LatinNews Daily - 07 July 2025

*Brazil’s ministry of development, industry, trade, and services (MDIC) has released its trade figures for June, showing a trade surplus of US$5.89bn, down 6.9% year-on-year. This latest monthly result also marks a decrease from the surpluses of US$7.02bn in May, US$7.63bn in April, and US$7.73bn in March. Exports totalled US$29.15bn in May (+1.4% year-on-year), while imports totalled US$23.26bn (+3.8%). Compared to May last year, Brazil’s agricultural exports dropped by 10.0%, with a total export value of US$6.94bn, and extractive industries registered a monthly export value of US$6.24bn, down 6.2% year-on-year. Meanwhile, the manufacturing sector posted US$15.82bn in exports in June, up 10.9% in yearly terms. Brazil’s trade surplus for the first half of 2025 stood at US$30.09bn, down 27.6% from the same period in 2024. Exports dropped by 0.7% year-on-year, totalling US$165.87bn, while imports rose by 8.3%, with a total import value of US$135.78bn from January-June. In terms of export destinations, exports to the US from January-June totalled US$20.02bn, up 4.4% compared to the first half of 2024, while exports to Argentina totalled US$9.12bn, up 55.4%. However, exports to China dropped by 7.6%, registering US$48.39bn for the period.

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