Overview
- Brazil reported a US$9.8 billion trade surplus for June, the MDIC said on Friday, a 66.6% increase from June 2025 and the largest monthly trade turnover on record at US$62.8 billion.
- June exports reached US$36.3 billion, up 24.9%, while imports rose to US$26.5 billion, up 14.4%, with gains concentrated in the extractive, manufacturing and agricultural sectors.
- The revenue boost was concentrated in a few commodities — crude oil, fuels, iron ore, soy, poultry and beef — and reflected higher international prices rather than broad volume growth.
- Exports to the United States rose 3.7% in value in June but fell 6.6% in physical volume, MDIC official Herlon Brandão said, and the ministry noted the May Brent oil peak fed into June prices.
- The MDIC raised its 2026 trade surplus forecast from US$72.1 billion to US$90 billion and lifted export and import projections, but analysts warn the price-driven rebound could be short lived if volumes and product diversification do not recover.