RIO DE JANEIRO, BRAZIL - The Brazilian trade balance recorded a positive balance of US$6.702 billion in April, the best result for the month since 2017, despite reductions in both exports and imports.
The data was released on Monday, May 4th, by the Foreign Trade Secretariat of the Ministry of Economy.
The surplus fell close to the Broadcast Projections estimates, which averaged a surplus of between US$3.620 billion and US$6.900 billion. The median was US$6.3 billion.
The April balance was well above that recorded in the same month last year, when the result . . .