BRAZILIAN GASOLINE IMPORTS ARE EXPECTED TO MORE THAN DOUBLE IN APRIL COMPARED TO 2025, ACCORDING TO DATAGRO.

Brazil’s gasoline imports are projected at 309 million liters in April, up over 170% year-on-year but down 7.9% from March, according to Datagro. March inflows reached 335.6 million liters (+193.8% y/y), taking Q1 volumes above 1 billion liters (+66.2%). Strong domestic consumption and inventory rebuilding supported purchases, with Russia supplying nearly 60% of gasoline and 76.6% of diesel imports in April lineups. Diesel imports are seen at 1.22 billion liters in April (+19.4% m/m; -14.8% y/y), amid higher refinery runs by Petrobras. For 2026, StoneX forecasts diesel imports at 17.2 billion liters (-0.6% y/y), as domestic output (+4.5% in Q1) and biodiesel production (10.4 billion liters, +7.2%) expand. Gasoline imports are expected to ease as ethanol supply rises with the Center-South harvest, with prices already declining.
Source: Nova Cana