Brazil’s Trade Balance Registers Surplus for First Semester 2015

By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – The trade balance in Brazil closed the first semester of 2015 with a surplus of US$2.222 billion, according to the Ministry of Development, Industry and Foreign Trade (MDIC). This is the first time the index registered a surplus since the first semester since 2012.

Among the items which helped Brazil export more than it imported was the shipment abroad of soybeans and an oil platform which was sent abroad to a Petrobras subsidiary.

In June, Brazil’s trade balance reversed the negative result seen in May (- US$2 . . .

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