TRADE BALANCE SURPLUS RISES 18.4% AND REACHES US$ 7.53 BILLION

The Brazilian trade balance attained a surplus of US$ 7.53 billion in the fiscal year up to the second week of March, representing a rise of 18.4% from January to March 2021. Meanwhile, trade flow reached US$ 101.16 billion, a growth of 24.5%. Exports in 2022 yielded revenue of US$ 54.35 billion, up 24.1%, while imports reached a value of US$ 46.81 billion, a 25.1% increase. In the month-to-date, exports grew 38.2% and totaled US$ 11.70 billion, while imports rose 30.3% and totaled US$ 8.10 billion. The result was a surplus of US$ 3.60 billion, up 60.2%, with a trade flow of US$ 19.80 billion, up 34.9%. In the second week of March alone, exports totaled US$7.13 billion, while imports totaled US$5.13 billion. Thus, the trade balance was kept at a surplus of US$ 2.00 billion, and the trade flow reached US$ 12.26 billion.

Source: Datamar News