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Issue #595

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Project Cargo Bi-Annual

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2014 Media Kit

Brazil trade surplus rises to $2.147 billion in September

By: | at 01:23 AM | International Trade  

Brazil posted a trade surplus of $2.147 billion in September, above expectations for a $2 billion surplus, according to the median forecast of 16 analysts surveyed by Reuters.

Brazil, a major producer of soy, corn and iron ore, had a trade surplus of $1.23 billion in August.

So far this year, Latin America’s largest economy has accumulated a trade deficit of $1.622 billion, a sharp reversal from the $15.702 billion surplus posted in the same period last year. (Reuters)