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Brasília - O secretário de Comércio Exterior, do Ministério da Indústria, Abrão Neto, divulga dados da balança comercial em 2016 (Fabio Rodrigues Pozzebom/Agência Brasil)

© Fabio Rodrigues Pozzebom/Agência Brasil

Economy

Gov't expects $55 billion trade surplus in 2017

If estimates prove true, the amount will be Brazil's highest balance

Published on 02/05/2017 - 19:23 By Mariana Branco reports from Agência Brasil - Brasília

Brasília - O secretário de Comércio Exterior, Abrão Neto, divulga os dados da balança comercial brasileira de fevereiro (Fabio Rodrigues-Pozzebom/Agência Brasil) — Secretary for Foreign Trade at the Ministry of Industry, Foreign Trade, and Services Abrão NetoFabio Rodrigues-Pozzebom/Agência Brasil

The government has forecast a surplus of $55 billion for the Brazilian balance of trade in 2017. The estimate was announced Tuesday (May 2) by the Secretary for Foreign Trade at the Ministry of Industry, Foreign Trade, and Services Abrão Neto.

If the estimate proves true, the amount will surpass the $47.69 billion registered in 2016, which currently represents the country's highest surplus in the balance of trade since the beginning of this time series, initiated in 1989.

Translated by Fabrício Ferreira

Fonte: Gov't expects $55 billion trade surplus in 2017

Edition: Luana Lourenço / José Romildo

balance of trade surplus foreign trade

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