[SMM Aluminum Flash News] Libya’s Aluminum Scrap Exports to Brazil Surge Amid Trade Shift

Published: May 6, 2026 11:31

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Trade between Libya and Brazil showed clear divergence in Q1 2026. Libya’s aluminum scrap exports to Brazil surged, driving total exports up 347.4% YoY to about USD 1.7 million. Meanwhile, Brazil’s exports to Libya fell 57.2% to USD 94.19 million, though Brazil still maintained a trade surplus of about USD 92.4 million. Brazilian exports mainly included iron ore, poultry, beef, tobacco and coffee, with iron ore accounting for about 36.8% of the total. Overall bilateral trade fell 56.5% YoY to USD 95.9 million, while rising aluminum scrap flows reflected changing dynamics in recycled resource trade.

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