Brazil posted a trade surplus of $2.246 billion in September—the lowest monthly figure since 2014, as per official figures. The result last month was down 59.9 percent from the same span in 2018 ($5 billion), in the daily average criterion.
Brazil’s balance of trade saw a positive $3.28 billion in August, as per a report released Monday (Sep 2) by the Ministry of the Economy. The amount is 23.7 percent higher than the same period in 2018.
Brazil’s balance of trade reported a $2.293 billion surplus last July. Despite the positive number, the reduction in commodity exports—chief among them oil and soybeans—led to the lowest surplus for a July in nine years.
Brazil’s external accounts closed out May with a positive balance of $662 million, as per figures released today (Jun 24) by the Central Bank. In the same month last year, the surplus was reported at $900 million.