Brazil posted a $6.40 billion trade surplus in March 2026, down 17.2% from a year earlier. Imports rose 20.1% to $25.20 billion. Extractive industry imports rose 24.1%, driven by base metal ores up 33.7%, coal up 59.9%, and crude oil up 19.4%. Manufacturing imports increased 20.8%, with medicines up 72.2%, chemical fertilizers up 61.0%, and passenger vehicles up 204.2%. Agriculture imports fell 10.2%, though live fish purchases surged 28.9%, fresh fruits and nuts rose 26.6%, and soybeans jumped 782.0%. Exports grew 10.0% to $31.60 billion, with agriculture up 1.1%, extractive industry up 36.4%, and manufacturing up 5.4%. Exports to Argentina fell 5.9% and to the US fell 9.1%, while sales to the European Union rose 7.3% and to China rose 17.8%.