GDP: Brazilian exports show 3% growth in the 3rd quarter
Dec, 05, 2023 Posted by Gabriel MalheirosWeek 202344
Exports of goods and services showed a positive performance in the third quarter. According to IBGE, Brazil’s sales to foreign markets increased by 3% from July to September, compared to the previous quarter, in the seasonally adjusted series.
The result exceeded the median of projections gathered by Valor, which indicated a 2.7% increase in exports.
Compared with the third quarter of 2022, exports grew by 10%. In this case, the median of expectations collected by Valor was for a growth of 9.6%.
Imports, on the other hand, fell by 2.1% in the third quarter compared to the second. The result was worse than the median of projections, which pointed to a 1.5% decline in imports.
Regarding the third quarter of 2022, there was a 6.1% contraction in purchases of foreign goods. The median market projection was a decline of 5.7%.
-
DW 20201 EN
Mar, 15, 2021
0
DatamarWeek 16 March 2021
-
Meat
Mar, 08, 2023
0
Poultry export revenue climbs 11% in Brazil
-
Dec, 03, 2021
0
Yang Ming adds ninth 11,000-TEU vessel to its transpacific service
-
Ores
Mar, 31, 2020
0
Coronavirus could cause Vale to delay reopening after Brumadinho accident