Brazil’s exports to China jumped 24.4% in June 2026 to $12.291 billion, driving a $4.490 billion monthly trade surplus. For the first half of 2026, exports to China totaled $58.322 billion — up 21.9% — yielding a $19.777 billion surplus. By contrast, exports to Argentina fell 18.1% in June to $1.325 billion, while EU exports rose 32.4% to $4.888 billion. Herlon Brandão of MDIC cited weakening Argentine demand as a key factor. All data come from Brazil’s Secex/MDIC.
According to www.tribunadosertao.com.br, Brazilian exports to China rose 24.4% in June 2026, reaching $12.291 billion, compared to $9.877 billion in June 2025.
China trade balance surges amid strong export growth
In June 2026, Brazil’s imports from China totaled $7.801 billion, an increase of 27.1% over the $6.140 billion recorded in June 2025. This resulted in a monthly trade surplus of $4.490 billion with China. For the first half of 2026, exports to China amounted to $58.322 billion, up 21.9% year-on-year, while imports rose 8.0% to $38.545 billion. The resulting six-month surplus stood at $19.777 billion.
Argentina trade declines sharply
Exports to Argentina fell 18.1% in June 2026, totaling $1.325 billion, while imports rose 17.2% to $1.285 billion, yielding a narrow surplus of $40 million. Over the January–June period, Brazilian exports to Argentina declined 19.4% to $7.352 billion, whereas imports increased 3.8% to $6.401 billion, producing a cumulative surplus of $951 million.
EU trade expands with modest surplus
Brazilian exports to the European Union surged 32.4% in June 2026, reaching $4.888 billion — up from $3.418 billion in June 2025. Imports rose 13.9% to $4.708 billion, versus $4.133 billion a year earlier, generating a monthly surplus of $180 million. In the first half of 2026, EU exports grew 12.8% to $26.906 billion, while imports declined slightly by 0.4% to $24.263 billion, delivering a six-month surplus of $2.643 billion.
Policy context and official assessment
Herlon Brandão, Director of the Department of Statistics and Foreign Trade Studies at Brazil’s Ministry of Development, Industry, Commerce and Services (MDIC), attributed Argentina’s reduced demand for Brazilian goods to shifting regional economic conditions. According to the report, China, the United States, Argentina, and the European Union remain Brazil’s four largest trading partners. All figures were released by the Secretariat of Foreign Trade (Secex) under the MDIC.
The data reflect continued structural reliance on commodity-driven export growth — particularly soybeans, iron ore, and oil — which constitute over 70% of Brazil’s shipments to China. Meanwhile, machinery, vehicles, and processed foods dominate Brazilian imports from the EU and Argentina. These patterns underscore persistent asymmetries in value-added trade relationships across key markets.
Source: tribunadosertao.com.br
Compiled from international media by the SCI.AI editorial team.
