RIO DE JANEIRO, BRAZIL - Brazilian exports set a new record for January, reaching US$19.6 billion, surpassing the previous record for the month, set in 2018.
It was the highest figure since trade balance official records began to be taken in 1989, surpassing the previous record, of US$16.7 billion in January 2018. On a daily average, foreign sales rose 25% over the same month in 2021.
Despite the result, the trade balance recorded a US$176 million deficit, driven by global energy prices. This is the third year in a row in which imports have exceeded exports . . .