Until the third week of May this year, Brazilian exports recorded a daily average of US$ 1.477 billion, marking a 9.6% increase compared to May of the previous year when the average was US$ 1.347 billion. In contrast, imports experienced a decline of 9.1% during the same period. As a result, the average import value up to the third week reached US$ 1.020 billion, compared to US$ 1.122 billion in May 2022. During the third week, the trade balance demonstrated a surplus of US$ 2.268 billion, with a total trade flow of US$ 11.975 billion. This resulted from exports amounting to US$ 7.121 billion and imports totaling US$ 4.854 billion. Increased exports, particularly were driven by a 20.8% surge in soybean shipments, as well as live animals (+256.7%), non-oily fruits and nuts, fresh or dried (+81.7%), and paddy or raw rice (+305%).
Source: Datamar News