The Central Bank's external sector statistics: current account (goods, services, income), foreign direct investment and the deficit-to-GDP ratio — the balance measuring Brazil's reliance on external financing.
Last 90 days
The current account gap hit US$ 8.1 billion in July, above the US$ 6.6 billion forecast, totaling US$ 62.9 billion over 12 months (2.49% of GDP). July FDI of US$ 7.5 billion came below the prior year, but 12-month FDI (US$ 88.4 billion, 3.5% of GDP) still covers the gap.
Updated November 07, 2026 · 7 verified articles
Market transmission
Wider-than-expected deficits and falling FDI cut the structural dollar supply and pressure the FX rate; FDI coverage of the gap is the metric separating manageable deterioration from external vulnerability.
Explanatory mechanism, not a forecast or recommendation.Brazil posted a trade surplus of US$ 9.3 billion in October 2026, up 39.4% from October 2025, with exports up 20% and imports up 14.8%, according to MDIC data released on November 6.
Brazil's trade balance posted a US$ 7.74 billion surplus in September, according to Development, Industry, Trade and Services Ministry data released on October 6. Exports totaled US$ 34.4 billion and imports US$ 26.7 billion. In September 2025 the balance was US$ 3.14 billion.
Brazil current account posted a US$ 5.1 billion deficit in August, against US$ 3.8 billion a year earlier, according to central bank data released on September 28. Over 12 months, the deficit totals US$ 63 billion, or 2.47% of GDP. Direct investment in the country totaled US$ 7.4 billion in the month and US$ 86.6 billion over 12 months, 3.39% of GDP, enough to finance the external gap. The trade balance posted a US$ 6.6 billion surplus, but the services deficit rose 28.2%.
Brazil exported 4.15 million 60-kg bags of coffee in August, the best August on record, up 31% from August 2025, with revenue of US$ 1.33 billion (+19.8%) despite an 8.6% lower average price, per Cecafé; the late arrival of new-crop arabica, delayed by July rains, and a jump in conilon explain the volume. Year to date, shipments total 25.07 million bags (-1.2%), with a 21.6% drop to the United States.
Brazil's trade balance posted a US$ 7.394 billion surplus in August, the third largest for the month, per Secex/MDIC data released on September 4 and covered by Agência Brasil, g1, Correio Braziliense, InfoMoney and Money Times. Exports to the United States rose 12.1% from August 2025 to US$ 3.19 billion, supported by prices 8.6% higher, while sales to China fell 10.9% and sales to the European Union grew 46.4%.
Brazil's oil production reached 4.498 million barrels a day in July, up 13.6% in a year and a new record, per consolidated ANP data released September 1 and reported by InfoMoney. Including natural gas, total output was 5.851 million barrels of oil equivalent a day; the pre-salt accounted for 82.4%, and Petrobras operated 87.27% of the total.
Brazil ran a US$ 8.1 billion current account deficit in July, wider than the market forecast (US$ 6.6 billion) and July 2025's result (US$ 6.9 billion), per Central Bank data. Over 12 months the gap totals US$ 62.9 billion, 2.49% of GDP. Foreign direct investment was US$ 7.5 billion in the month.