From the Newsroom
São Paulo – Exports from Brazil reached USD 5.667 billion last week, while imports came out to UsD 3.649 billion, leading to a USD 2.019 billion trade surplus, the Brazilian Ministry of Industry, Foreign Trade and Services reported this Monday (10).
Average daily exports climbed 28.8% over December 2017. Foreign sales increased for soy, soya bran, raw cotton, maize, coffee, wood pulp, ferroalloys, raw cast iron, raw sugar, timber, aircraft, paper, orange juice and fruit/vegetable preserves.
Imports increased by 15.9% year-on-year as per daily average figures, driven by fertilizers, beverages and alcohol, aluminum and its products, milk and its products, and iron and steel.
Year-to-date, exports from Brazil reached USD 225.635 billion, while imports amounted to USD 171.957 billion, yielding a USD 53.677 billion surplus.
Translated by Gabriel Pomerancblum