Brazil Sets Record August Trade Surplus Despite Decline in Total Transactions

The cumulative export total for the first eight months of 2020 was US$138.633 billion, a decrease of 6.6 percent in comparison with year-ago levels, while imports totaled US$102.039 billion, down 25.1 percent.

RIO DE JANEIRO, BRAZIL - Brazil obtained a record trade surplus of US$ 6.6 (R$37) billion during the month of August, the highest for the month since 1989. However overall dropped with exports sliding 5.5 percent to US$17.741bn and imports, 25.1 percent, to US$11.133 billion. In eight months the trade surplus reached US$36.594 billion, the third-best historically in the last forty years.

The cumulative export total for the first eight months of 2020 was US$138.633 billion, a decrease of 6.6 percent in comparison with year-ago levels . . .

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