Brazil Posts Trade Surplus in April
In April of 2014, Brazilian trade balance turned into a USD 506 million surplus, up from a USD 111.8 million surplus in the previous month and more than double what the market expected.
5/2/2014 7:37:44 PM
Exports surged 11.9 percent over the previous month to USD 19.72 billion in April, while imports rose 9.7 percent to USD 19.22 billion.
A year earlier, the country posted a USD 989 million gap.
Considering the first four months of 2014, Brazil accumulated a trade deficit of USD 5.566 billion.