Latest reading: The current account posted a USD 5.1 billion deficit in June, deteriorating from the USD 3.4 billion deficit...
Merchandise Imports in Brazil
Merchandise imports in Brazil were worth USD 263 billion in 2024, compared to USD 231 billion ten years earlier, and they averaged USD 203 billion over the last decade. For more information on imports, visit our dedicated page.
Brazil Merchandise Imports Chart
Note: This chart displays Imports (USD billion) for Brazil from 2024 to 2023.
Source: Macrobond.
Brazil Merchandise Imports Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Merchandise Imports (USD bn) | 186 | 159 | 219 | 273 | 241 |
| Merchandise Imports (ann. var. %) | 0.3 | -14.6 | 38.2 | 24.2 | -11.7 |
Current account deficit widens in June
Latest reading: The current account posted a USD 5.1 billion deficit in June, deteriorating from the USD 3.4 billion deficit booked in May (June 2024: USD 3.4 billion shortfall). Meanwhile, in the 12 months leading up to June, the current account posted a USD 73.1 billion deficit, compared to the USD 71.4 billion deficit clocked in May. The merchandise trade balance worsened from the previous month, recording a USD 5.9 billion surplus in June (May 2025: USD 7.0 billion surplus) and undershooting market expectations. Merchandise exports rose 1.4% annually in June (May: -0.8% year on year). Meanwhile, merchandise imports expanded 3.8% over the same month last year in June (May: +4.7% yoy).
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Brazilian merchandise imports projections for the next ten years from a panel of 13 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable merchandise imports forecast available for Brazilian merchandise imports.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Brazilian merchandise imports projections.
Want to get access to the full dataset of Brazilian merchandise imports forecasts? Send an email to info@focus-economics.com.
Latest Global Current Account News
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Brazil: Current account deficit widens in June -
Turkey: Current account records narrower deficit in May Latest reading: The current account recorded a USD 0.7 billion deficit in May, improving from the USD 7.9 billion deficit... -
Finland: Current account swings to surplus in May Latest reading: The current account posted a EUR 0.1 billion surplus in May, improving from the EUR 0.2 billion deficit... -
Spain: Current account surplus falls in April Latest reading: The current account recorded a EUR 1.4 billion surplus in April, deteriorating from the EUR 2.5 billion surplus... -
Brazil: Current account deficit widens in May Latest reading: The current account posted a USD 2.9 billion deficit in May, deteriorating from the USD 1.9 billion deficit... -
Turkey: Current account posts larger deficit in April Latest reading: The current account recorded a USD 7.9 billion deficit in April, deteriorating from the USD 4.3 billion deficit... -
Finland: Current account deficit narrows in April Latest reading: The current account recorded a EUR 0.2 billion deficit in April, improving from the EUR 2.2 billion deficit...