trade balance / balança comercial
Economy

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

Oct, 24, 2022 Posted by Gabriel Malheiros

Week 202243

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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