Brazil’s trade balance shows a surplus of US$8.15 billion in April

RIO DE JANEIRO, BRAZIL – Brazil’s trade balance showed a surplus of US$8.15 billion in April. This means that Brazil is expected to have a trade surplus of US$19.95 billion in 2022.

The surplus in April is 13.9% lower than the same month in 2021 when the result reached US$10 billion.

The balance was also below market expectations, which had predicted a surplus of about US$9.6 billion for the month.

The March trade balance result was released Thursday (5) by the Ministry of Economy’s Foreign Trade Secretariat.

The trade balance for April was scheduled to be released on Monday (2), but was postponed as foreign trade analysts went into normal operation. The analysts are asking the government for a salary adjustment.

A trade surplus is achieved when exports exceed the country’s imports.

In April, exports totaled US$28.9 billion and imports US$20.8 billion. Exports increased by 16.7% and imports by 35.7% compared to the same month in 2021.

In the first four months of the year, Brazilian exports totaled US$101.2 billion, and imports stood at US$ 81.2 billion.

The trade balance of US$19.95 billion is 10.5% higher than in the same period of 2021 when it was US$18 billion.

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