Brazil's trade surplus widened to USD 9.3 billion in May of 2021 from USD 6.9 billion in the corresponding month of the previous year and almost in line with market expectations. Exports surged 46.5 percent over a year earlier to USD 26.95 billion, amid higher sales of manufactured products (34.6 percent), agricultural products (43 percent) and mining goods (85.8 percent). Among main trading partners, shipments rose to China, Hong Kong, and Macau (33.1 percent), the EU (21.1 percent), and the US (67 percent). Meantime, imports soared 57.4 percent to USD 17.66 billion, boosted by purchases of manufactured products (56.5 percent), mining products (107.5 percent), and agricultural goods (36.8 percent). Among main trading partners, imports increased from the EU (37.2 percent), China, Hong Kong, and Macau (43.1 percent) and the US (48.5 percent). source: Ministério do Desenvolvimento, Indústria e Comércio Exterior
Balance of Trade in Brazil averaged 998.01 USD Million from 1959 until 2021, reaching an all time high of 10349.11 USD Million in April of 2021 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 June of 2021.
Balance of Trade in Brazil is expected to be 4200.00 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 3500.00 in 12 months time. In the long-term, the Brazil Balance of Trade is projected to trend around 5200.00 USD Million in 2022 and -200.00 USD Million in 2023, according to our econometric models.