Brazil

Brazil is the world’s twelfth-largest economy, and the United States is Brazil’s second-largest trading partner. In 2022, two-way trade in goods and services was $120.9 billion and the United States had an overall trade surplus of $30 billion for goods and services. Brazil’s main imports from the United States are industrial and energy-related products, such as refined fuel, natural gas, fertilizers, aircraft, and medical instruments. The United States is Brazil’s second-largest export market. Brazil’s primary export products to the United States are crude oil, aircraft, iron and steel, coffee, and wood pulp. U.S. foreign direct investment in Brazil totaled $191.6 billion in 2021, by far the most of any country. The United States and Brazil conduct regular government-to-government exchanges on topics including trade facilitation, good regulatory practices, and environmental and labor standards. In February 2022, a new protocol updated the 2011 Agreement on Trade and Economic Cooperation, adding state-of-the-art provisions on Customs Administration and Trade Facilitation, Good Regulatory Practices, and Anticorruption. Bilateral mechanisms including the U.S.-Brazil Energy Forum, Critical Minerals Working Group, Commercial Dialogue, and CEO Forum bring cabinet officials and private sector leaders together to coordinate policy measures that can facilitate better economic relations. In February 2022, U.S. Customs and Border Protection announced the launch of a full Global Entry arrangement with the Government of Brazil to offer Brazilian citizens greater ease in traveling to the United States for business or tourism.

The U.S. Department of State’s Bureaus of International Narcotics and Law Enforcement (INL) and of Oceans and International Environmental and Scientific Affairs, the U.S. Fish and Wildlife Service, the U.S. Department of Justice, the U.S. Forest Service, and other partners provide law enforcement and justice sector investigation and prosecution training for Brazilian counterparts to support their efforts to combat trafficking of wildlife, gold, timber, and other conservation crimes that impact the United States, Brazil, and the region.