Trade balance has surplus of US$ 2.83 billion in February

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This represents a drop of 35.3% in the positive result compared to the same month last year, when the surplus totaled US$ 4.62 billion. Figures are from the Ministry of Development, Industry and Foreign Trade. The trade balance registered a surplus of US$ 2.83 billion in February, informed the Ministry of Development, Industry and Foreign Trade this Wednesday (1). The result is a surplus when exports exceed imports. When the opposite happens, the result is deficient. According to the Ministry of Economy, the value represents a drop of 35.3% in relation to the same month of last year, when the positive balance totaled US$ 4.62 billion. According to the government, in February: exports totaled US$ 20.55 billion; imports totaled US$ 17.72 billion. According to the Ministry of Economy, exports, according to the daily average, registered a drop of 7.7% in February compared to the same period last year. Purchases from abroad fell by 0.9% in this comparison. Partial year In the first two months of this year, still according to official data, the trade balance recorded a positive balance of US$ 5.44 billion, against a surplus of US$ 4.57 billion in the same period of 2022. of 19.2% by the daily average. In the first two months of this year, exports totaled US$ 43.58 billion – a daily average increase of 0.7% compared to the same period last year. Imports, on the other hand, totaled US$ 38.14 billion — a drop of 1.5%. Export highlights Soy: US$ 2.88 billion Iron ore: US$ 2.01 billion Crude petroleum oils: US$ 1.19 billion Fuel oils: US$ 961 million Cellulose: US$ 766 million Soy bran: US $755 million

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