[1] Primary trade source
OECD Bilateral International Merchandise Trade Statistics, harmonised by Yugalinks at country-year, HS2 and bilateral-corridor levels. Coverage shown here is 1995–2024 where observations are available.
Country intelligence · BRA · 2024
Brazil trade profile
In 2024, Brazil recorded $349.4B in merchandise exports and $270.1B in imports, producing a $79.3B trade surplus. Exports changed -0.4% from the previous year, while imports changed +9.9%.[1]
Exports
$349.4B
-0.4%
Imports
$270.1B
+9.9%
Trade balance
$79.3B
surplus
Active partners
270
6 FTA-linked
Historical evidence
Ten-year trade movement
The bars compare exports and imports on the same scale. The accompanying table preserves the exact values so the trend is usable without interpreting a graphic.
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
ExportsImports
Exact annual values
Leading export sectors
HS2 chapters rank broad product groups by observed export value in 2024.
1$56.7B
HS 27 · Mineral fuels and oils
42 active HS6 lines · 150 export partners
2$44.6B
HS 12 · HS chapter
49 active HS6 lines · 156 export partners
3$40.5B
HS 26 · HS chapter
37 active HS6 lines · 84 export partners
4$24.0B
HS 02 · HS chapter
60 active HS6 lines · 175 export partners
5$19.3B
HS 17 · HS chapter
17 active HS6 lines · 178 export partners
6$13.2B
HS 87 · Vehicles
87 active HS6 lines · 170 export partners
7$13.1B
HS 72 · HS chapter
167 active HS6 lines · 136 export partners
8$13.0B
HS 84 · Machinery
515 active HS6 lines · 186 export partners
Leading export markets
Destinations rank bilateral export flows from Brazil; growth describes each corridor rather than the whole economy.
1$99.9B
China
Annual change -7.2% · 3-year CAGR 2.5%
2$41.1B
United States
Annual change +8.3% · 3-year CAGR 9.8%
3$13.7B
Argentina
Annual change -17.3% · 3-year CAGR 5.0%
4$10.1B
Mexico
Annual change -8.0% · 3-year CAGR 10.1%
5$9.6B
Netherlands
Annual change -3.3% · 3-year CAGR 9.4%
6$9.5B
Spain
Annual change +21.6% · 3-year CAGR 21.1%
7$7.3B
Germany
Annual change +5.5% · 3-year CAGR 3.7%
8$7.2B
Singapore
Annual change +10.8% · 3-year CAGR 15.5%
Sources, definitions and limitations
Calculation notes
USD values are aggregated from reported merchandise records. YoY compares consecutive annual totals; three-year CAGR is the mart-provided compound annual growth rate. Missing values are not inferred.