Brazil’s Exports Rise 7% in First Quarter, Trade Balance Remains Positive

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Brazil’s exports in the first quarter of 2026 grew by 7.1% compared to the same period last year, reaching a total of US$82.3 billion, according to data released Tuesday (April 7) by the Secretariat of Foreign Trade of the Ministry of Development, Industry, Commerce and Services (Secex/MDIC).

In March alone, exports hit US$31.6 billion, a 10.0% increase from US$28.73 billion in March 2025. Imports in March reached US$25.2 billion, up 20.1% from US$20.99 billion a year earlier. The trade surplus for the month stood at US$6.4 billion, with total trade flow amounting to US$56.8 billion—a 14.3% increase compared to March 2025.

For the first three months of 2026, imports totaled US$68.2 billion, a 1.3% rise from US$67.27 billion in the same period of 2025. The first-quarter trade surplus was US$14.2 billion, with total trade flow reaching US$150.5 billion—an increase of 4.4% year-on-year.

Sector Performance

On a sectoral basis, March 2026 exports compared to March 2025 showed strong growth in Extractive Industry (+US$1.96 billion, 36.4%), followed by Manufacturing (+US$0.81 billion, 5.4%) and Agriculture (+US$0.09 billion, 1.1%).

In the January–March period, Extractive Industry led the growth with an increase of US$3.83 billion (22.6%), followed by Manufacturing (+US$1.18 billion, 2.8%) and Agriculture (+US$0.4 billion, 2.4%).

Import trends in March 2026 showed the largest increase in Manufacturing products (+US$4.02 billion, 20.8%) and Extractive Industry (+US$0.23 billion, 24.1%), while Agriculture imports fell by US$0.06 billion (10.2%).

For the first quarter, imports of Manufacturing products rose by US$1.41 billion (2.3%), while Agriculture imports dropped by US$0.34 billion (19.9%) and Extractive Industry by US$0.22 billion (7.4%).

The data underscores Brazil’s continued strength in commodities and extractive industries, even as manufacturing imports continue to grow. The overall trade balance remains robust, reflecting a resilient export sector despite rising import costs.

Source: GovBr

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