{"id":322641,"date":"2022-12-20T15:30:59","date_gmt":"2022-12-20T18:30:59","guid":{"rendered":"https:\/\/anba.com.br\/brasil-pode-ter-saldo-comercial-maior-em-2023\/"},"modified":"2022-12-23T10:37:12","modified_gmt":"2022-12-23T13:37:12","slug":"brazil-could-have-higher-trade-surplus-in-2023","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/brazil-could-have-higher-trade-surplus-in-2023\/","title":{"rendered":"Brazil could have higher trade surplus in 2023"},"content":{"rendered":"<p>S\u00e3o Paulo \u2013 A projection released this Tuesday (20) by the <strong>Brazilian Foreign Trade Association (AEB)<\/strong> indicated the country could have a more increased <strong>trade surplus<\/strong> next year, despite expected drops in imports and exports. AEB projects a positive trade balance of USD 71.9 billion for Brazil in 2023, 14.3% higher than USD 62.9 billion in 2022.<\/p>\n<p>The number would result from <strong>exports<\/strong> of USD 325.1 billion and <strong>imports<\/strong> of USD 253.2 billion. Exports should slip less than imports, however, thus increasing the Brazilian trade balance surplus. AEB estimates a 2.3% drop in shipments from Brazil and a more significant reduction, 6.2%, in Brazilian purchases from abroad.<\/p>\n<p>AEB calls the surplus negative, explaining it would be achieved with a double deficit without generating economic activity. \u201cA balance of almost USD 72 billion is a historic Brazilian record, but it is only a surplus because the nominal drop of almost USD 17 billion in imports will be greater than that of exports, of over USD 7 billion,\u201d said the chief executive of the AEB, Jos\u00e9 Augusto de Castro, in a release by the association.<\/p>\n<p><strong>Trade flow<\/strong>, the sum of imports and exports, is expected to reach USD 578.391 billion in 2023, dipping 4% to 2022 calculations. The world expects a deceleration in <strong>commodity prices<\/strong> next year, which could flatten trade rates.<\/p>\n<p>\u201cMany factors could hamper the results of the trade balance, such as interest rate hikes in the United States and the European Union; China\u2019s internal issues slowing its economic growth; the war between Russia and Ukraine; and the determinations of the European Union import tariffs,\u201d said Castro.<\/p>\n<p><strong>Translated by El\u00fasio Brasileiro<\/strong><\/p>\n<div class=\"credits-overlay\" data-target=\".wp-image-304610\">Supplied<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Brazilian Foreign Trade Association projects a more significant decline in imports than exports from the country for next year.<\/p>\n","protected":false},"author":2316,"featured_media":304610,"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":[91],"tags":[14479,37685,37686,37108,28913,22886,24039,37687,34330,37688,14481,37689,37690,573,1880],"class_list":{"0":"post-322641","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-aeb-en","9":"tag-aeb-en-3","10":"tag-aeb-castro-en","11":"tag-balanca-comercial-brasil-en","12":"tag-brazil-exports","13":"tag-brazil-imports","14":"tag-brazil-trade-balance","15":"tag-exportacoes-brasil-en","16":"tag-importacoes-brasil-en","17":"tag-jose-augusto-de-castro-en-2","18":"tag-jose-augusto-de-castro-en","19":"tag-saldo-comercial-brasil-en","20":"tag-superavit-comercial-en","21":"tag-trade-balance","22":"tag-trade-surplus"},"wps_subtitle":"The Brazilian Foreign Trade Association projects a more significant decline in imports than exports from the country for next year.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/322641","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\/2316"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=322641"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/322641\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/304610"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=322641"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=322641"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=322641"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}