Brazil’s Trade Surplus Over US$ 28.1 billion

    With exports from January to October at US$ 79.121 billion, Brazil’s cumulative trade surplus for the year is now running at over US$ 28.1 billion.

    This year, the daily, working day average value of exports is up 32.3%, compared to last year.


    Meanwhile, imports, now at US$ 51 billion for the year, are running at a daily, working day average value that is up 28.6%, compared to last year.


    The latest numbers from the Ministry of Development, Industry and Foreign Trade show that in the fifth week of October the country had a trade surplus of US$ 652 million, with exports at US$ 2.188 billion and imports at US$ 1.536 billion.


    The daily, working day average value of both exports and imports in the fifth week of October were up over 33%, compared to the same period last year.


    Compared to September, the average daily, working day value of exports was up 4.1%, and imports up 6.6%.


    For the twelve-month period ending in October, exports totalled US$ 91.849 billion, which is 30.4% more than the previous twelve-month period.


    For this yearend, the government forecast is for exports to reach US$ 94 billion.


    With regard to imports, for the twelve-month period ending in October, they totalled US$ 59.260, up 25.7% over the same previous twelve-month period.


    Agência Brasil
    Translator: Allen Bennett

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