Brazil Trade Surplus Hits US$7.7 Billion in September
Brazil's trade surplus hit US$7.74 billion in September, led by oil and copper, as exports to the US rose 31.9% despite a 25% American tariff. The post Brazil Trade Surplus Hits US$7.7 Billion in September appeared first on The Rio Times .
Brazil's trade surplus widened to US$7.74 billion in September 2026, a 146.4% increase compared to the same period last year, according to the country's trade ministry. The ministry attributed the surge to a 31.9% rise in exports to the United States, reaching US$3.52 billion, despite a 25% tariff imposed there since July. Imports from the US increased by 9.6% to US$2.67 billion, resulting in a US$0.91 billion deficit.
The extractive industry, including mining and oil, saw exports jump 39.8% to US$9.44 billion, with crude oil sales up 77.3% and copper ore 74.2%. Farm exports grew by 4.8% to US$7.00 billion, with soy and unroasted coffee exports rising 11.9% and 8.7%, respectively. However, exports of iron ore and fresh or frozen beef declined.
China, Brazil's largest customer, remained the top importer, but sales to China fell 7.6% to US$7.89 billion. Despite the overall surplus, the European Union emerged as the second-largest trading partner, with sales to the bloc increasing by 60.1% to US$6.95 billion.
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