Brazil’s trade balance grows 6.6% in July on rising exports and imports

Brazil’s trade balance closed the fourth week of July 2025 with a surplus of US$1.3 billion and a total trade flow of US$12.2 billion. The result stems from exports totaling US$6.7 billion and imports of US$5.4 billion, according to data released Monday (28) by the Secretariat of Foreign Trade (Secex), part of the Ministry of Development, Industry, Trade, and Services (MDIC).

Monthly performance: US$4.8 billion surplus in July
As of the fourth week of July, Brazilian exports have reached US$26.2 billion, while imports stand at US$21.4 billion, resulting in a surplus of US$4.8 billion. Total trade flow for the month reached US$47.7 billion, indicating an upswing in the country’s commercial exchanges.

Year-to-date balance: foreign trade surpasses US$349 billion
From January through July 2025, Brazil’s total trade flow has reached US$349 billion. Of that, exports account for US$192.1 billion, and imports total US$157.22 billion, resulting in a cumulative trade surplus of US$34.9 billion for the year.

Comparison with 2024: trade flow up 6.6%
Comparing daily averages through the fourth week of July 2025 with the same period in 2024, there was a 6.6% increase in total trade flow, reaching US$2.509 billion per day. Exports rose 3%, averaging US$1.380 billion daily, while imports grew 11.5%, averaging US$1.128 billion. The average daily surplus stood at US$252.13 million.

Sector performance: manufacturing leads export growth
Looking at sector data based on daily averages through the fourth week of July, the highlights in exports were:

• Agriculture: up US$7.33 million (+2.4%)
• Extractive Industry: down US$ 23.81 million (–7.6%)
• Manufacturing Industry: up US$57.43 million (+8.1%)

For imports, the highlights were:

• Agriculture: up US$1.13 million (+5.4%)
• Extractive Industry: down US$ 10.77 million (–17.2%)
• Manufacturing Industry: up sharply by US$126.06 million (+13.7%)

Positive outlook reinforces foreign trade momentum
The July figures confirm a trend of growth in Brazil’s foreign trade, with significant gains in the manufacturing sector and an increasingly robust trade flow. The year-to-date surplus signals a favorable outlook for Brazilian exports, despite international market volatility.

Source: Portal do Agronegócio