Brazil has managed to offset the losses caused by US tariffs by redirecting its exports to new markets.
According to Report, citing the local portal Brasil 247, in the first half of 2026, Brazil’s exports to China, India and EU countries rose by more than 16 billion reais (around $3.2 billion). Meanwhile, the damage caused by the tariffs imposed by US President Donald Trump’s administration is estimated at 2.6 billion reais (around $520 million).
The publication notes that the policy of diversifying foreign trade has enabled the country to offset the loss of revenue. According to the portal’s calculations, for every real lost on the US market, Brazil gained more than six reais through new export markets.
The publication also reports that Brazilian exporters are actively shifting their focus to Asian markets. In addition to China and India, the ASEAN countries – including Indonesia, Malaysia, Thailand and Vietnam – are cited as promising markets.
To support exporters, the Brazilian Export and Investment Promotion Agency has allocated 130 million reais (around $26 million). The funds will be used to identify overseas buyers, adapt products to the requirements of new markets and enable companies to participate in international trade fairs. According to the agency, 72 per cent of companies that previously focused on the US market have already managed to redirect their supplies to other countries.
Earlier, US Secretary of State Marco Rubio announced a decision to impose 25 per cent tariffs on most goods imported from Brazil.
