In March, the daily average of exports increased by 13.6%, while imports dropped by 0.4%, the trade flow increased by 7.7%, and the trade balance increased by 53.8%. In the 3rd week of March alone, the trade balance had a surplus of US$ 2.8 billion, with the trade flow at US$ 12.7 billion, the sum of US$ 7.7 billion in exports andUS$ 4.9 billion in imports). Year-to-date, exports totaled US$ 63.1 billion, with imports costing US$ 51.1 billion, with a positive balance of US$ 12.0 billion and a trade flow of US$ 114.2 billion. These data were released on Monday (03/20) by the Foreign Trade Secretariat of the Ministry of Development, Industry, Commerce and Services (Secex/MDIC). As per the daily average, compared to the same three-month-long period in 2022, exports increased by 1.6%, imports decreased by 1.2%, trade flow increased by 0.3%, and the trade balance grew by 15.5%.
Source: Datamar News