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Brazil posts $10.3 bln April trade surplus


Food & Beverages


Brazil posted a trade surplus of $10.3 billion in April, figures showed on Monday, a significant rise in monthly and annual terms but below a Reuters forecast for an $11.4 billion surplus in the period. Total Brazilian exports in April came to $26.5 billion, while imports came to $16.1 billion, the data showed.


Year-to-date, Brazil has registered a trade surplus of $18.3 billion, well above the $9 billion surplus the country registered in the first four months of 2020. In April last year, Brazil registered a trade surplus of $6.2 billion. Last month, the Economy Ministry revised the manner in which it compiles statistics relating to the nation's trade balance and adjusted its figures dating back to 1997. That resulted in a 16.5% reduction in the trade surplus through 2020, while bumping up figures in 2021.