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.