Brazil - Russia Trade 2025 Q2: Imbalanced Resource Exchange
Key Market Takeaways: Brazil - Russia Trade
The bilateral trade relationship between Brazil and Russia remains heavily imbalanced, with Brazil running a significant deficit in Q2 2025.
- Economic Pulse: Brazil’s trade deficit with Russia hit $2.63B (imports: $3.01B > exports: $382.07M), driven by steep YoY import declines (-17.27% in May, -28.6% in June).
- Exchange Structure: Brazil - Russia trade statistics reveal a resource-for-energy dependency—Brazil supplies meat (32.97% of exports) while relying on Russian mineral fuels (54.97% of imports).
- Strategic Interdependence: The partnership is highly complementary but asymmetric, with Russia holding the value-add advantage in energy and fertilizers.
This bilateral trade snapshot is based on verified customs data from the yTrade database.
Brazil-Russia Trade Trend in Q2 2025
Brazil Export Performance: Shipments to Russia
- Total Volume: $382.07M in Q2 2025.
- Growth Trend & Context:
- YoY growth was mixed, with May (+7.47%) and June (+7.27%) rebounding from April’s sharp decline (-36.39%).
- Key Volatility: May saw a 43.35% MoM surge, followed by a -31.95% drop in June.
Brazil Import Performance: Sourcing from Russia
- Total Volume: $3.01B in Q2 2025.
- Growth Trend & Context:
- Steep YoY declines persisted: April (+9.5%) was an outlier before May (-17.27%) and June (-28.6%) contracted sharply.
- Key Volatility: June imports fell -11.07% MoM, the lowest monthly value ($904.69M).
Brazil - Russia Trade Balance & Market Dynamics
- Net Position: Brazil ran a trade deficit of $2.63B (Imports $3.01B > Exports $382.07M).
- Relationship Status: Heavy reliance on Russian imports, with exports failing to offset the imbalance.
Brazil Import Trend from Russia 2025 Q2 (Source: yTrade)**
| Month | Value | MoM | YoY |
|---|---|---|---|
| Apr | 1.08B | 7.82% | 9.5% |
| May | 1.02B | -6.15% | -17.27% |
| Jun | 904.69M | -11.07% | -28.6% |
| Total | 3.01B | - | - |
Brazil Export Trend to Russia 2025 Q2 (Source: yTrade)**
| Month | Value | MoM | YoY |
|---|---|---|---|
| Apr | 112.08M | -18.09% | -36.39% |
| May | 160.66M | 43.35% | 7.47% |
| Jun | 109.33M | -31.95% | 7.27% |
| Total | 382.07M | - | - |
Get Historical Brazil Russia Trade Records
Brazil-Russia Top Trading Products in Q2 2025
Brazil Export Profile: What Does Brazil Sell to Russia
- Top Commodity: Rank #1 Export is HS 02 (Meat and edible meat offal) with a 32.97% share.
- Demand Driver: Russia imports these primarily for consumer market needs, indicating strong demand for Brazilian meat products.
- Concentration: The top 3 exports (HS 02, 09, 12) account for 81.85% of total exports, showing high trade concentration in agricultural goods.
Brazil Import Profile: What Does Brazil Buy from Russia
- Top Commodity: Rank #1 Import is HS 27 (Mineral fuels, oils, and related products) with a 54.97% share.
- Dependency Nature: Brazil relies heavily on Russian energy exports, highlighting a raw material dependency for fuel supply.
Brazil - Russia Trade Relationship Dynamics
- The Exchange Model: Resource-for-Tech Complementarity—Brazil exports agricultural goods (HS 02, 09, 12) while importing energy (HS 27) and fertilizers (HS 31) from Russia.
- Value Chain Position: Russia holds a higher value-add position due to energy and chemical exports, while Brazil supplies lower-value agricultural products.
Import Analysis by Product: Russia to Brazil (Source: yTrade)
| HS Code | Value | Percent |
|---|---|---|
| 27 | 1.65B | 54.97% |
| 31 | 1.25B | 41.53% |
| 28 | 45.55M | 1.52% |
| 25 | 14.78M | 0.49% |
| 40 | 12.36M | 0.41% |
| 29 | 5.55M | 0.18% |
| 72 | 5.51M | 0.18% |
| 84 | 5.36M | 0.18% |
| 85 | 4.50M | 0.15% |
| 76 | 3.91M | 0.13% |
Export Analysis by Product: Brazil to Russia (Source: yTrade)
| HS Code | Value | Percent |
|---|---|---|
| 02 | 125.99M | 32.97% |
| 09 | 94.32M | 24.69% |
| 12 | 92.42M | 24.19% |
| 21 | 21.88M | 5.73% |
| 24 | 11.12M | 2.91% |
| 84 | 6.95M | 1.82% |
| 29 | 5.98M | 1.56% |
| 30 | 3.61M | 0.95% |
| 05 | 3.31M | 0.87% |
| 08 | 2.72M | 0.71% |
Check Detailed Brazil-Russia Trade HS Code Breakdown
Future Outlook & Strategic Recommendations
Forecast for Brazil-Russia Trade
The Brazil-Russia trade relationship is likely to face continued volatility in the near term, driven by Brazil’s heavy reliance on Russian energy imports and fluctuating demand for its agricultural exports. While meat exports (HS 02) show resilience, the sharp declines in Russian imports of Brazilian goods—coupled with Brazil’s widening trade deficit—signal potential headwinds. Energy dependency will keep Brazil vulnerable to supply disruptions, but strategic diversification or long-term supply agreements could stabilize the imbalance. Traders should prepare for a period of consolidation, with export growth hinging on sustained demand in Russia’s consumer markets.
Strategic Moves for Traders & Policymakers
- Diversify Energy Sourcing: Brazil must reduce over-reliance on Russian mineral fuels (HS 27) by accelerating partnerships with alternative suppliers in the Middle East or North America to mitigate supply chain risks.
- Lock in Meat Export Contracts: Brazilian agribusinesses should secure long-term agreements with Russian buyers to stabilize revenue streams, capitalizing on consistent demand for HS 02 (meat) despite broader trade volatility.
- Boost High-Value Exports: Brazil’s export profile is overly concentrated in low-margin agricultural goods. Prioritize expanding shipments of processed foods or niche manufacturing goods to improve trade balance and value-add positioning.
Frequently Asked Questions
How did Brazil - Russia trade perform in 2025 Q2?
Brazil's exports to Russia totaled $382.07M, with mixed YoY growth, while imports from Russia reached $3.01B, showing steep YoY declines.
What are the top exports from Brazil to Russia?
The top exports are HS 02 (Meat and edible meat offal), HS 09, and HS 12, accounting for 81.85% of total exports.
What does Brazil import from Russia?
Brazil primarily imports HS 27 (Mineral fuels, oils, and related products) and HS 31 (Fertilizers) from Russia.
What is the trade balance between Brazil and Russia?
Brazil recorded a trade deficit of $2.63B with Russia in Q2 2025, driven by heavy reliance on Russian energy imports.
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