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Brazil records trade surplus of US$61.8 billion in 2022

Brazil recorded a positive balance of US$61.8 billion in its trade balance in 2022, slightly higher than the US$61.4 billion in 2021, the Brazilian Economy Institute of the Getulio Vargas Foundation (Ibre-FGV) reported today, Monday.

The economic think tank said in a report that the total value exported by Brazil in 2022 grew 19.1 percent over 2021, and the value imported was 24.3 percent higher.

It highlighted that the balance of November and December surprised by the improvement in sales to China, especially in agriculture and livestock.

He detailed that the agricultural sector . . .

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