Trade surplus up 36.5% reaching US$ 58.75 billion YTD

Up to the third week of October, the trade balance reached a surplus of US$ 58.75 billion in the accumulated result for the year, increasing 36.5% in the daily average over the period from January to October 2020. The trade flow (sum of exports and imports) reached US$ 392.89 billion, a growth of 36.9%. Exports in 2021 already total US$ 225.82 billion, increasing 36.8%, while imports rose 36.9% totaling US$ 167.07 billion. The data were released on Monday (10/18) by SECEX (the foreign trade secretariat of the Ministry of Economy.

In the accumulated result for the month, exports grew 41.3% and totaled US$ 12.47 billion, while imports rose 55.4% and totaled US$ 10.29 billion. As a result, the trade balance registered a surplus of US$ 2.18 billion, down 1.1%, and the trade flow reached US$ 22.77 billion, up 47.4%.

In the third week of October alone, exports totaled US$ 4.574 billion, while imports totaled US$ 4.323 billion. Thus, the trade balance registered a surplus of US$ 0.25 billion and the trade flow reached US$ 8.897 billion.

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