Brazil’s Trade Surplus Jumps to US$ 9.758 Billion in June

Brazil’s trade account delivered a strong June, with the country recording a surplus of US$ 9.758 billion, according to figures released on Friday, July 3, by Mdic, Brazil’s Ministry of Development, Industry, Trade and Services.

The result was 66.6% higher than in June 2025 and reflected a broad rise in exports, especially in commodities linked to the extractive industry. For investors and companies tracking Brazil’s external sector, the numbers show how demand for energy, minerals and agricultural goods continues to shape the country’s commercial position.

Exports reached US$ 36.277 billion in June, up 24.9% from a year earlier. Imports totaled US$ 26.520 billion. Together, exports and imports produced a trade flow of US$ 62.797 billion, a 20.3% increase compared with the same month last year.

Commodities drive the export surge

The standout performance came from Brazil’s extractive industry, which includes oil and mining. Exports from the sector rose 58.4%, adding US$ 3.66 billion compared with June 2025. That was the main source of export growth in the month, ahead of manufacturing and agriculture.

Crude oil made the biggest individual contribution. Sales of the product expanded 78.9%, adding US$ 2.77 billion to the export total. Iron ore also helped, with a 20% increase, while copper ores posted a much steeper rise of 103.9%.

Agriculture remained an important part of the trade picture. Soybeans were the main positive driver in the sector, with exports up 17.3%, equivalent to an additional US$ 920 million from a year earlier. In manufacturing, the ministry pointed to fuel oils, beef and chicken meat among the categories that supported the overall export result.

The mix matters. Brazil’s trade surplus is often associated with agriculture, but June’s data underline the scale of the country’s oil and mineral export base. That gives Brazil exposure to global commodity cycles, exchange rate movements and demand from major industrial economies.

First half surplus rises and China stays central

For the first six months of the year, Brazil accumulated a trade surplus of US$ 42.357 billion, a 27.5% increase. Exports from January through June totaled US$ 184.773 billion, while imports came to US$ 142.415 billion.

China remained Brazil’s largest export destination. Shipments to the Chinese market increased 24.4% in June, adding US$ 2.4 billion. The main products behind that gain were crude oil, soybeans and iron ore, the same categories that have anchored much of Brazil’s trade relationship with Asia’s largest economy.

That concentration brings opportunity as well as risk. Strong Chinese demand supports Brazil’s foreign currency inflows and benefits producers across energy, mining and agribusiness. At the same time, it leaves parts of the export economy sensitive to changes in Chinese industrial activity, food demand and inventory cycles.

The June figures also prompted a more optimistic official outlook for the year. Mdic revised its 2026 trade forecast, raising the expected surplus from US$ 72.1 billion to US$ 90 billion. The ministry now projects exports of US$ 394.4 billion and imports of US$ 304.4 billion for the year.

For Brazil, a larger trade surplus can help cushion external accounts and support confidence in the economy. For businesses, it points to continued activity in ports, logistics, energy production, mining supply chains, meat processing and grain exports. It also signals that import demand remains significant, with US$ 26.520 billion in purchases in June alone, a reminder that Brazil is not only a supplier of commodities but also a major buyer of industrial inputs, machinery, technology and consumer goods.

Working with Brazil Business Club

Brazil’s latest trade numbers highlight where global demand is meeting Brazilian supply: oil, minerals, soybeans, meat and fuels. They also show why market access, local relationships and sector knowledge are essential for companies looking to participate in the country’s growth.

If you are considering investing in Brazil, sourcing from Brazilian producers or expanding commercial operations in the market, Brazil Business Club can help you connect with the right people, opportunities and context. Get in touch with the club to explore how Brazil’s trade momentum could fit your business strategy.