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Brazil exports to China jump 35.6% and lead to record trade surplus

Brazil posted a record trade surplus for November, official data showed on Thursday, driven by booming exports, with emphasis on sales to China, which grew 35.6%.

According to the Economy Ministry, the trade surplus reached US$6.7 billion in November, beating a US$5 billion surplus expected by economists in a Reuters poll.

This was the strongest result for the month in the series starting in 1989.

Exports jumped 30.5% over the same month in 2021 to US$28.2 billion.

They were helped by a 35.6% increase in sales to China, which ensured a 0 . . .

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