Exports
17.8
% of GDP · 2025
Goods and services; gross exports, not domestic value added.
Annual observations
| Year | % of GDP |
|---|---|
| 2025 | 17.82 |
| 2024 | 17.94 |
| 2023 | 17.97 |
| 2022 | 19.63 |
| 2021 | 19.11 |
Brazil.
Commodity demand, the real and fiscal credibility. Rate and budget surprises can offset a favourable export cycle.
Imports
17.5
% of GDP · 2025
Goods and services; measures import exposure, not energy dependence.
Annual observations
| Year | % of GDP |
|---|---|
| 2025 | 17.47 |
| 2024 | 17.65 |
| 2023 | 15.70 |
| 2022 | 19.19 |
| 2021 | 18.55 |
Current account
-2.9
% of GDP · 2025
A negative value is a deficit; financing composition also matters.
Annual observations
| Year | % of GDP |
|---|---|
| 2025 | -2.93 |
| 2024 | -2.99 |
| 2023 | -1.23 |
| 2022 | -2.15 |
| 2021 | -2.36 |
Reserve cover
8.4
months of imports · 2025
Reserve adequacy also depends on debt, capital flows and currency regime.
Annual observations
| Year | months of imports |
|---|---|
| 2025 | 8.42 |
| 2024 | 7.95 |
| 2023 | 9.43 |
| 2022 | 8.34 |
| 2021 | 11.14 |
Net energy imports
-10.8
% of energy use · 2024
Negative values indicate net exports. This series can lag other indicators.
Annual observations
| Year | % of energy use |
|---|---|
| 2024 | -10.84 |
| 2023 | -12.60 |
| 2022 | -6.71 |
| 2021 | -3.85 |
| 2020 | -11.17 |
Annual observations use the latest non-null year available in each series. Years differ; these figures describe structural exposure.