Brazilian exports to the United States accumulated a 9.7% decline year-to-date through August, reflecting the new tariff hike implemented by Donald Trump's administration against Brazil, with a 37.5% tax on part of the Brazilian export basket. The data was released by the Ministry of Development, Industry, Trade and Services (Mdic).
In August, the first full month under the new tariff, sales to the American market reached US$ 3.190 billion, representing a 12.1% increase compared to the same month the previous year, when Trump imposed the first tax on Brazil with 50% tariffs. In the January through August cumulative period, shipments to the US totaled US$ 24.105 billion, compared to US$ 26.705 billion in the same period last year.
Despite the negative impact on sales to the United States, Brazilian exports as a whole grew 10.3% year-to-date through August, totaling US$ 250.9 billion. This positive performance was driven by increased shipments to other countries, partially offsetting losses in the North American market. Brazilian imports also registered a 6.1% increase in the period.
