Trade
Key Facts
—The record. The United States accounted for just 9.4 percent of Brazil’s exports in the first half of 2026, the lowest share since the data series began in 1997.
—The drop. That is down from 12.1 percent a year earlier, before the first round of tariffs took effect.
—The China gap. Over the same window China widened its lead, taking 31.5 percent of Brazilian exports, up from 28.9 percent.










