LatinNews Daily - 02 October 2018

Brazil’s industry, foreign trade & services ministry (MDIC) has reported that the country registered a trade surplus of US$4.97bn in September, with exports totalling US$19.09bn and imports US$14.12bn. This represents a 3.9% decrease compared to the September 2017 trade surplus. Brazil’s overall trade balance for January-September 2018 records a US$42.65bn surplus, a 19.9% decrease compared to the same period last year. Despite the reduced trade surplus this year, the MDIC noted an increase in imports and exports, saying that this “represents stronger economic activity, which generates more wealth, [and] creates more jobs”. 

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