Nowcasting Macro

Live Nowcast2026 Q2 (no official figure yet)

Brazil Merchandise Exports Forecast

Produced by a tournament of forecasting models judged on real out-of-sample accuracy — the figure below is the deployed model’s current read, refreshed automatically as official data and news arrive.

Latest official
141.46
2026 Q1
Nowcast
142.30
2026 Q2
Typical accuracy
±4.66
vs published actuals
142.302023 Q22026 Q12026 Q2

Recent official figures (solid) and the current nowcast (dot) with its typical-error range. Every past forecast is kept on the books — see how the number is made.

What is the Brazil Merchandise Exports nowcast for 2026 Q2?

Nowcasting Macro's latest nowcast puts Brazil Merchandise Exports at 142.30 for 2026 Q2, against the most recent official figure of 141.46 for 2026 Q1.

That points to a rise of about 0.84 index points from the last print.

Exports of goods and services in volume terms — how much the economy sells abroad, adjusted for prices.

Across our walk-forward backtest, the model deployed for this series has typically landed within ±4.66 of the published actual.

Over the past 4 quarters the series has risen from 132.40 (2025 Q1) to 141.46 (2026 Q1).

Higher = stronger external demand in real terms. Index levels are comparable across countries in growth terms (each country's own 2015 = 100). For ASEAN economies the index tracks trade values (incl. price effects), not volumes.

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Brazil Merchandise Exports Forecast — 2026 Q2 Nowcast: 142.30 · Nowcasting Macro