to Argentina dropped 26.5% and to the US fell 20.3%. source: Ministério do Desenvolvimento, Indústria e Comércio Exterior

Brazil recorded a trade surplus of 4210 USD Million in February of 2026. Balance of Trade in Brazil averaged 1236.70 USD Million from 1959 until 2026, reaching an all time high of 10977.84 USD Million in May of 2023 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 March of 2026.

Brazil recorded a trade surplus of 4210 USD Million in February of 2026. Balance of Trade in Brazil is expected to be 2650.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Brazil Balance of Trade is projected to trend around 10500.00 USD Million in 2027 and 9500.00 USD Million in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-02-05 06:05 PM
Balance of Trade
Jan $4.34B $9.63B $4.9B $5.9B
2026-03-05 06:00 PM
Balance of Trade
Feb $4.21B $3.82B $4.23B $6.2B
2026-04-07 06:00 PM
Balance of Trade
Mar $4.21B $ 2.6B


Related Last Previous Unit Reference
Balance of Trade 4210.00 3820.00 USD Million Feb 2026
Capital Flows -8247.90 -2254.80 USD Million Jan 2026
Crude Oil Production 3772.77 4029.77 BBL/D/1K Nov 2025
Current Account -8360.00 -3360.00 USD Million Jan 2026
Current Account to GDP -3.02 -3.03 percent of GDP Dec 2025
Exports 26306.00 25153.20 USD Million Feb 2026
Exports by Category
Exports by Country
External Debt 804218.45 766905.40 USD Million Sep 2025
External Debt to GDP 17.30 16.90 percent of GDP Sep 2025
Foreign Direct Investment 8170.00 -5250.00 USD Million Jan 2026
Gold Reserves 172.44 145.14 Tonnes Dec 2025
Imports 22098.10 20800.20 USD Million Feb 2026
Imports by Category
Imports by Country
Remittances 353.90 437.20 USD Million Jan 2026
Terms of Trade 129.00 134.00 points Feb 2026
Terrorism Index 1.43 1.99 Points Dec 2024
Tourist Arrivals 6774.00 5908.00 Thousand Dec 2024
Weapons Sales 116.00 54.00 SIPRI TIV Million Dec 2024


Brazil Balance of Trade
In the last few years, Brazil has been reporting trade surpluses, primarily due to high exports in the manufacturing industry (54 percent of total exports), mining (23 percent) and agricultural products (22 percent). Brazil's main imports are in the manufacturing industry (89 percent of total imports) with fuels and fertilizers comprising 18 percent of total imports. The biggest trade partners are: China (27 percent of total exports and 22 percent of total imports), the United States (11 percent of exports and 19 percent of imports), Argentina (5 percent of exports and 5 percent of imports). Others include: the Netherlands, Canada, Japan, Germany and Spain.
Actual Previous Highest Lowest Dates Unit Frequency
4210.00 3820.00 10977.84 -4496.46 1959 - 2026 USD Million Monthly

News Stream
Brazil’s Trade Balance Rebounds in February
Brazil posted a USD 4.21 billion trade surplus in February 2026, rebounding from a USD 0.467 billion deficit a year earlier but slightly missing forecasts of USD 4.23 billion. Exports rose 15.6% year-on-year to USD 26.31 billion, driven by strong growth in mining (55.5%) and agriculture (6.1%), led by iron ore, copper ores, crude oil, corn, soybeans, and beef. Imports fell 4.8% to USD 22.10 billion, with sharp declines in agriculture (-20%) and manufacturing (-4%), particularly in wheat, corn, and machinery, partially offset by increases in live animals, soybeans, and passenger vehicles. Exports to China surged 38.7% and to the EU 34.7%, while sales to Argentina dropped 26.5% and to the US fell 20.3%.
2026-03-05
Brazil Trade Surplus Jumps on Sharp Import Drop
Brazil posted a USD 4.34 billion trade surplus in January 2026, up 85.8% year on year, largely driven by a sharp drop in imports. Purchases abroad fell 9.8% to USD 20.8 billion, led by a 30.2% plunge in extractive industry imports. Agricultural and livestock imports declined 28.7%, while those from the transformation industry fell 8.2%. Imports from Argentina (-13.6%), the US (-10.9%), China (-4.9%) and the EU (-11.5%) all decreased. Exports edged down 1% to USD 25.1 billion, with extractive sales falling 3.4% and transformation industry exports slipping 0.5%, partly offset by a 2.1% rise in agricultural shipments. Exports to Argentina (-24.5%), the US (-25.5%) and the EU (-6.2%) declined, while sales to China jumped 17.4%.
2026-02-05
Brazil Posts Record December Trade Surplus
Brazil recorded a trade surplus of USD 9.6 billion in December 2025, up 107.8% year-on-year and the largest ever for a December, as exports hit a record USD 31.0 billion (24.7%) while imports rose 5.7% to USD 21.4 billion. Total trade reached USD 52.4 billion, also a December record. Over the year, manufacturing exports rose 3.8% in value to a record USD 189 billion, supported by higher volumes and strong shipments of beef, pork, vehicles, machinery and roasted coffee. Extractive exports grew 8% in volume, with record iron ore and oil shipments, while agricultural exports rose 7.1% in value, led by green coffee and soybeans. Exports to China increased 6% to USD 100 billion, shipments to the EU rose 3.2% and exports to Argentina jumped 31.4%, while sales to the US fell 6.6% despite a December improvement. On the import side, capital goods led gains (23.7%), fuel imports declined 8.6%, and purchases from China, the US and the EU increased.
2026-01-06