EN 
PT_BR 
In February, Brazilian dairy exports grew by a significant 26.92% compared to the previous month, but fell by 63.89% compared to the same period last year (February 2024). Imports, in turn, rose by 3.76% in the monthly comparison and by 16.7% in the annual comparison.
As a result, the trade balance deficit (in volume) increased by 3.2% from January 2025 to February 2025, to 210.1 million liters in milk equivalent, generating a negative balance of US$ 92.6 million.
According to data from Secex compiled and analyzed by Cepea, 216.2 million liters of milk equivalent were imported in February. While cheese purchases remained practically stable, purchases of milk powder grew by 5.18% compared to January 2025, totaling 166.2 million liters of milk equivalent. In the annual comparison, there was an increase of 16.7% in milk powder imports, with purchases from Paraguay and Chile growing by 223% and 39%, respectively. In terms of prices, the average imported milk powder was US$$ 3.36/kg in February 2025, an increase of 0.5% over January.
Exports, in turn, totaled 6.2 million liters in milk equivalent in February, also according to data from Secex. The shipment of powdered milk, a product responsible for 27.8% of Brazilian shipments, increased by a significant 1,360% compared to January 2025, while the average price rose by 7.7%, to US$$/kg. The growth was linked to shipments to Cuba - which did not import powdered milk from Brazil in January, but acquired 1.6 million liters in milk equivalent in February, even with the increase in the average price of the product.
