Brazil ends 2021 with largest trade surplus in historical series

The exports of commodities (agricultural and mineral products traded in the foreign market) had a 67.7% participation in total exports, showing an expansion of 37.3% in value.

RIO DE JANEIRO, BRAZIL - The Foreign Trade Indicator (Icomex), released yesterday (14) by the Getulio Vargas Foundation (FGV), indicates that the Brazilian trade balance recorded last year the largest surplus in the historical series, amounting to US$61.2 billion, US$10.8 billion more than the balance of 2020.

The trade flow, which adds up exports plus imports, reached a record of US$ 500 billion, as a result of the increase of 34.2% in exports and 38.2% in imports in 2021, compared to the previous year.

According to FGV, the price variation increased exports, which rose 29 . . .

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