BRAZIL: TRADE BALANCE HAS SURPLUS OF US$ 11 BILLION IN MARCH

The Brazilian trade balance had an US$11 billion surplus in March, 37.7% higher than the figure seen in the same period of the previous year, using the daily average as means of comparison. Exports totaled US$ 33.06 billion in March, an increase of 7.5%. However, imports reached US$ 22.1 billion, a drop of 3.1%. Year-to-date, in the first three months of the year, exports totaled US$ 76.4 billion, an increase of 3.4%. Imports reached US$ 60.4 billion, down 1.9%. The trade flow, the sum of exports and imports, reached US$ 136.8 billion, an increase of 1%. The daily average of Brazilian exports to China, Hong Kong, and Macau, the main destinations for Brazilian products, rose 12.3% in March compared to the same month of the previous year. Total sales to Asia rose 9.6%.

Sources: Valor Econômico/Datamar News