The Brazilian trade balance recorded a surplus of US $ 5.89 billion in June 2025, according to data released on Thursday (4) by the Foreign Trade Secretariat of the Ministry of Development, Industry, Commerce and Services (MDIC).
The result is a 9.2% drop from last year, when the balance was $ 6.3 billion.
The value is the result of exports that totaled US $ 29.15 billion and imports of US $ 23.26 billion. The trade current totaled US $ 52.4 billion in the month, with a 2.5% growth compared to June 2024.
From the year from January to June, Brazilian exports totaled US $ 165.87 billion, a slight drop of 0.7% compared to the same period of 2024. Imports, on the other hand, grew by 8.3% and reached US $ 135.78 billion.
The commercial balance in the semester was positive at US $ 30.09 billion, while the trade current reached US $ 301.65 billion, up 3.2%.
Exports were driven in June by the transformation industry, which grew 10.9% compared to the same month of 2024.
Products such as beef (52.8%high), passenger vehicles (+110.8%) and non-monetary gold (+82.4%) were highlighted. Agriculture and extractive industry retreated, with falls of 10% and 6.2%, respectively.
On the import side, there was a 3.8% advance compared to June 2024. Growth was pulled by the transformation industry (+5.5%), especially engines and machines, chemical compounds and aircraft. Extractive industry and agriculture retreated in the month.
In the year’s accumulated, the main brakes for exports came from soy (a drop of US $ 2.48 billion), iron ore (− −U $ 2.66 billion) and crude oil (− − − − − $ 2.44 billion).
On the other hand, imports grew strongly, especially in transformation industry items (+$ 12.38 billion), such as platforms and vessels (+863.5%) and fertilizers.
Expectation for the year is a smaller surplus
According to projections from the Foreign Trade Secretariat, the trade balance surplus in 2025 should be lower than recorded in 2024. The most recent estimate points out a balance of US $ 50.4 billion this year, a reduction of 32% over the previous year. For 2024, the surplus was $ 74.2 billion.
In the first forecast, made at the beginning of the year, the government was still expecting a surplus of $ 70.2 billion, but revised the numbers in the face of the slowdown of exports and the increase of imports.
The commerce current should end 2025 at US $ 633.5 billion, up 5.6% compared to the previous year. Exports are projected at US $ 341.9 billion (up 1.5%), and imports at US $ 291.5 billion (up 10.9%).
