FX.co ★ Brazil Current Account Deficit Narrows

In April 2025, Brazil's current account deficit reduced to $1.347 billion, a notable decline from $1.723 billion in the same month of the previous year, and below the anticipated deficit of $2.00 billion. The goods trade surplus experienced a slight decrease, recording $7.4 billion down from $7.8 billion a year prior. While exports maintained a steady figure at $30.6 billion, goods imports saw a 1.5% increase, reaching $23.2 billion. Concurrently, the services gap contracted to $4.2 billion from $5.18 billion, along with a reduction in the primary income deficit, which decreased to $5.0 billion from $5.495 billion. Meanwhile, the secondary income surplus experienced a modest rise, increasing to $402 million from $323 million.