Brazilian trade balance remains in surplus during the second week of May

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The Brazilian trade balance was in a surplus of $2,038 billion in the second week of May (from the 8th to the 14th), according to data released by the Ministry of Industry, Foreign Trade and Services (MDIC). Continue reading “Brazilian trade balance remains in surplus during the second week of May”

Brazilian trade surplus posts record month in spite of “meatgate”

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The crisis surrounding Brazilian beef exports did nothing to damage exports during the month of March as the trade balance closed with the best result in 29 years (the start of the data set). Exports outgrew imports by $7.1 billion, 61% higher than to March last year when exports were at $4.4 billion. Continue reading “Brazilian trade surplus posts record month in spite of “meatgate””