BRAZILIAN EXPORTS IN 2023 REACH US$ 206.868 BILLION

During the second week of August 2023, the Brazilian trade balance achieved a surplus of US$ 2.632 billion, driven by exports valued at US$ 7.156 billion and imports totaling US$ 4.523 billion. So far this month, exports have reached US$ 12.664 billion, and imports stood at US$ 8.344 billion, resulting in a surplus of US$ 4.321 billion and a trade flow of US$ 21.008 billion. In the year-to-date aggregate, exports amount to US$ 206.868 billion, while imports tally US$ 148.991 billion, yielding a substantial surplus of US$ 57.876 billion and a combined trade value of US$ 355.859 billion. Comparing the average figures until the second week of August (US$ 1.407 billion) with those of August 2022 (US$ 1.339 billion), exports have exhibited growth of 5.1%. Conversely, imports have experienced a decline of 20.1%.

Source: Datamar News