Brasília – The balance of trade in goods and services of Brazil with the rest of the world – the current account transactions – was US$ 5.736 billion negative in March. In Q1, the deficit stands at US$ 25.394 billion. In the same period of last year, it stood at US$ 27.734 billion. The data was released this Monday (22th) by the Brazilian Central Bank (BC).
The services account, which includes international travelling, transportation, equipment rent and insurance, had a deficit of US$ 3.862 billion. The trade balance was positive with US$ 230 million due to US$ 16.948 billion of exports and US$ 16.718 billion of imports.
The financial account, which includes investments abroad and direct investment in the country, had a deficit of US$ 5.169 billion in March. Direct investments abroad declined in US$ 329 million, while direct investments in the country increased US$ 4.263 billion.
*Translated by Sérgio Kakitani
