Imports slide, trade surplus widens

Overall imports to Brazil were down 1.2% in April, while capital goods imports dropped by 10%. The surplus was the second widest on record for the month.

Agência Brasil

Brasília – Slowing imports caused Brazil to run the second strongest trade surplus on record for an April, at USD 6.061 billion, up 2.3% from April 2018. The numbers were made public this Thursday (2) by the Secretariat of Foreign Trade (Secex).

Exports from Brazil fetched USD 19.689 billion, down 0.1% from April 2018 in daily average terms. Imports reached USD 13.628 billion, down 1.2%.

Imports were down 10% for capital goods, 6.6% for consumer goods and 0.2% for intermediate goods. Fuel and lubricant imports climbed 10.4%, driven by a hike in oil prices.

Translated by Gabriel Pomerancblum

Press Release

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