Brazil’s Trade Balance Registers Surplus in July: Daily

By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – The trade balance in Brazil registered a surplus of US$1.575 billion in July, according to the MDIC (Brazil’s Ministry of Development, Industry and Foreign Trade). The country’s trade balance registered a volume of US$23 billion in exports and US$21.45 billion in imports.

Daily averages sold abroad totaled US$1.001 billion, up by 10.7 percent from July of 2013, while daily average for imports hovered around US$932.6 million, down by 5.5 percent from the same month last year.

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