Brazil’s trade surplus widened to USD 7.5 billion in June of 2020 from USD 5.4 billion in the same month last year and above market expectations of USD 6.95 billion. It was the second biggest monthly trade surplus in Brazil's history, only behind the USD 7.7 billion surplus registered in May 2017. When adjusted for the working day average, exports declined 12 percent from a year earlier to USD 17.9 billion, while imports fell 27.4 percent to USD 10.5 billion. Among major trading partners, exports dropped to the EU (-21.3 percent) and the US (-43.5 percent) while shipments to Asia jumped 10.8 percent. Imports plunged to Asia (-21.7 percent), the EU (-26.3 percent) and the US (-28.1 percent).

Balance of Trade in Brazil averaged 942.20 USD Million from 1959 until 2020, reaching an all time high of 7660.98 USD Million in May of 2017 and a record low of -4068.90 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 2020. source: Ministério do Desenvolvimento, Indústria e Comércio Exterior

Balance of Trade in Brazil is expected to be 3900.00 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 4500.00 in 12 months time. In the long-term, the Brazil Balance of Trade is projected to trend around 3000.00 USD Million in 2021 and 3800.00 USD Million in 2022, according to our econometric models.

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Brazil Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
7463.40 4547.42 7660.98 -4068.90 1959 - 2020 USD Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-04-01 06:00 PM Mar $4.71B $3.1B $4B $ 1.9B
2020-05-04 06:00 PM Apr $6.7B $4.71B $6.15B $5.9B
2020-06-01 06:00 PM May $4.5B $6.7B $4.743B $5B
2020-07-01 06:00 PM Jun $7.5B $4.5B $6.95B $6.3B
2020-08-03 06:00 PM Jul $7.5B
2020-09-01 06:00 PM Aug
2020-10-01 06:00 PM Sep $ 4.1B
2020-11-03 06:00 PM Oct


News Stream
Brazil Posts Biggest Trade Surplus since 2017
Brazil’s trade surplus widened to USD 7.5 billion in June of 2020 from USD 5.4 billion in the same month last year and above market expectations of USD 6.95 billion. It was the second biggest monthly trade surplus in Brazil's history, only behind the USD 7.7 billion surplus registered in May 2017. When adjusted for the working day average, exports declined 12 percent from a year earlier to USD 17.9 billion, while imports fell 27.4 percent to USD 10.5 billion. Among major trading partners, exports dropped to the EU (-21.3 percent) and the US (-43.5 percent) while shipments to Asia jumped 10.8 percent. Imports plunged to Asia (-21.7 percent), the EU (-26.3 percent) and the US (-28.1 percent).
2020-07-01
Brazil Trade Surplus Narrows in May
Brazil’s trade surplus narrowed to USD 4.5 billion in May of 2020 from USD 5.6 billion in the same month last year and below market expectations of USD 4.7 billion. When adjusted for the working day average, exports declined 4.2 percent from a year earlier to USD 17.9 billion, while imports fell 1.6 percent to USD 13.4 billion. Among major trading partners, exports dropped to the EU (-8.5 percent) and the US (-43.5 percent) while shipments to Asia jumped 27.7 percent. Imports plunged to Asia (-11.1 percent), the EU (-16.4 percent) and the US (-39 percent).
2020-06-01
Brazil Trade Surplus Higher than Expected
Brazil's trade surplus widened to USD 6.7 billion in April of 2020 from USD 5.7 billion in the corresponding month of the previous year and above market consensus of 6.2 billion. When adjusted for the working day average, exports declined 0.3% from a year earlier to USD 18.3 billion, dragged by lower sales of manufactured (-34.4%) and of semi-manufactured products (-4.8%). In contrast, exports of basic goods advanced 22.8%. Among major trading partners, exports declined to the EU (-3.0%) and the US (-31.7%). On the other hand, exports to China, Hong Kong and Macau rose 27.9%. Meantime, imports dropped 10.5% to USD 11.6 billion, particularly intermediate goods (-2.3%); capital goods (-22.4%); capital goods (-21.9%) and fuels & lubricants (-28.3%). Imports fell mainly from China, Hong Kong and Macau (-17%), the EU (-9.1%) and the US (-11.6%)
2020-05-04
Brazil Trade Surplus Widens in March
Brazil's trade surplus widened to USD 4.71 billion in March of 2020 from USD 4.30 billion in the corresponding month of the previous year and slightly above market consensus of 4 billion. When adjusted for the working day average, exports declined 4.7% from a year earlier to USD 19.239 billion, dragged by lower sales of basic goods (-0.6%) and manufactured goods (-14.9%). In contrast, exports of semi-manufactured products advanced 6.1%. Among major trading partners, exports declined to China, Hong Kong and Macau (-3.2%); the EU (-6.3%) and the US (-20.2%). Meantime, imports dropped 4.5% to USD 14.525 billion, mainly due to consumer goods (-19.3%) and fuels & lubricants (-23.5%). On the other hand, imports of intermediate goods (3.5%) and capital goods (2.8%) increased. Imports fell mainly from China, Hong Kong and Macau (-17.1%), the EU (-6.6%) and the US (-13.4%)
2020-04-01

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.