Brazil’S Trade Surplus Up In April
Date
5/2/2023 11:16:04 PM
(MENAFN- Brazil-Arab News Agency (ANBA))
São Paulo – Brazilian exports in April saw a 0.3% decline in revenue, to USD 27.37 billion, from the same month in 2022, the country's Ministry of Development, Industry, Commerce and Services said Monday (1).
Brazilian imports in April fell by 2.6% from a year ago to USD 19.1 billion. Brazil's trade surplus amounted thus to USD 8.2 billion in April, up 5.5% despite the decline in exports.
The performance in April was the result of a 13.7% increase in exports of agricultural products, counterbalanced by a 6.6% decrease in extractive industry exports and a 6.3% decrease in transformation industry exports.
According to the Ministry, the decline in April was mainly driven by the drop in revenue of exports such as maize, unroasted coffee, and raw cotton. Exports of iron ore, lignite and peat, petroleum, and beef also fell.
Translated by Guilherme Miranda
André Kasczeszen/APPA
The post brazil's trade surplus up in april appeared first on agência de notícias brasil-árabe .
MENAFN02052023000213011057ID1106158653
.jpg)
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.