In the second month of the tariff hike imposed by the Donald Trump administration, Brazilian exports to the United States fell 20.31% in September compared to the same period last year, the Ministry of Development, Industry, Trade and Services (Mdic) announced on Monday (6). However, growth in sales to other markets ensured a record in Brazilian foreign sales.

Last month, the country sold US$2.58 billion to the US market, compared to US$3.23 billion in the same period of 2024. Imports from the United States, on the other hand, increased by 14.31%, from US$3.8 billion to US$4.35 billion in the same comparison.
Photo: Disclosure
Increased imports, combined with a decline in exports, resulted in a trade deficit between Brazil and the United States of US$1.77 billion last month, marking the ninth consecutive trade deficit with the country and the largest recorded this year.
In the first nine months of 2025, Brazil exported US$29.213 billion to the United States, a decrease of only 0.61% compared to the first nine months of last year. Imports totaled US$34.315 billion, an increase of 11.81%, causing the trade deficit to rise to US$5.102 billion in 2025.
In the same period last year, Brazil had a trade deficit of US$1.317 billion with the United States. The trade deficit is unfavorable for Brazil, but favorable for the United States. Before the Donald Trump administration imposed the US$50% tariff on several Brazilian products, Brazil was already experiencing a deficit with the US market.
New markets
The drop in exports to the United States was not reflected in the overall trade balance. This is because exports to other partners grew, especially to Asia. Exports to Singapore rose 133.1% US$ 500 million compared to September of last year.
For India, the increase was 124.1% (US$$ 400 million). Other highlights were Bangladesh (+80.6% or US$$ 100 million); Philippines (+60.4% or US$$ 100 million); and China (+14.9% or US$$ 1.1 billion).
For South America, Brazilian sales grew 29.31% of the time frame for the fourth quarter of the year, driven by Argentina, a country to which exports increased 24.91% of the time frame for the fourth quarter of the year from September of last year to September of this year. During the same period, sales to the European Union increased 21% of the time frame for the fourth quarter of the year.
Last month, Brazil exported US$30.54 billion, a record for the month, representing a 7.21% increase compared to September 2024. However, the trade surplus shrank by 41.11%, reaching US$2.99 billion, due to the purchase of a US$2.4 billion oil platform from Singapore.
