Brazilian trade balance shows US$4 billion surplus in September

Brazil’s trade balance showed a surplus of US$4 billion in September.

The volume is 9.3% lower than in the same month of 2021 due to increased imports.

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

The result was published on Monday (Sep. 3) by the Secretariat of Foreign Trade of the Ministry of Economy.

The cumulative balance for the year was positive at US$47.9 billion.

With domestic demand for foreign products on the rise, the government has lowered the surplus forecast for the year from US$81.5 billion to US$55.4 billion.

In September, exports totaled US$28.95 billion (+18.8%).

Imports reached US$24.95 billion (+24.9%).

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