Russia's share of Brazil's refined petroleum oil imports jumped from 46.6% to 68.2% in the first half of 2026 year to date, worth $1.06 billion in FOB value.
Nearly absent from the ranking before, India jumped 12 spots to become the #2 buyer of Brazilian crude oil, worth US$ 528.3 million at the close of 2025.
Brazil's exports of refined petroleum products to Poland surged more than 7-fold in two years, opening a new European supply corridor from Santos.
Brazil's refined oil exports to Panama hit 3 million tons in 2025 — roughly 300 times the corridor's average — hinting at a redistribution role.
Brazil crude oil to China hit US$ 1.95 bn in February 2026, against a seasonal baseline of US$ 825 mn — a +136% deviation from the three-year norm.
Brazilian crude oil exports to South Korea reached US$ 0.70/kg in Apr/2026, matching the all-time record price set in Jan/2025 on the bilateral corridor.
China accounts for 64.5% of all Brazilian crude oil exports in 2026, with accumulated FOB of US$ 3.2B — a concentration that sets the pace for the entire
With an HHI of 0.978 and only three active partners, Brazil's imported electricity is concentrated to a degree rarely seen in major trade flows.
Turkey climbed from rank 26 to #1 in Brazilian petroleum gas exports through April 2026, capturing 57.6% of total FOB — US$37.9 M — up from near zero.
Turkey jumped from 26th to 1st place in Brazilian petroleum gas exports in 2025, capturing 57.6% of total volume — a move that came from virtually nowhere.
China's pivot from Russian and Saudi crude lifted Brazil's oil exports 51% YTD through April 2026, from US$1.7 bn to US$2.6 bn — 13 months running.
Turkey jumped from rank 26 to #1 in Brazilian petroleum gas exports in the first four months of 2026, capturing 57.6% of total shipments — US$ 37.9 M vs.
Singapore climbed from 13th to 3rd place in Brazil's crude oil export ranking in 2026, posting US$ 294.9M FOB — a 10-position leap in the Jan–Apr period.
British refineries bought 552,674 tons of Brazilian crude in the 2025 closed year against a 31,341-ton historical average — a sleepy lane woke.
Volumes hit 552,674 tons after a multi-year historical average barely above 31,000 — refinery rerouting away from Russian crude is the lead suspect.
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