TRADE BALANCE: BRAZIL’S EXPORTS GROW 35.8%, SURPLUS REACHES USD 2.69 BLN

The Brazilian trade balance registered a surplus of USD 1.69 billion in the first week of January. The trade flow (sum of exports and imports) had an average daily growth of 14.5% compared to January 2022, reaching USD 10.80 billion. The information comes from the Ministry of Development, Industry, Commerce and Services’ Foreign Trade Secretariat (Secex). Exports in the first week of January grew 32.7% and reached US$ 6.25 billion, while imports decreased by 3.6% and totaled US$ 4.56 billion. Secex found growth of 35.8% in agricultural exports in the week-long period, with US$ 1.07 billion earned. As for imports, there was a growth of 26.4% in Agriculture and Livestock, which totaled US$ 110.63 million, and 2.2% in the Manufacturing Industry, which reached US$ 4.06 billion.

Sources: Comex do Brasil/Datamar News