Brazil Posts Trade Deficit for 2nd Straight Month


In February of 2014, Brazilian trade balance turned into a USD 2.125 billion deficit, down from a USD 4.06 billion gap reported in the previous month but up 66 percent from February of 2013.

On a monthly basis, exports fell marginally by 0.6 percent in February to USD 15.9 billion. Imports dropped 10 percent to USD 18.06 billion

On an annual basis, exports of raw materials fell 8.5 percent to $7.17 billion. Semi-manufactured goods exports retreated 8.7 percent, while manufactured products slipped 9.2 percent.

Imports in February were marked by a 2 percent rise in consumer goods and a 7.9 percent increase in fuels and lubricants.

Brazil Posts Trade Deficit for 2nd Straight Month


Joana Taborda | joana.taborda@tradingeconomics.com
3/6/2014 7:24:05 PM