News

Trade surplus hits USD 23.6 billion

01 de julho de 2016

Exports outpaced imports in the first half of this year in Brazil by the widest margin ever for the period. In June alone, a USD 3.9 billion surplus was achieved.

Brasília – With imports decreasing more than exports, Brazil posted a USD 3.974 billion surplus in June. Year-to-date through June, a USD 23.635 billion surplus was recorded, the highest ever for the period.

Despite the H1 record, the surplus in June was down 12.3% from USD 4.529 billion surplus in June 2015. In July, exports from Brazil stood at USD 16.743 billion, down 18.6% from June 2015 based on daily averages. Imports reached USD 12.77 billion, a 19.3% drop.

Year-to-date through June, exports amounted to USD 90.237 billion, down 5.9% from a year ago. Imports reached USD 66.602 billion, down 28.9%.

*Translated by Gabriel Pomerancblum