No menu items!

Why Brazil’s foreign trade hit a record high as a share of GDP

The sum of Brazil's exports and imports reached a record level of 35% of the Gross Domestic Product (GDP).

Economists point out the measure as a way to calculate a country's level of trade openness and the insertion of the economy in global trade.

This rate has been between 15% and 25% for Brazil since 2000 and started to rise at the end of 2018, reaching a record level this year.

The data were . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?

Check out our other content