Brasília – Brazil ran a current account surplus for the fourth straight month last June. The result comprises international goods and services purchases and sales and monetary transfers with other countries. The surplus was USD 435 million, down from USD 1.328 billion in June 2017.
In H1 2018, Brazil saw a USD 3.586 billion primary deficit, down from a USD 584 million surplus in H1 2017. The numbers were made public this Thursday (26) by the Brazilian Central Bank.
The current account includes the balance of trade (goods exports/imports), which ran a USD 5.512 billion surplus in June and a USD 27.485 billion surplus in H1. Primary income (profits and dividends, interest payments and wages) saw a USD 2.136 billion deficit in June and a USD 15.568 billion deficit in H1.
Secondary income (donations and US dollar remittances not involving the exchange of goods or services) posted a USD 178 million surplus in June and a USD 1.239 billion surplus in H1. Services (international travel, transportation, equipment rental, etc.) saw a USD 3.119 billion deficit in June and a USD 16.742 billion deficit in H1.
Translated by Gabriel Pomerancblum
