Brazil records 4.2 billion dollar trade surplus in February
Brazil posted a 4.2 billion dollar surplus in February as exports rose 15.6 percent. Imports fell 4.8 percent while the central bank held rates at 15 percent.
The trade balance of Brazil swung to a $4.2 billion surplus in February, matching market forecasts and reversing a deficit from the previous year. According to the Ministry of Development, Industry, Trade and Services, exports for Latin America's largest economy rose 15.6% to $26.3 billion, while imports saw a 4.8% decline to $22.1 billion. This performance contrasts with the $500 million deficit recorded in February 2025. The increase in export value was supported by higher shipments of commodities such as Brent Crude Oil, CENTRAL IRON ORE LTD, and Soybeans. However, these gains were partially offset by a decrease in exports of products including those from Axita Cotton Limited and Rogers Sugar Inc.. The decline in imports, particularly in non-electric engines and machinery, reflects a broader cooling of the domestic economy. The central bank has maintained interest rates at 15%—a nearly 20-year high—since July of last year to combat inflation. Despite the slowing internal demand, the ministry remains optimistic for the year ahead, projecting a total trade surplus between $70 billion and $90 billion for 2026, which would exceed the $68.3 billion surplus seen in 2025.
