Brazil Goes to a 25 October Run-Off After Flávio Bolsonaro Tops Round One
No candidate cleared 50 percent in Sunday's first round, sending Brazil's presidential election to a run-off on 25 October with the right-wing Flávio Bolsonaro leading.
Fact.et Staff
Editorial · October 6, 2026
Brazil's presidential election goes to a run-off on 25 October after no candidate cleared 50 percent in Sunday's first round. The right-wing candidate Flávio Bolsonaro finished first.
Millions voted on Sunday in the first round, the BBC reported.
Three weeks of uncertainty in a commodity economy
A run-off means three more weeks before the direction of the largest economy in Latin America is settled. For an Ethiopian importer or exporter, Brazil is not an abstraction: it is the world's largest coffee producer and a swing supplier in sugar, soy and beef. Brazilian policy on currency, export taxes and agricultural credit moves the prices Ethiopian coffee competes against.
Ethiopian arabica does not substitute directly for Brazilian production, but it is priced against the same benchmark. A contested transition in Brasília is, at one remove, a question about the margin on an Ethiopian export contract signed in November.
Open
First-round vote shares and the name of the second-placed candidate who advances to the run-off were not given in the initial reports. Neither campaign's position on agricultural export policy has been set out.
About Fact.et Staff
Reporting on Ethiopian business, entrepreneurship and innovation.
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