Brazil's trade balance shifted to a USD 0.04 billion deficit in December of 2020 from a USD 5.95 billion surplus in the same month of the previous year and compared with market expectations of a USD 0.20 billion surplus. Exports dropped 0.7 percent over a year earlier to USD 18.37 billion, while imports jumped 47 percent to USD 18.41 billion. For 2020, Brazil recorded a trade surplus of USD 53 billion, up 6% from the previous year's USD 48 billion surplus. source: Ministério do Desenvolvimento, Indústria e Comércio Exterior

Balance of Trade in Brazil averaged 972.18 USD Million from 1959 until 2020, reaching an all time high of 7955.12 USD Million in July of 2020 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 January of 2021.

Balance of Trade in Brazil is expected to be 3000.00 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 3000.00 in 12 months time. In the long-term, the Brazil Balance of Trade is projected to trend around 3000.00 USD Million in 2022 and 3800.00 USD Million in 2023, according to our econometric models.

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Brazil Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
-41.59 3727.74 7955.12 -4068.90 1959 - 2020 USD Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-10-01 06:00 PM Sep $6.2B $6.6B $7.1B $ 6.9B
2020-11-03 06:00 PM Oct $5.5B $6.2B $6.1B $6B
2020-12-01 06:00 PM Nov $3.73B $5.47B $4.789B $5.3B
2021-01-04 06:00 PM Dec $-0.04B $3.73B $0.2B $0.4B
2021-02-01 06:00 PM Jan $-0.04B
2021-03-01 06:00 PM Feb
2021-04-01 06:00 PM Mar
2021-05-03 06:00 PM Apr
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Brazil Trade Balance Swings to Deficit in December
Brazil's trade balance shifted to a USD 0.04 billion deficit in December of 2020 from a USD 5.95 billion surplus in the same month of the previous year and compared with market expectations of a USD 0.20 billion surplus. Exports dropped 0.7 percent over a year earlier to USD 18.37 billion, while imports jumped 47 percent to USD 18.41 billion. For 2020, Brazil recorded a trade surplus of USD 51 billion, up 6% from the previous year's USD 48 billion surplus.
2021-01-04
Brazil Trade Surplus Widens Less than Expected
Brazil's trade surplus widened to USD 3.73 billion in November of 2020 from USD 3.56 billion in the corresponding month of the previous year and compared with market expectations of a USD 4.79 billion surplus. Exports dropped 1.2 percent over a year earlier to USD 17.53 billion, while imports fell at a faster 2.6 percent to USD 13.79 billion.
2020-12-01
Brazil Trade Surplus Widens Less than Expected
Brazil's trade surplus widened sharply to USD 5.47 billion in October 2020 from USD 2.55 billion in the corresponding month of the previous year and compared with market expectations of a USD 6.1 billion surplus. When adjusted for the working day average, exports dropped 8.8 percent from a year earlier to USD 17.86 billion, while imports plunged 27.3 percent to USD 12.38 billion. Among major trading partners, exports declined to the US (-15.4 percent) while shipments to Europe rose (4.2 percent). Imports went down to Asia (-12.4 percent), Europe (-11.7 percent) and the US (-30 percent).
2020-11-03
Brazil Trade Surplus Widens in September
Brazil's trade surplus widened to USD 6.2 billion in September of 2020 from USD 3.8 billion in the corresponding month of the previous year but below market expectations of USD 7.1 billion. When adjusted for the working day average, exports declined 9.1 percent from a year earlier to USD 18.5 billion, while imports fell 25.5 percent to USD 12.3 billion. Among major trading partners, exports dropped to the EU (-43.6 percent) and the US (-23.9 percent) while shipments to Asia jumped 9.1 percent. Imports dropped to Asia (-0.5 percent), the EU (-18.7 percent) and the US (-26.6 percent).
2020-10-01

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.