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Strategic Lens

Brazil and Mexico

First country

Second country

In 2025, Brazil sold USD 7.73 billion of goods to Mexico and bought USD 6.42 billion from it. The DESTA database lists 7 trade agreements that include both countries, the most recent being Brazil Mexico (2003). Both are members of the G20 and Mercosur. Their agreement score in UN General Assembly voting was 92 percent in 2023, and 90 percent on average over 2019 to 2023.

Benefits

  • BothTrade in goods runs both ways in similar amounts: Brazil sold USD 7.73 billion and Mexico sold USD 6.42 billion in 2025.
  • BothTrade in mineral fuels and oils runs both ways in similar amounts: Brazil sold USD 27.7 million and Mexico sold USD 37.0 million in 2025.
  • BothTwo-way trade in agricultural and food products grew 167 percent, from USD 973 million in 2019 to USD 2.60 billion in 2025.

Constraints

  • BothThe two countries' customs reports differ on goods sold by Brazil to Mexico in 2025: Brazil reports USD 7.73 billion and Mexico reports USD 11.2 billion.
  • BothFlows are one-sided: in 2025, Brazil sold USD 2.55 billion of agricultural and food products, against USD 51.6 million the other way.
  • BothTwo-way trade in fertilisers fell 52 percent, from USD 49.1 million in 2019 to USD 23.7 million in 2025.

Sources: UN Comtrade (public preview API), annual goods trade, HS classification (retrieved 26 September 2026); DESTA: Design of Trade Agreements database, version 02_03 (retrieved 25 September 2026); Wikidata, statements on membership (property P463) (retrieved 26 September 2026); United Nations General Assembly voting data (Voeten, Strezhnev and Bailey), agreement scores (retrieved 25 September 2026)

Last updated on 26 September 2026

At a glance

Goods trade, both ways
USD 14.1 billion
2025, as reported by Brazil
Brazil to Mexico
USD 7.73 billion
2025, as reported by Brazil
Mexico to Brazil
USD 6.42 billion
2025, as reported by Brazil

What connects Brazil and Mexico

Economy

Trade in goodsIn 2025, Brazil sold USD 7.73 billion of goods to Mexico and bought USD 6.42 billion from it.

Resources

EnergyIn 2025, Brazil sold USD 27.7 million of mineral fuels and oils to Mexico and bought USD 37.0 million from it.Agriculture and foodIn 2025, Brazil sold USD 2.55 billion of agricultural and food products to Mexico and bought USD 51.6 million from it.FertiliserIn 2025, Brazil sold USD 4.3 million of fertilisers to Mexico and bought USD 19.4 million from it.

Industry

Supply chains and manufacturingIn 2025, Brazil sold USD 2.68 billion of machinery, vehicles and iron and steel to Mexico and bought USD 2.99 billion from it.TechnologyIn 2025, Brazil sold USD 289 million of electrical and electronic equipment to Mexico and bought USD 1.05 billion from it.Pharma and healthIn 2025, Brazil sold USD 74.2 million of pharmaceutical products to Mexico and bought USD 121 million from it.

Diplomacy

Agreements and treatiesThe DESTA database lists 7 trade agreements that include both countries, the most recent being Brazil Mexico (2003).Multilateral alignmentBoth are members of the G20 and Mercosur. Their agreement score in UN General Assembly voting was 92 percent in 2023, and 90 percent on average over 2019 to 2023.Diaspora and mobilityIn 2024, 19 thousand people born in Brazil lived in Mexico, and 3 thousand people born in Mexico lived in Brazil.

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