Brazil boosts exports to Asia and the EU after US tariffs

Brazil has successfully offset losses caused by U.S. tariffs by expanding exports to Asia and the European Union. In the first half of 2026, Brazilian exports to China, India and EU countries increased by more than 16 billion reais (about $3.2 billion), according to Brasil 247.

The publication estimates that losses suffered by Brazilian exporters from the 25% U.S. tariffs totaled around 2.6 billion reais ($520 million). As a result, Brazil earned more than six reais in additional export revenue from new markets for every real lost in the U.S. market. The government attributes this performance to its trade diversification strategy under President Luiz Inácio Lula da Silva.

Asian markets have become the main destination for redirected exports. In addition to China and India, Brazilian companies are expanding shipments to ASEAN countries, including Indonesia, Malaysia, Thailand and Vietnam, where demand for Brazilian products continues to grow.

To support exporters, the Brazilian Trade and Investment Promotion Agency has allocated 130 million reais (about $26 million). The funding will help companies find new buyers, adapt products to foreign market requirements and participate in international trade fairs. According to the agency, 72% of companies that previously relied on the U.S. market have already redirected their exports to other countries.

The United States recently imposed 25% tariffs on most imports from Brazil. Brazilian officials responded by saying Washington had demanded broader access for U.S. companies to Brazil’s domestic market. Nevertheless, Brazil continues to focus on diversifying its export destinations and strengthening trade ties with other regions of the world.

Tags: export, Brazil, USA, duties