Brazilian trade balance posts surplus of US$ 2.88 bn in 1st week of April
Apr, 09, 2024 Posted by Gabriel MalheirosWeek 202415
In the initial week of April, Brazil’s trade balance showed a surplus of US$ 2.88 billion. This figure, released on Monday (8) by the Ministry of Development, Industry, Trade, and Services (Mdic)’s Secretariat of Foreign Trade (Secex), is the outcome of US$ 7.69 billion in exports and US$ 4.81 billion in imports during the same period.
Compared to April 2023, exports in the first week of April saw a 2.1% increase, averaging US$ 1.54 billion per day. This growth was primarily supported by a significant 38.6% rise in sales from the extractive industry and a modest 1.2% increase in shipments from the manufacturing sector. However, agricultural exports experienced a notable decline of 16.2%.
Source: Valor Econômico
Click here to read the original news piece: https://valor.globo.com/brasil/noticia/2024/04/08/balanca-comercial-brasileira-tem-superavit-de-us-288-bi-na-1a-semana-de-abril.ghtml
-
Other Logistics
Jul, 12, 2022
0
Contract renewal of VLI-operated railroad leads to complaints from states
-
Grains
Apr, 29, 2022
0
War will drive Brazil to “export” food inflation until 2023
-
Automotive
Dec, 18, 2018
0
Mercedes-Benz truck and bus exports soared in 2018, up 30%
-
Meat
Sep, 09, 2021
0
China’s meat imports down nearly 9% YoY in August