Libya–Brazil trade sees export spike led by aluminium scrap

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Trade between Libya and Brazil has shifted noticeably in early 2026, with contrasting movements on each side of the exchange. Libya’s export to Brazil soared, driven by a surge in aluminium scrap shipments during the January–March period. The value of these exports rose sharply, climbing by 347.4 per cent compared with the same quarter a year earlier to reach approximately USD 1.7 million, based on figures from the Arab-Brazilian Chamber of Commerce.

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Brazil’s exports to Libya, on the other hand, declined by 57.2 per cent, amounting to USD 94.19 million over the same timeframe. Despite this drop, Brazil continued to post a substantial trade surplus in its favour.

A closer look at Brazilian exports shows a familiar mix of commodities, including iron ore, poultry, beef, tobacco, and coffee. Iron ore was the dominant product, contributing 36.8 per cent of the total, although deliveries were limited to January and February, with no recorded shipments in March.

Taken together, bilateral trade reached USD 95.9 million in the first quarter of the year, marking a year-on-year contraction of 56.5 per cent. Even so, the overall balance remained firmly tilted towards Brazil, with a surplus of USD 92.4 million.

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