Trade relations between Brazil and the European Union have significantly intensified, marking a historic milestone in the past year. While trade with countries in the Global South continues to stand out on the international stage, the partnership with European nations has shown remarkable growth.

According to data from Comexstat, a public platform from the Ministry of Development, the trade volume between Brazil and the European Union reached an impressive $89 billion between January and November. This figure represents a 5% increase compared to the same period in the previous year and establishes a historical record in the relationship between the two regions.

During these 11 months, Brazil exported approximately $45 billion to European Union countries, while imports totaled about $42 billion. This balance resulted in a trade surplus for Brazil.

Among the most imported products by Brazilians from the European Union are medicines, machinery, and vehicles. On the other hand, Brazil’s exports to the European bloc were led by oil, iron ore, coffee, and animal feed.

These numbers highlight the European Union’s relevance as a strategic partner for Brazil and underscore the importance of further strengthening these trade ties in the future.