Brazil Trade Surplus Almost Unchanged in August


Brazilian trade surplus narrowed slightly by 4.4 percent year-on-year to USD 1.17 billion in August of 2014, as exports fell at the same pace than imports.

Year-on-year, exports fell 4.5 percent to USD 20.46 billion and imports decreased at the same pace to USD 19.3 billion. Based on daily average figures, both exports and imports rose a meager 0.1 percent.

In August of 2014, the country posted its sixth consecutive monthly surplus, turning the year-to-date trade balance into a USD 249 million surplus, compared with a USD 3752 million gap in the same period of 2013. Exports fell 0.5 percent while imports decreased at a faster 3 percent. Brazil’s top export partners were China (21 percent of total sales), the United States (12 percent), Argentina (6.3 percent), the Netherlands (6.2 percent) and Japan (2.9 percent). 

Brazil Trade Surplus Almost Unchanged in August


Joana Taborda | joana.taborda@tradingeconomics.com
9/2/2014 3:23:13 PM