Brazil

Food & Beverages

05-08-2022

Brazil Trade Surplus Narrowed in July as Exports Declined

Brazil

Brazil's trade surplus narrowed in July from June after exports declined in the month and imports rose, the economy ministry said Monday.

 

The country recorded a surplus of $5.4 billion in July, after a surplus of $8.8 billion in June. Brazilian exports fell to $29.95 billion last month, from $32.7 billion in June, while imports increased to $24.51 billion from $23.9 billion.