News Details

Brazil Nov. Trade Balance Swung to $1.3 Billion Deficit as Exports Fell

Brazil

Food & Beverages

02-12-2021

Brazil's trade balance swung to a deficit in November from a surplus the previous month as exports declined and imports increased, the country's economy ministry said Wednesday.

 

The country recorded a deficit of $1.3 billion in November, after a surplus of $2.0 billion in October. Brazilian exports fell to $20.3 billion last month, from $22.5 billion in October, while imports increased to $21.6 billion in November from $20.5 billion a month earlier.