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Balance of trade at $4.4 billion best for March since 1989

Brazilian exports are up 3.5% from last month
Pedro Peduzzi and Michelle Canes report from Agência Brasil
Published on 01/04/2016 - 16:51
Brasília
Porto do Rio de Janeiro
© Tânia Rêgo/Agência Brasil
Containers no Porto do Rio de Janeiro

In addition to Brazil's purchases abroad, a reduction of 30% in the daily value traded was observed, compared with March, 2015, and 3.1% compared with February, 2016. Tânia Rêgo/Agência Brasil

The Brazilian balance of trade had a $4.435 surplus in March—the best performance for a March since 1989, when the current time series began. The data were made public Friday (Apr. 1) by the Ministry of Development, Industry, and Foreign Trade.

The positive figure comes as a result of the $15.994 billion in exports and $11.599 billion in imports. Foreign sales fell 5.8% from March, 2015, but surged 3.5% from February, 2016, according to the daily average criterion, which measures the amount traded on a one business day.

In addition to Brazil's purchases abroad, a reduction of 30% in the daily value traded was observed, compared with March, 2015, and 3.1% compared with February, 2016.


Translated by Fabrício Ferreira


Fonte: Balance of trade at $4.4 billion best for March since 1989