This result is surpassed only by the years 2019 and 2020, which recorded net outflows of US$44.768 billion and US$27.923 billion, respectively
In 2024, the Brazil faced a negative foreign exchange flow of US$15.918 billion, marking the third largest net outflow of since 2008. This result is surpassed only by the years 2019 and 2020, which recorded net outflows of US$44.768 billion and US$27.923 billion, respectively. The rise in the dollar, which accumulated an increase of 27%, caused the currency to end the year quoted at R$6.18, reflecting external pressures and uncertainties regarding the country’s fiscal scenario. With regard to financial flow, the balance was negative at US$84.396 billion throughout the year. Purchases totaled US$589.989 billion, while sales reached US$674.385 billion. Despite this challenging scenario, foreign trade presented a positive balance of US$68.478 billion, with exports totaling US$298.456 billion and imports of US$229.978 billion.
In December, the outlook was even more worrying, with a total negative flow of US$24.314 billion. The financial channel recorded an outflow of US$26.042 billion, while the commercial channel had an inflow of just US$1.728 billion. This situation highlights the fragility of the Brazilian foreign exchange market at the end of the year. Expectations for 2025 indicate that the dollar should remain at high levels, with forecasts pointing to an end of the year at R$5.96.
Published by Sarah Paula
*Report produced with the help of AI
