The high performance of the corn crop and oil exports made the trade balance start 2023 with the highest surplus for January in 17 years. Last month, the country exported US$ 2.716 billion more than it imported. In January of last year, the balance had registered a deficit of US$ 58.7 million. This is the best result for the month since 2006. Last month, Brazil sold US$ 23.137 billion abroad and bought US$ 20.420 billion. Exports rose 11.7% in relation to January of last year, based on the daily average, and set a record for the month since the beginning of the historical series in 1989. Imports fell 1.7% based on the daily average, but they rose 2.3% in absolute value, due to the greater number of working days in January this year, breaking record.
Sources: Brazil Agency/Datamar News