Brazil has managed to offset losses from US tariffs by redirecting exports to new markets.
As reported by FinFly.News, in the first half of 2026, Brazil's exports to China, India, and the European Union grew by more than 16 billion reais (about $3.2 billion). Meanwhile, the damage from tariffs imposed by the administration of US President Donald Trump is estimated at 2.6 billion reais (about $520 million).
The policy of diversifying foreign trade, the publication notes, allowed the country to compensate for lost revenues. According to the portal's calculations, for every real lost in the US market, Brazil gained more than six reais from new export destinations.
The publication also reports that Brazilian exporters are actively redirecting to Asian markets. In addition to China and India, ASEAN countries, including Indonesia, Malaysia, Thailand, and Vietnam, are cited as promising destinations.
To support exporters, the Brazilian Agency for Export and Investment Promotion has allocated 130 million reais (about $26 million). The funds will be used to find foreign buyers, adapt products to the requirements of new markets, and help companies participate in international exhibitions. According to the agency, 72% of enterprises previously focused on the US market have already managed to redirect their shipments to other countries.
Earlier, US Secretary of State Marco Rubio announced the decision to impose 25% tariffs on most goods from Brazil.