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Brazil - Singapore Trade 2025 Q2: Resource-for-Tech Surplus

Brazil's $1.26B surplus with Singapore in Q2 2025 highlights a resource-for-tech exchange. Mineral fuels dominate Brazil Singapore trade trend, while Singapore supplies high-tech machinery. Data via yTrade.

Key Market Takeaways: Brazil - Singapore Trade

The bilateral trade relationship between Brazil and Singapore shows volatility with a dominant Brazilian surplus in Q2 2025.

  • Brazil’s $1.26B surplus reflects strong export dominance ($1.48B) over imports ($220.86M), despite mixed YoY growth and sharp monthly swings.
  • Resource-for-Tech exchange: Brazil’s exports are 77.67% mineral fuels (HS 27), while Singapore supplies high-tech machinery (HS 85, 32.28%)—highlighting clear bilateral trade data asymmetry.
  • Complementary but lopsided: Singapore holds the value-add edge with advanced manufacturing, while Brazil remains a commodity anchor.

This bilateral trade snapshot is based on verified customs data from the yTrade database.

Brazil-Singapore Trade Trend in Q2 2025

Brazil Export Performance: Shipments to Singapore

  • Total Volume: $1.48B in Q2 2025.
  • Growth Trend & Context:
    • YoY growth was mixed, with a sharp -44.09% drop in April but a slight recovery (+2.1%) by June.
    • No specific trade news to explain the volatility.
  • Key Volatility: June saw a 54.35% MoM surge after May’s -33.52% collapse.

Brazil Import Performance: Sourcing from Singapore

  • Total Volume: $220.86M in Q2 2025.
  • Growth Trend & Context:
    • YoY swung from near stagnation (+0.07% in April) to a 61.72% spike in June.
  • Key Volatility: June imports jumped 12.03% MoM, marking the quarter’s peak.

Brazil - Singapore Trade Balance & Market Dynamics

  • Net Position: Brazil holds a $1.26B trade surplus with Singapore (Exports: $1.48B vs. Imports: $220.86M).
  • Relationship Status: Brazil dominates as a net exporter, with imports from Singapore playing a minor role.

Brazil Import Trend from Singapore 2025 Q2 (Source: yTrade)**

MonthValueMoMYoY
Apr69.91M-5.41%0.07%
May71.19M1.84%-7.61%
Jun79.76M12.03%61.72%
Total220.86M--

Brazil Export Trend to Singapore 2025 Q2 (Source: yTrade)**

MonthValueMoMYoY
Apr549.11M1.07%-44.09%
May365.05M-33.52%-33.26%
Jun563.47M54.35%2.1%
Total1.48B--

Get Historical Brazil Singapore Trade Records

Brazil-Singapore Top Trading Products in Q2 2025

Brazil Export Profile: What Does Brazil Sell to Singapore

  • Top Commodity: Rank #1 export is HS 27 (Mineral fuels, oils, distillation products) with 77.67% share.
  • Demand Driver: Singapore uses these for industrial processing and energy needs, likely refining or re-exporting.
  • Concentration: Extreme dominance by HS 27 (>50%), indicating high reliance on a single commodity.

Brazil Import Profile: What Does Brazil Buy from Singapore

  • Top Commodity: Rank #1 import is HS 85 (Electrical machinery, equipment) with 32.28% share.
  • Dependency Nature: Critical technology dependency, as HS 84 (machinery) and HS 90 (optical/medical instruments) also feature prominently.

Brazil - Singapore Trade Relationship Dynamics

  • The Exchange Model: Resource-for-Tech Complementarity. Brazil supplies raw materials (fuels, metals) while Singapore provides high-tech machinery and equipment.
  • Value Chain Position: Singapore holds the higher value-add position, exporting complex manufactured goods (HS 84, 85, 90) versus Brazil’s commodity-heavy exports.

Import Analysis by Product: Singapore to Brazil (Source: yTrade)

HS CodeValuePercent
8571.30M32.28%
8466.77M30.23%
9021.35M9.67%
3914.80M6.70%
3810.13M4.59%
299.65M4.37%
404.83M2.19%
733.06M1.39%
152.91M1.32%
302.80M1.27%

Export Analysis by Product: Brazil to Singapore (Source: yTrade)

HS CodeValuePercent
271.15B77.67%
02164.74M11.15%
7277.86M5.27%
8430.87M2.09%
857.11M0.48%
735.54M0.37%
904.58M0.31%
184.31M0.29%
383.79M0.26%
093.12M0.21%

Check Detailed Brazil-Singapore Trade HS Code Breakdown

Future Outlook & Strategic Recommendations

Forecast

Brazil’s trade surplus with Singapore is likely to persist in Q3 2025, driven by sustained demand for mineral fuels (HS 27) and Singapore’s reliance on Brazilian commodities for refining and re-export. However, the extreme volatility in export volumes suggests traders should brace for unpredictable swings, possibly tied to global energy price fluctuations or supply chain disruptions. Meanwhile, imports of high-tech machinery (HS 85) from Singapore may continue growing as Brazil modernizes its industrial base, reinforcing the resource-for-tech exchange model.

Strategic Moves

  • Lock in Fuel Supply Contracts: Brazilian exporters should secure long-term agreements with Singaporean buyers to stabilize revenue amid volatile monthly shipments.
  • Diversify Tech Sourcing: Brazilian importers must reduce dependency on Singapore by exploring alternative suppliers in South Korea or Japan for critical machinery (HS 84, 85, 90).
  • Monitor Energy Market Triggers: Traders on both sides should track OPEC+ decisions and Asian refinery demand to anticipate price shocks and adjust shipment schedules accordingly.

Frequently Asked Questions

How did Brazil - Singapore trade perform in 2025 Q2?

Brazil exported $1.48B to Singapore, with mixed YoY growth (-44.09% in April, +2.1% in June), while imports totaled $220.86M, peaking at +61.72% YoY in June.

What are the top exports from Brazil to Singapore?

Mineral fuels, oils, and distillation products (HS 27) dominated Brazil’s exports to Singapore, accounting for 77.67% of total shipments.

What does Brazil import from Singapore?

Electrical machinery and equipment (HS 85) were Brazil’s top imports from Singapore, representing 32.28% of total imports, followed by other high-tech goods.

What is the trade balance between Brazil and Singapore?

Brazil held a $1.26B trade surplus with Singapore in Q2 2025, driven by strong commodity exports against smaller tech-focused imports.

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