Trade Surplus Rises Sharply.

The Ministry of industry and trade announced recently that 1-8 months of this year, Brazil The trade surplus amounted to US $19 billion 959 million, up 70% over the same period last year. Total imports and exports amounted to US $3134.67 in 1-8 months, of which exports were US $166 billion 713 million, an increase of 31.4% over the previous year, and imports of US $146 billion 754 million, an increase of 27.4% over the same period last year.

For the data released by the government, here Analysis Families were very surprised because the surplus in the first five months of this year was only $about 9000000000, thanks to the excessive appreciation of Real, but only in August. Exit The US $26 billion 158 million and US $22 billion 285 million imports have created a record high in the single month. The trade surplus of that month was US $3 billion 873 million, an increase of 62% compared with the same period last year.

The Ministry of industry and trade predicts that this year foreign trade The surplus is expected to exceed 23 billion dollars.