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Brazil’s trade surplus this year could surpass its record level

According to private economists and an Economy Ministry official, who requested anonymity to discuss the ministry's confidential analysis, said Brazil's trade surplus this year is on track to fall short of the US$81.5 billion forecast in early August. However, he added that it could still surpass last year's record surplus of US$61.4 billion.

Market expectations had hovered around a US$70 billion surplus since April, according to the median forecast in a weekly central bank survey of economists, but the outlook has narrowed in the past month to around US$66 billion last . . .

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