While PMI remained cautious and marginally contractionary, steady export demand and resilient output kept manufacturing on a modest but stable growth path.
Retail sales improved marginally year-on-year, supported by resilient online spending and stronger rural consumption.
Real GDP growth varies widely across Asia despite broadly similar population dynamics.
Primary commodities accounted for 69% of export earnings in 2025, anchoring Brazil’s global relevance in food, energy, and metals.
China’s 2025 expansion reflects steady export growth and a return to mid-single-digit overall trade momentum.
Machinery, electronics and vehicles dominate China’s Latin America export basket, driven by Mexico and Brazil.
