Brazil Posts Trade Deficit In April


Brazil registered a trade deficit of $994 million in April of 2013.

Brazil recorded a trade deficit of $994 million in April, following a $161 million surplus in the previous month.

In April of 2013, exports increased 5.4 percent to $20.6 billion from the $19.5 billion registered in April of 2012. In April, exports of petroleum and derivatives decreased 55.1 percent yoy to $1.57 billion.

In April of 2013, imports were worth $21.6 billion, a 15.7 percent increase from the $18.7 billion registered in the same month of the previous year. In April, imports of petroleum and derivatives declined 10.7 percent yoy to $4.82 billion.
 
In the first four months of 2013, Brazil recorded an accumulated trade deficit of $6.15 billion, contrasting from the $3.299 billion surplus registered in the same period last year.
 

 


Duarte Ricardo | duarte.ricardo@tradingeconomics.com
5/7/2013 3:43:07 PM