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LatinNews Daily - 05 December 2025
In brief: Brazil’s trade surplus down in November
*Brazil’s ministry for development, industry, trade, and services has released the monthly trade figures for November, showing a surplus of US$5.84bn. This is down 13.4% compared to the surplus in November last year. Exports totalled US$28.51bn in November this year, up 2.4% year-on-year, while the total monthly import value stood at US$22.67bn, up 7.4%. Brazil’s agricultural exports totalled US$5.65bn in November, up 25.8% in yearly terms, and manufacturing exports were up 3.7% year-on-year, with a monthly export value of US$16.17bn. However, extractive industries saw a 14.0% yearly decrease in exports, registering an export value of US$6.52bn in November. Regarding export destinations, Brazil’s monthly exports to China totalled US$8.27bn, up 41.0% year-on-year. Exports to the US totalled US$2.66bn, down 28.1% year-on-year, and exports to Argentina totalled US$1.23bn, down 3.4% compared to the same month last year.
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