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Brazil records record trade surplus of 71.3 billion dollars until September

Until September, Brazil achieved a trade surplus of 71.309 billion dollars (equivalent to 68 billion euros), a notable increase of 51.2% compared to the same period of the previous year, setting a record for the first nine months of the year. year.

This positive balance resulted from an increase of 0.4% in exports, totaling 253.009 billion dollars (or 241.43 billion euros), and a decrease of 11.3% in imports, totaling 181.7 billion dollars (or 173.39 billion euros), as revealed in data released today by the Brazilian Ministry of Development, Industry and Commerce.

The excellent performance led the Brazilian Government to review its projection for the country's trade surplus for the current year, increasing it from US$84.7 billion to US$93 billion, which would be an annual record.

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According to authorities, performance in the first nine months of the year was mainly driven by growth in food exports, which increased by 8.3%.

China solidified its position as Brazil's main trading partner in the period from January to September, with purchases of Brazilian products worth US$78.2 billion, registering an increase of 11.2%. Next are the European Union (with a drop of 11.2%), the United States (with a drop of 3.9%) and Argentina (with an increase of 15.4%).

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