Brazil - United States Trade 2025 Q2: Deficit & Tech Dependence
Key Market Takeaways: Brazil - United States Trade
- The bilateral trade relationship between Brazil and United States shows mixed growth with persistent volatility in 2025 Q2.
- Economic Pulse: Brazil ran a $1.58B trade deficit with the U.S. ($12.09B imports vs. $10.51B exports), reflecting stronger demand for U.S. goods despite Brazil’s export resilience in April.
- Exchange Structure: Brazil - United States trade statistics reveal a resource-for-tech complementarity—Brazil supplies fuels and metals (15.87% HS 27) while the U.S. dominates with machinery (24.50% HS 84).
- Strategic Interdependence: The partnership hinges on Brazil’s raw material exports and critical U.S. tech imports, reinforcing a high-value-add asymmetry in favor of the U.S.
This bilateral trade snapshot is based on verified customs data from the yTrade database.
Brazil-United States Trade Trend in Q2 2025
Brazil Export Performance: Shipments to United States
- Total Volume: $10.51B in Q2 2025.
- Growth Trend & Context: Mixed YoY performance—April surged 20.23%, but June dipped -0.73%. No clear trend driver; news context is absent.
- Key Volatility: June saw a sharp MoM drop (-6.77%), contrasting May’s modest 2.0% gain.
Brazil Import Performance: Sourcing from United States
- Total Volume: $12.09B in Q2 2025.
- Growth Trend & Context: YoY growth was volatile—April +13.14%, May -3.07%, June +19.4%. No news to explain swings.
- Key Volatility: June imports spiked 7.94% MoM, while May declined -2.76%.
Brazil - United States Trade Balance & Market Dynamics
- Net Position: Brazil ran a $1.58B trade deficit with the U.S. (Imports $12.09B > Exports $10.51B).
- Relationship Status: Persistent import reliance, though exports showed resilience in April. Deficit suggests ongoing demand for U.S. goods.
Brazil Import Trend from United States 2025 Q2 (Source: yTrade)**
| Month | Value | MoM | YoY |
|---|---|---|---|
| Apr | 4.00B | 7.06% | 13.14% |
| May | 3.89B | -2.76% | -3.07% |
| Jun | 4.20B | 7.94% | 19.4% |
| Total | 12.09B | - | - |
Brazil Export Trend to United States 2025 Q2 (Source: yTrade)**
| Month | Value | MoM | YoY |
|---|---|---|---|
| Apr | 3.54B | 10.41% | 20.23% |
| May | 3.61B | 2.0% | 9.12% |
| Jun | 3.36B | -6.77% | -0.73% |
| Total | 10.51B | - | - |
Get Historical Brazil United States Trade Records
Brazil-United States Top Trading Products in Q2 2025
Brazil Export Profile: What Does Brazil Sell to United States
- Top Commodity: Rank #1 Export is HS 27 (Mineral Fuels, Oils) at 15.87% of total exports to the U.S.
- Demand Driver: The U.S. imports these for industrial processing, likely refining or energy production.
- Concentration: No single category dominates; the top 3 exports (HS 27, 72, 84) combine for 39.21%, indicating moderate diversification.
Brazil Import Profile: What Does Brazil Buy from United States
- Top Commodity: Rank #1 Import is HS 84 (Nuclear Reactors, Machinery) at 24.50% of total imports from the U.S.
- Dependency Nature: Reflects critical technology dependency, as machinery and equipment are essential for Brazil’s industrial and infrastructure development.
Brazil - United States Trade Relationship Dynamics
- The Exchange Model: Resource-for-Tech Complementarity. Brazil supplies raw materials (fuels, iron/steel) while the U.S. provides high-value machinery and tech.
- Value Chain Position: The U.S. holds the higher value-add position, with advanced exports (HS 84, 88, 90) outweighing Brazil’s commodity-heavy exports.
Import Analysis by Product: United States to Brazil (Source: yTrade)
| HS Code | Value | Percent |
|---|---|---|
| 84 | 2.96B | 24.50% |
| 27 | 2.59B | 21.44% |
| 30 | 775.81M | 6.42% |
| 39 | 760.78M | 6.29% |
| 88 | 722.29M | 5.97% |
| 90 | 555.86M | 4.60% |
| 29 | 531.71M | 4.40% |
| 38 | 520.84M | 4.31% |
| 85 | 506.00M | 4.18% |
| 87 | 373.43M | 3.09% |
Export Analysis by Product: Brazil to United States (Source: yTrade)
| HS Code | Value | Percent |
|---|---|---|
| 27 | 1.67B | 15.87% |
| 72 | 1.53B | 14.55% |
| 84 | 924.15M | 8.79% |
| 88 | 655.06M | 6.23% |
| 09 | 610.35M | 5.81% |
| 02 | 452.62M | 4.31% |
| 44 | 424.41M | 4.04% |
| 85 | 422.84M | 4.02% |
| 47 | 348.90M | 3.32% |
| 20 | 303.35M | 2.89% |
Check Detailed Brazil-United States Trade HS Code Breakdown
Future Outlook & Strategic Recommendations
Forecast
The Brazil - United States trade relationship is poised for moderate growth in Q3 2025, driven by resilient demand for Brazilian mineral fuels (HS 27) and U.S. machinery (HS 84). However, volatility in monthly trade flows—particularly Brazil’s June export dip and import surge—signals potential short-term disruptions, possibly due to shifting commodity prices or supply chain bottlenecks. The persistent $1.58B trade deficit underscores Brazil’s reliance on U.S. high-tech imports, a trend unlikely to reverse without structural shifts. Traders should prepare for price fluctuations in key commodities like fuels and steel, while capitalizing on steady demand for U.S. industrial equipment.
Strategic Moves
- Lock in Fuel Contracts: Brazilian exporters of mineral fuels (HS 27) should secure long-term agreements with U.S. refiners to hedge against volatile pricing and ensure stable revenue streams.
- Diversify Import Sources: Brazilian buyers of U.S. machinery (HS 84) must explore alternative suppliers in Europe or Asia to mitigate overreliance and negotiate better terms.
- Boost Export Competitiveness: Brazil’s government and trade bodies should prioritize incentives for value-added exports (e.g., processed agricultural goods) to narrow the trade deficit and reduce commodity dependency.
Frequently Asked Questions
How did Brazil - United States trade perform in 2025 Q2?
Brazil exported $10.51B to the U.S. and imported $12.09B, with mixed YoY growth—April saw surges, while June dipped.
What are the top exports from Brazil to United States?
HS 27 (Mineral Fuels, Oils) led Brazil’s exports at 15.87%, followed by HS 72 and HS 84, combining for 39.21% of total exports.
What does Brazil import from United States?
HS 84 (Nuclear Reactors, Machinery) was Brazil’s top import at 24.50%, reflecting critical technology dependency for industrial development.
What is the trade balance between Brazil and United States?
Brazil ran a $1.58B trade deficit with the U.S., driven by higher imports of machinery and tech compared to commodity exports.
Brazil - United States Trade 2025 Q1: Deficit with Momentum
Brazil's United States trade trend shows a $1.20B deficit, fueled by rising U.S. demand. Top trading products include fuels and machinery, per yTrade data.
2023 Aug Chile Global Trade Data Summary: Copper Dominates Exports
Chile's import and export data reveals a 0.7% export rise and 18.6% import drop, narrowing the deficit to $60M. Copper dominates 60% of exports, with 36% shipped to China, per yTrade.
