BRAZIL’S TRADE SURPLUS REACHES USD 2.33 BLN IN DECEMBER

Brazil’s trade balance totaled USD 2.33 billion by the second week of December, up 90.9% from the same period last year. The country’s trade flow, by this week’s second week, went to USD 15.79 billion, rising 15.7% compared to December 2021. The data released on Monday, December 12, by Brazil’s foreign trade department of the Ministry of Economy reveal a growth of 21.9% in exports, which came to US$ 9.06 billion in the period, and an increase of 8.3% in imports, which totaled US$ 6.73 billion. As for the second week of December alone, the surplus was US$ 1.70 billion. The trade flow reached US$ 11.46 billion, with exports worth US$ 6.58 billion and imports of US$ 4.87 billion. Unground corn, except sweet corn, unroasted coffee, and soybeans were the month’s top agricultural exports until the second week.

Source: Datamar News