Brazil’s agribusiness exports hit February record

Brazil’s agribusiness exports reached $12.05 billion in February 2026, the highest figure ever recorded for the month, according to data released on Thursday by the Ministry of Agriculture and Livestock (Mapa).

The amount accounted for 45.8% of Brazil’s total exports during the period.

Compared with February 2025, exports rose 7.4%, driven mainly by a 9% increase in shipment volumes compared with the same month last year. Despite the growth in export volumes, the average international price declined 1.5%, following a broader trend seen in global food price indices published by the World Bank and the UN Food and Agriculture Organization (FAO).

Imports of agricultural products totaled $1.5 billion during the month, down 9.1% from February 2025. As a result, the agribusiness trade balance posted a $10.5 billion surplus.

China remained the largest destination for Brazilian agricultural exports, purchasing $3.6 billion worth of products and accounting for 30.5% of total shipments. The European Union ranked second with $1.8 billion (15.2%), followed by the United States, which imported $802.9 million (7%).

Exports to other Asian markets also expanded. Vietnam imported more than $372.6 million in Brazilian agricultural products, up 22.9% from February 2025, while India purchased $357.3 million, an increase of 171.1%. The two countries ranked fourth and fifth among the top destinations for Brazil’s agribusiness exports during the month.

See below a historical overview of Brazilian soybean exports to China starting from January 2023. The chart was prepared using DataLiner data:

Soybean Exports to China | Jan 2023 – Jan 2026 | WTMT

Source: DataLiner (Click here to request a demo)

Among the main export sectors, the soy complex led with $3.78 billion, representing 31.4% of total agribusiness exports and a 16.4% increase compared with February 2025. Animal proteins followed with $2.7 billion (22.5% of the total and growth of 22.5%). Other key sectors included forest products with $1.27 billion (10.5% share, down 1%), coffee with $1.12 billion (9.3% share, down 0.2%), and the sugar-energy complex with $861.35 million (7.1% share, down 4.2%).

Beyond the traditional export leaders, several other products posted growth and record export values in February. These included orange essential oil ($47.8 million), corn DDG (distillers dried grains) ($36.2 million), meat meals, extracts and offal ($20.1 million), cocoa butter, fats and oils ($17.2 million), and corn oil ($15.9 million).

According to Luís Rua, secretary of Trade and International Relations at the Agriculture Ministry, the performance is also linked to Brazil’s market-access agenda.

“Brazil is expanding both its supply and its trade opportunities. There were nine new market openings in February alone and 544 since the beginning of 2023. This result reflects the importance of a continuous agenda of negotiations and engagement with other countries,” he said.

Source: Globo Rural

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