Brazil Trade Surplus Widens Sharply as Exports Climb


Brazilian trade surplus increased 53.9 percent to USD 4.14 billion in August 2016 compared to USD 2.69 billion in the same month of the previous year, missing markets expectations of USD 4.20 billion. It was the biggest surplus posted for an August month in ten years, as exports climbed 9.7 percent year-on-year while imports rose at a much slower 0.4 percent.

Exports climbed 9.7 percent year-on-year to USD 16.99 billion, the first rise in three months.

Imports rose slightly by 0.4 percent to USD 12.85 billion, after falling by 22 straight months.

Brazil Trade Surplus Widens Sharply as Exports Climb


Joana Ferreira | joana.ferreira@tradingeconomics.com
9/1/2016 7:20:53 PM