Oil Boom and Weak Imports Drive Brazil Trade Surplus in February

2026-03-06 - 12:53

Key Points — Brazil’s trade surplus hit $4.2 billion in February, the fourth-best result for the month on record, swinging from a $467 million deficit a year earlier — Exports reached an all-time February high of $26.3 billion, led by a 76.5% surge in crude oil sales, while imports fell 4.8% as the economy slows