LatinNews Daily - 02 April 2019

* Brazil’s secretary of foreign trade (Secex) in the economy ministry has released the latest trade balance figures, which show that Brazil registered a trade surplus of US$4.99bn in March, a 22.3% decrease on the trade surplus recorded in March 2018. The trade surplus for the first quarter of 2019 totalled US$10.89bn, an 11.1% decrease on the trade surplus during the same period last year. Brazilian exports of basic commodities increased 8.7% in the first quarter of 2019, but exports of manufactured and semi-manufactured products fell 9.8% and 3.5% respectively. Secex projects that Brazil’s trade flow will grow 4.9% this year compared to 2018, estimating that the sum of Brazilian imports and exports will reach US$441.7bn, with an expected annual trade surplus of US$50.1bn. 

End of preview - This article contains approximately 137 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

• Subscribe
• Sign up for a one-time, 14-day trial