EN 
PT_BR 
The Secretariat of Foreign Trade (Secex) released the results of agribusiness exports in October, which totaled US$15.49 billion, the highest value ever recorded for the month. This performance represents an increase of 3.61% compared to September and an advance of 8.61% year-on-year.
Soybean complex continues to lead growth.
The highlight once again was the soybean complex. Brazil exported 6.7 million tons of the grain, a volume 43% higher than in October 2024 and the largest ever shipped in the period. Prices remained stable, at US$$ 429.4 per ton.
From January to October, shipments totaled 100.5 million tons, exceeding the total volume exported in 2024.
Soybean meal shipments fell by 5.51 TP4T, totaling 2.2 million tons, with an average price of US$ 326.9 tons, a decrease of 181 TP4T compared to the previous year. Soybean oil exports also fell by 141 TP4T, to 89,000 tons, despite the price increasing by 171 TP4T to US$ 1,135.9 tons.
Meat prices maintain positive momentum.
Photos: Claudio Neves
Fresh beef exports hit a new record, with 321,000 tons shipped, a 191% increase compared to October 2024. Even with a 1.41% decrease compared to September, prices remain high, at US$$ 5,538.9 tons, 19% above last year's figure.
Fresh chicken meat had the highest export volume in 2025: 425,000 tons, an increase of 7.41% year-on-year. The average price fell to US$1,804.1 per ton, a decrease of 8%.
Fresh pork totaled 126,000 tons, 8% above October 2024, even with a decrease of 6.3% compared to September. The average price was US$ 2,550.2 tons.
Sugar and energy products fluctuate.
Ethanol exports fell sharply: down 51% compared to the previous year, to 103,000 m³, while the price rose 8.3% (US$ 581.8/m³).
VHP sugar increased by 6.81% in volume, with 3.6 million tons exported, but prices fell by 17%. Refined sugar, on the other hand, increased significantly by 71%, with 596,200 tons shipped, although the price fell by 16%.
Corn ends the month higher.
Corn shipments reached 6.5 million tons, an increase of 1.5% compared to October 2024. Average prices rose 6.1%, to US$ 206.8 tons.
Impacts of US tariffs
Total Brazilian exports to the United States suffered a sharp decline in October, a direct reflection of the tariff increase imposed by the country. Revenue fell 38% year-on-year, totaling US$2.2 billion, and declined another 15% compared to September.
In agribusiness, shipments to the American market totaled US$672 million, representing only 31% of the total exported to the USA. The sector registered a decrease of 34% in revenue compared to October 2024. Compared to September, there was a slight increase driven by orange juice, coffee, beef, and wood.
Products most affected
Over the past three months, a period that best reflects the tariff impacts, virtually all major Brazilian agribusiness products have seen a drop in sales to the United States.
The exceptions were: mangoes, which saw an increase in export volume, and orange juice and cellulose, which remain exempt from the 40% tariff.
Products like beef and coffee have managed to redirect some of their production to other destinations, but dependence on the American market still weighs heavily, since not all items have great commercial flexibility.
The US government has signaled that it may announce tariff adjustments for coffee, bananas, and other fruits in the coming days, but it is not yet confirmed whether Brazil will be included.
