Brazil recorded a $9.8 billion trade surplus in June, according to government data reported by G1. The result was 66% higher than the $5.9 billion surplus registered in the same month of 2025.
The figures are based on single-source reporting from G1. A trade surplus means exports exceeded imports; a deficit means the opposite.
Record Exports
Brazil exported $36.3 billion in goods in June, up 24.9% on a daily-average basis from a year earlier. Imports totaled $26.5 billion, up 14.4% by the same measure.
According to Brazil's Ministry of Development, Industry, Trade and Services (MDIC), June's export value was the highest ever recorded for any month in the country's trade series. Imports also posted the strongest June result in the series.
For the first six months of 2026, Brazil's trade surplus reached $42.4 billion, up 40.3% from $30.2 billion in the same period of 2025. Exports from January through June totaled $184.8 billion, up 11.5% on a daily-average basis, while imports reached $142.4 billion, up 5.1%.
Full-Year Outlook
The government updated its forecast for Brazil's trade balance and now expects a $90 billion surplus in 2026. If confirmed, that would be the second-highest annual surplus in the country's history.
Officials projected exports of $394.4 billion for the year and imports of $304.4 billion. The June increase in exports was driven by higher sales of crude oil, aircraft and fuels, according to MDIC.
G1 reported that prices for some of those products, including fuels, rose because of the impact of the war in the Middle East. The article did not provide a detailed breakdown of the price and volume effects.
U.S. Tariff Risk
Exports to the United States rose 3.7% in June from a year earlier, increasing from $3.34 billion to $3.47 billion. G1 said sales to the U.S. market had fallen in recent months before the June increase.
The United States was Brazil's third-largest export destination in June, behind China and the European Union. Brazil sold $12.2 billion to China, $4.8 billion to the EU and $3.4 billion to the United States, according to the figures cited by G1.
The trade data came as Donald Trump's U.S. government threatened Brazil with additional tariffs. Brazil sent a response to Washington on Wednesday, July 1, over a U.S. investigation that accused the Brazilian government of practices that allegedly burden or restrict trade with American companies.
Brazil's response seeks to prevent the United States from applying proposed additional tariffs of 25% on Brazilian products. In a document signed by Foreign Minister Mauro Vieira, Brazil said U.S. criticism of Pix, the country's instant-payment system, and of rulings by Brazil's Supreme Federal Court (STF) concern domestic policy disagreements rather than trade matters.