Imports to the Arab country also slid last year, by 12%, the Ministry of Trade and Industry reported.
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Imports dropped faster than exports, driving a USD 6 billion surplus in September.
Overall sales from Brazil slid 4.2% last month, while agriculture and livestock product exports soared.
Foreign sales slid by 20.4% year-on-year to USD 18,23 billion. The trade surplus narrowed by 80%.
Surplus was the result of exports from Brazil of USD 4.244 billion and imports of USD 3.799 billion.
Brazil ran a USD 2.2 billion surplus last month as exports cooled off and imports climbed, prompting the government to revise its yearlong estimate.
The deficit narrowed as a result of a 5.5% hike in exports and a 4.4% drop in imports.
Foreign sales fetched USD 4.422 billion and foreign purchases amounted to USD 3.454 billion, leading to a USD 968 million trade surplus.
Shipments to the region grossed USD 1.2 billion last month. It was the highest monthly result year-to-date.
Purchases of chemical products from other countries came out to USD 20.4 billion in the first half of the year, up 6% year-on-year.
Brazil’s Foreign Trade Association has toned down its predictions on imports and foreign trade. Estimates regarding exports and the trade surplus moved up.
Estimate for 2019 surplus rose from USD 50.1 billion to USD 56.7 billion. However, a decline in both exports and imports is expected.
Exports came out to USD 4.4 billion last week, with imports amounting to USD 2.7 billion.
Surplus reached USD 662 million last month. This was driven by the trade balance, particularly agricultural exports.
