The Brazilian trade balance reported a USD 8.154 billion surplus in March 2025, the second highest in history, due to a 10.8% increase in agricultural export volume and cattle, coffee, cellulose, and copper ore sales. Exports rose 5.5% to USD 29.177 billion, while imports rose 2.6% to USD 21.023 billion. The higher soybean and corn production helped offset a drop in commodity prices. Manufacturing exports rose but pricing declined, while mining and quarrying fell in both indexes. The government predicts a USD 70.2 billion surplus in 2025, down from 2024, as exports rise 4.8% and imports rise 7.6%. External factors like the US tariff and China’s response may change forecasts.
Source: Compre Rural (*Translated by Ia Niani)
TRADE BALANCE SOARS TO A MARCH SURPLUS OF USD 8.15 BILLION
Published On - 11 de April de 2025