Exports totaled US$31.98 billion and imports were US$25.01 billion; increase compared to October 2024 is 70%
The trade balance recorded a US$6.96 billion surplus in October, announced this Thursday (6.Nov.2025) by the (Ministry of Development, Industry, Commerce and Services). Exports totaled US$31.98 billion and imports, US$25.01 billion.
The increase compared to October 2024 is 70.2%. The tariffs applied by the government of President Donald Trump (Republican Party) on Brazilian products were responsible for a 37.9% drop in exports to the United States. Here is the presentation (PDF – 3MB).
The surplus of US$6.96 billion corresponds to the 2nd largest for October in the historical series, behind only 2023 (US$9.18 billion). In the year, exports totaled US$ 289.7 billion and imports, US$ 237.3 billion, with a positive balance of US$ 52.4 billion and trade flow of US$ 527.1 billion.
USA
Part of the drop is due to the decrease in exports from Brazil to the United States. In August, there was . In September, 20.3% and now the drop is 37.9%.
The 50% rates came into effect on August 6th. Not all items will be charged the full 50%. of the full tariff (PDF – 329 kB), the equivalent of the USA in 2024.
The 37.9% drop in exports to the USA corresponds to the largest ever recorded for October in the historical series, which began in 1997. The value of exports, at US$2.2 billion, is the lowest since 2020.
Exports increased, mainly to the following countries:
- China (33.4%) – with an increase of US$9.2 billion;
- Singapore (8.0%) – US$2.5 billion;
- India (2.3%) – US$726 million;
- Argentina (5.1%) – US$ 1.6 billion;
- Spain (1.1%) – US$5.7 billion.
Exports fell, mainly to the following countries:
- United States (-37.9%) – with a drop of US$ 2.2 billion;
- Algeria (-5.2%) – drop of US$ 1.6 billion.
