Brazil recorded a trade deficit of $1.3 billion in November of 2021 from a $2.5 billion surplus in the corresponding month of the previous year and compared with market expectations of a USD 1.2 billion deficit. Exports rose 23.2 percent to $23.2 billion amid higher sales of manufactured products (+28.3 percent), agricultural products (23.2 percent), and mining goods (14.8 percent). Meanwhile, imports jumped at a faster 53.1 percent to $21.6 billion as the purchase surged for mining goods (+248.3 percent), agricultural products (61.8 percent), and manufactured products (+43.5 percent). source: Ministério do Desenvolvimento, Indústria e Comércio Exterior

Balance of Trade in Brazil averaged 902.94 USD Million from 1959 until 2021, reaching an all time high of 10482.34 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 December of 2021.

Balance of Trade in Brazil is expected to be 4500.00 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 5000.00 USD Million in 2022 and 4600.00 USD Million in 2023, according to our econometric models.

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Brazil Balance of Trade


Calendar GMT Actual Previous Consensus TEForecast
2021-11-03 06:00 PM Oct $2B $4.32B $2.05B $3.9B
2021-12-01 06:00 PM Nov $-1.3B $2B $-1.2B $-1B
2022-01-03 06:00 PM Dec $-1.3B $ 4.5B


Related Last Previous Unit Reference
Balance of Trade -1307.07 1998.94 USD Million Nov/21
Imports 21603.13 20519.36 USD Million Nov/21
Exports 20296.06 22518.30 USD Million Nov/21

News Stream
Brazil Trade Surplus Swings to Deficit as Expected
Brazil recorded a trade deficit of $1.3 billion in November of 2021 from a $2.5 billion surplus in the corresponding month of the previous year and compared with market expectations of a USD 1.2 billion deficit. Exports rose 23.2 percent to $23.2 billion amid higher sales of manufactured products (+28.3 percent), agricultural products (23.2 percent), and mining goods (14.8 percent). Meanwhile, imports jumped at a faster 53.1 percent to $21.6 billion as the purchase surged for mining goods (+248.3 percent), agricultural products (61.8 percent), and manufactured products (+43.5 percent).
2021-12-01
Brazil Trade Surplus Narrows as Expected
Brazil's trade surplus narrowed to $2.0 billion in October of 2021 from $4.4 in the corresponding month of the previous year and compared with market expectations of a USD 2.05 billion surplus. Exports rose 27.6 percent to $22.52 billion amid higher sales of mining goods (+40.5 percent), manufactured products (+24.4 percent), and agricultural products (19.4 percent). Meanwhile, imports jumped at a faster 54.9 percent to $20.52 billion as the purchase surged for mining goods (+141.7 percent), manufactured products (+51.4 percent), and agricultural products (45.1 percent).
2021-11-03
Brazil Trade Surplus Narrows More than Expected
Brazil's trade surplus narrowed to $4.32 billion in September of 2021 from $5.08 in the corresponding month of the previous year and compared with market expectations of a USD 4.5 billion surplus. Exports rose 33.3 percent from a year earlier to $24.28 billion and imports jumped at a faster 51.9 percent to $19.96 billion. Meanwhile, the ministry revised down the trade surplus expected this year to $70.9 billion from $105.3 billion forecast in July. The revised forecast for total exports this year is $281 billion, down from $307.5 billion predicted in July, and total imports are now expected to be $210 billion, up from $202.2 billion forecast in July.
2021-10-01

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.