Trade balance has a surplus of US$6.5 billion in January, a record for the month

Trade balance has a surplus of US.5 billion in January, a record for the month



Figures were released by the Ministry of Development, Industry, Commerce and Services. In 2023, the positive trade balance broke a record, totaling US$98 billion. The trade balance recorded a surplus of US$6.52 billion in January, reported the Ministry of Development, Industry, Commerce and Services this Wednesday (7). The result is a surplus when exports exceed imports. When the opposite happens, the result is deficient. The value represents an increase of 185% compared to the same month last year, when the positive balance totaled US$ 2.28 billion. According to the MDIC, the surplus recorded last month is also the highest for January. The historical series begins in 1989. Until then, the highest value ever recorded for the months of January was a positive balance of US$4.5 billion, in 2014. In 2023, the trade balance surplus broke a record by recording a surplus of US$98.8 billion. Brazilian trade balance closes 2023 with a record balance of almost US$ 100 billion According to the government, in January: exports totaled US$ 27.01 billion; imports totaled US$20.48 billion. Export highlights in January Crude petroleum oils: US$4.8 billion, up 53% Iron ore: US$2.85 billion, up 57% Sugars and molasses: US$1.69 billion, up increase of 89% Soy: US$ 1.46 billion, with an expansion of 191% Fuels: US$ 1.24 billion, with an increase of 21%. Main buyers China and Macau: US$7.88 billion, up 53% United States: US$3.43 billion, up 27% European Union: US$3 billion, down 18% Association of Nations Southeast Asia: US$ 2.93 billion, up 46% Mercosur: US$ 1.24 billion (-15%), with US$ 768 million for Argentina alone (-25%).



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