BRAZILIAN TRADE BALANCE POSTS SURPLUS OF US$ 2.88 BN IN 1ST WEEK OF APRIL

In the initial week of April, Brazil’s trade balance yielded a surplus of US$ 2.88 billion, with exports totaling US$ 7.69 billion and imports reaching US$ 4.81 billion. Compared to April 2023, exports rose by 2.1%, averaging US$ 1.54 billion daily. This growth was driven by a 38.6% increase in extractive industry sales and a 1.2% rise in manufacturing sector shipments. However, agricultural exports declined significantly by 16.2%.
Source: Valor Econômico