The positive trade balance for the first three months of the year was a result of the difference between exports of $77.31 billion (€70.71 billion), a decrease of 0.5% from the same period in 2024, and imports of $67.33 billion (€61.58 billion), which increased by 13.7% compared to the same period last year.
The industrial sector’s exports stood out in the first quarter, recording a rise of 5.6%.
Agricultural sector exports grew by 4.6%, reaching €15.42 billion, while the extractive sector (including mining and oil) saw a decline of 16.7%, amounting to €15.57 billion.
Despite a 13.2% drop in sales to China, the Asian giant remains the primary destination for Brazilian exports.
The European Union (EU) follows, with an increase of 16.6%, and the United States, where sales fell by 0.8%.
On the other hand, imports in the quarter rose by 13.7%, driven primarily by imports from China, which surged by 33.9% compared to the same period in 2024.
Last year, the largest economy in Latin America achieved a trade surplus of $74.6 billion (€68.19 billion), marking the second-best balance in its history, although this was 24.6% lower than the record set in 2023.
