Business - Brazil

Brazil anticipates US$10 billion trade with Russia ahead of Putin’s visit

By RT Staff Reporters · June 14, 2023 · 1 min read

Brazil is projecting to reach US$10 billion in trade transactions with Russia by the time of President Vladimir Putin’s anticipated visit in 2024, according to Brazil’s Deputy Foreign Minister Laudemar Gonсalves de Agiar Neto.

As Russia is a major exporter of fertilizers and Brazil is a leading importer, Brazil expects to ramp up its procurement.

The deputy minister further explained that the country is also seeking to diversify its trade and boost investment collaboration.

Russian President Putin accepted an invitation to visit Brazil extended by former Brazilian President Jair Bolsonaro during his trip to Moscow in February 2022.

The specific dates for the visit are to be arranged in the future.

More: Brazil news, every day from The Rio Times.

Live Market IntelligenceBrazil — Live Market BoardInside: market breadth, the sector heatmap, currencies & rates, the Latin America scoreboard and the full instrument board.

Rio Times · Live Market Intelligence

Brazil — Live Market Board

B3 · São Paulo
Oct 18, 2026 · 17:19

Ibovespa · benchmark

205,430.33
+0.54%

L 167,142day rangeH 168,310

+21.85% over 12 months

Market breadth · 15 names

47% advancing

7 ▲ advancing8 declining ▼

Currencies, rates & key inputs

USD / BRL

5.16

+0.01%

EUR / BRL

5.95

+1.01%

Selic rate

14.00%

·

Brent crude

88.88

-0.03%

Iron ore

161.91

·

Sector heatmap · average move today

Materials

+2.35%

SUZB3

Mining

+1.16%

VALE3, CSNA3, GGBR4

Industrials

+0.20%

WEGE3, RENT3

Financials

-0.10%

ITUB4, BBDC4, BBAS3, B3SA3

Energy

-0.12%

PETR4, PRIO3

Consumer Staples

-0.80%

ABEV3

Utilities

-1.38%

ENEV3

Consumer Disc.

-2.63%

AZZA3

Latin America scoreboard

IndexLastTodayStrength

IbovespaBrazil
205,430.33
+0.54%

S&P/BMV IPCMexico
68,929.72
+1.87%

S&P IPSAChile
10,970.29
-0.01%

S&P MERVALArgentina
2,848,945
-0.35%

MSCI COLCAPColombia
2,566.28
-0.55%

BVL S&P PerúPeru
60,210.69
-0.91%

Full instrument board

Instrument	Last	Change	YoY	Prev.	High	Low	Volume
IBOV	205,430.33	+0.54%	+21.85%	204,324.26	168,310	167,142	—
USD/BRL	5.16	+0.01%	-5.13%	5.16	5.18	5.14	—
SELIC	14.00%		—	—	—	—	—
PETR4	41.64	-0.05%	+35.19%	41.66	41.97	41.15	41,499,400
VALE3	72.97	+0.83%	+30.75%	72.37	73.54	72.66	17,658,000
ITUB4	38.60	-1.03%	+4.57%	39.00	39.34	38.39	29,487,800
BBDC4	16.85	+0.36%	+3.50%	16.79	16.90	16.67	19,416,900
BBAS3	19.37	+0.47%	+0.73%	19.28	19.44	19.16	11,069,200
B3SA3	14.26	-0.21%	+12.73%	14.29	14.47	14.11	33,037,800
ABEV3	14.89	-0.80%	+21.91%	15.01	15.07	14.81	16,453,100
WEGE3	47.59	+0.49%	+29.99%	47.36	48.08	47.36	3,364,600
PRIO3	59.14	-0.19%	+50.67%	59.25	59.81	58.74	3,325,600
SUZB3	41.33	+2.35%	-23.55%	40.38	41.48	40.35	3,914,900
RENT3	34.68	-0.09%	+0.84%	34.71	34.96	34.35	7,979,100
AZZA3	15.89	-2.63%	-53.76%	16.32	16.42	15.82	1,330,300
CSNA3	4.30	+0.47%	-42.65%	4.28	4.41	4.26	10,076,100
GGBR4	24.69	+2.19%	+51.38%	24.16	24.85	24.18	7,047,600
ENEV3	24.21	-1.38%	+70.49%	24.55	24.64	23.99	9,297,000

Largest moves today

AZZA3
15.89
-2.63%

SUZB3
41.33
+2.35%

GGBR4
24.69
+2.19%

ENEV3
24.21
-1.38%

ITUB4
38.60
-1.03%

VALE3
72.97
+0.83%

ABEV3
14.89
-0.80%

IBOV
205,430.33
+0.54%

The session read

The Ibovespa rose 0.54%, with breadth negative — 7 of 15 names higher. Materials led, while Consumer Disc. lagged.

From The Rio Times

Related coverage · 18 Oct 2026

592,000 Brazilians Face New Polling Places

Read →

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error · Editorial responsibility: Matthias Camenzind, Editor-in-Chief

In depth