Economy

Brazil’s trade surplus reaches $1.591 Bn in fourth week of September

Sep, 25, 2023 Posted by Gabriel Malheiros

Week 202339

Brazil’s sales abroad exceeded imports by $1.591 billion in the fourth week of September, with exports reaching $6.358 billion and imports totaling $4.767 billion.

In exports, comparing the averages until the fourth week of the month ($1.479 billion) with the average recorded in September 2022 ($1.361 billion), there was an 8.7% growth. Regarding imports, there was a 15.7% decrease over the same period. All the figures from the Trade Balance were released on Monday (25/9) by the Secretariat of Foreign Trade of the Ministry of Development, Industry, Trade, and Services (Secex/MDIC).

In the month, exports to foreign countries amount to $22.195 billion, and imports total $14.985 billion, resulting in a positive balance of $7.21 billion and a trade flow of $37.179 billion.

Year-to-date, exports have reached $246.773 billion, and imports stood at $177.158 billion, with a surplus of $69.615 billion and a trade flow of $423.93 billion.

Sectors and Products

In the year-to-date data until the fourth week of September, the daily average of exports reveals an increase of $67.39 million (+25.2%) in agriculture, an increase of $54.85 million (+17.2%) in extractive industries and a decrease of $6.03 million (-0.8%) in manufacturing industry products.

In the same comparison, the performance of imports by the daily average was as follows: a decrease of $3.16 million (-13.7%) in agriculture, a reduction of $27.43 million (-31.3%) in extractive industries, and a decrease of $155.1 million (-14.6%) in manufacturing industry products.

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