Brazil Trade Surplus at Record High for September Month


Brazil trade surplus increased to USD 5.2 billion in September 2017 from USD 3.8 billion in the corresponding month a year earlier, beating market expectations of USD 5.0 billion. It was the biggest surplus posted for a September month since the series began.

Exports jumped 18.1 percent to USD 18.67 billion from USD 15.80 billion a year earlier, boosted by higher sales of primary goods (30.2 percent) and industrial products (10.3 percent), of which manufactured (12.4 percent) and semimanufactured (5.8 percent). Among major trading partners, exports increased to China (43.3 percent), the US (8 percent) and Argentina (25.9 percent).

Imports rose 12.5 percent to USD 13.49 billion from USD 11.99 billion in September 2016, as purchases rose the most for fuels and lubricants (20.3 percent), intermediate goods (9.6 percent), consumer goods (10.4 percent) and capital goods (28.1 percent). Among major trading partners, imports went up from China (36.1 percent) and the EU (25.6 percent).

In the first eight months of the year, the trade surplus widened to USD 53.28 billion from USD 36.18 billion in the same period of 2016.

Brazil Trade Surplus at Record High for September Month


MDIC | Joana Ferreira | joana.ferreira@tradingeconomics.com
10/2/2017 6:21:46 PM