INSUBCONTINENT EXCLUSIVE:
In June 2025, Brazil recorded a surplus of $5.89 billion, which was less than expected and 7% lower than June 2024.For the first half of
2025, the surplus fell almost 28% compared to the same period last year, reaching $30.1 billion
Exports grew only slightly, up 1.4% to $29.1 billion in June.Higher coffee prices and more beef sales helped, but falling prices for
soybeans, oil, and iron ore limited gains
Meanwhile, imports increased faster, up 3.8% to $23.3 billion.Brazil bought more fertilizers, machinery, car parts, medicines, and airplanes
This faster growth in imports squeezed the trade balance
billion.Officials expect imports to stay high and export prices to remain weak for the rest of the year
Rise and Export Prices Fall
(Photo Internet reproduction)When prices for these exports drop, the country earns less, even if it sells more
At the same time, strong domestic demand and lower tariffs have pushed up imports, especially of manufactured goods and equipment.Trade with
main partners also changed
Exports to Argentina rose by over 70%, but Brazil still imported more than it sold
Trade with China and the United States grew, but Brazil ran deficits with both countries as imports outpaced exports.This shrinking surplus
It means Brazil is bringing in less money from exports while spending more on imports
exports, so lower export earnings can hurt employment and investment
The government uses trade surplus numbers to plan budgets and policies.The sharp drop in the surplus forecast shows officials are cautious
All data and figures in this article come directly from official government sources.
