{"id":293390,"date":"2021-05-26T15:42:42","date_gmt":"2021-05-26T18:42:42","guid":{"rendered":"https:\/\/anba.com.br\/?p=293390"},"modified":"2021-05-28T09:47:05","modified_gmt":"2021-05-28T12:47:05","slug":"trade-balance-drives-current-account-surplus-in-brazil","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/trade-balance-drives-current-account-surplus-in-brazil\/","title":{"rendered":"Trade balance drives current account surplus in Brazil"},"content":{"rendered":"

S\u00e3o Paulo \u2013 Brazil posted a record-high current account surplus at USD 5.663 billion, the Brazilian Central Bank said on Wednesday (26). A year ago, the surplus had reached USD 199 million.<\/p>\n

The result was mainly driven by the record-high performance of the trade balance, which posted a USD 9.145 billion surplus in April, a result that was fueled by the recent rise in prices of commodities such as iron ore and foodstuffs.<\/p>\n

There has also been an increase in foreign direct investment in the country, which reached USD 3.544 billion in April, up from USD 1.632 billion a year ago.<\/p>\n

April\u2019s current account surplus was also benefited by a reduction in the primary income deficit (profits and dividends). In April 2021, it ran a USD 2.37 billion deficit, down 37.7% year-on-year.<\/p>\n

Twelve months through April<\/strong><\/p>\n

In the 12 months through April, the current accounts ran a USD 12.4 billion deficit, which amounts to 0.84% of the gross domestic product (GDP), down from 1.23% the previous month, when it stood at USD 17.9 billion.<\/p>\n

Translated by Guilherme Miranda<\/strong><\/p>\n

 <\/p>\n

Diego Baravelli\/Brazil's Infrastructure Ministry<\/div>\n","protected":false},"excerpt":{"rendered":"

Foreign trade surplus benefited the country\u2019s current accounts in April, which reached a record-high USD 5.7 billion.<\/p>\n","protected":false},"author":2315,"featured_media":289456,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[114],"tags":[9534,19062,21043,6727,21042,31602,27713,7899],"class_list":{"0":"post-293390","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news","8":"tag-brazil-en","9":"tag-brazil-economy","10":"tag-brazils-exports","11":"tag-brazilian-exports","12":"tag-current-acounts","13":"tag-economia-brasil-en","14":"tag-exportacao-brasileira-en","15":"tag-foreign-accounts"},"wps_subtitle":"Foreign trade surplus benefited the country\u2019s current accounts in April, which reached a record-high USD 5.7 billion.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/293390","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2315"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=293390"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/293390\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/289456"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=293390"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=293390"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=293390"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}