FX.co ★ Brazil Trade Surplus Exceeds Expectations

In October 2025, Brazil reported a trade surplus of USD 6.96 billion, marking a 70.2% increase compared to the previous year. This figure also surpassed September’s surplus of USD 2.99 billion and exceeded market projections of USD 6.2 billion. Export figures climbed by 9.1%, reaching USD 31.98 billion. This improvement was driven by a notable 21% rise in agricultural exports and a 22% boost in the extractive industries sector, while manufacturing exports experienced a modest growth of 0.7%. Conversely, imports decreased by 0.8%, totaling USD 25.01 billion, as a significant 30.1% reduction in extractive industry imports offset the increases in manufacturing imports by 1% and agricultural products by 3.5%. Brazil registered a trade surplus of USD 2.77 billion with China, USD 400 million with Argentina, and USD 200 million with the European Union, while enduring a trade deficit of USD 1.76 billion with the United States.