Brazilian trade balance sees USD 1.169 bn surplus up to 3rd week of Oct

In the third week of October 2022, the Brazilian trade balance showed a surplus of US$1.169 billion. The Foreign Trade Secretariat (Secex) of the Ministry of Economy released the data on Monday, 24th, revealing that the value was obtained with exports worth US$ 7.002 billion and imports costing US$ 5.832 billion.

In October, the Brazilian trade balance result accumulated a surplus of US$ 3.102 billion. In the year, the balance is positive at US$ 50.820 billion.

The daily average of exports in the first three weeks of October registered an increase of 25.4% in comparison with the same month of the previous year, growth of 98.4% in Agriculture, a fall of -15.3% in Extractive Industry, and an increase of 26.6% in Manufacturing Industry.

Imports rose 16.5%, with a fall of -7.7% in Agriculture, a growth of 87.3% in the Extractive Industry, and an increase of 15.2% in the Manufacturing Industry.

Source: UOL

To read the full original article, please go to: https://economia.uol.com.br/noticias/estadao-conteudo/2022/10/24/balanca-comercial-tem-superavit-de-us-1169-bilhao-na-3-semana-de-outubro.htm

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