Despite the devaluation of commodities, Brazil forecasts a record positive balance of $93 bi for 2023, surpassing the previous projection of $84.7 bi made in July.
Exports of goods reached $30.247 billion, reflecting an 8.7% decline. Imports amounted to $21.645 billion, marking a 16.1% decrease from the previous year.
During the first quarter of this year, the trade balance accumulated a surplus of $16.068 billion—a growth of 29.8% compared to the same period in the previous year.
Imports made the balance fall 15.4%, but despite the decline, it is the second best result for the month since the beginning of the historical series, in 1989.
The recovery in commodity prices and a record crop led Brazil's balance of trade to achieve the biggest annual surplus ever.