In September 2025, Brazil recorded a trade surplus of USD 2.99 billion, a decrease from the USD 5.86 billion surplus in August, yet surpassing the forecasted surplus of USD 2.65 billion. Exports saw a 7.2% year-on-year increase, reaching USD 30.53 billion. This growth was fueled by a 2.5% rise in manufacturing, a 9.2% increase in extractive industries, and an 18.0% jump in the agriculture sector. Conversely, imports grew by 17.7%, amounting to USD 27.54 billion, driven by a significant 21.5% rise in manufacturing imports and a 3.5% increase in agricultural imports, although imports in the extractive industries decreased by 26.1%.
Among Brazil's principal trading partners, exports to Argentina climbed by 24.9% while imports decreased by 2.8%, resulting in a USD 580 million surplus. Exports to China, along with Hong Kong and Macau, rose by 14.7%, with imports also increasing by 9.0%, generating a surplus of USD 2.31 billion. However, exports to the United States fell by 20.3%, while imports rose by 14.3%, culminating in a USD 1.77 billion deficit. Over the cumulative period from January to September 2025, exports increased by 1.1%, whereas imports surged by 8.2%, leading to an overall trade surplus of USD 45.48 billion.
