Brazil's current account deficit widened to $6.0 billion in March 2026 from $2.9 billion in March 2025, missing forecasts of a $5.6 billion gap. The goods trade surplus contracted to $5.6 billion from $7.2 billion. Goods exports rose 9.5% year-on-year to $31.7 billion, while goods imports climbed 19.9% to $26.1 billion. The services account deficit expanded to $4.8 billion from $4.2 billion, driven by increases in telecommunications, computing and information expenses (up 27.4%), intellectual property services (up 9.2%), and transport expenses (up 7.5%). The primary income deficit reached $7.4 billion, up 17.8%, as net interest expenses surged 33.5% to $2.6 billion on higher intercompany operations, while net profit and dividend expenses totaled $4.8 billion, up 10.7%. The 12-month current account deficit through March 2026 widened to $64.3 billion (2.71% of GDP) from $61.2 billion (2.61% of GDP) in February.