Brazil Trade Surplus Narrows 12% YoY in June


Brazil recorded a USD 3.97 billion surplus in June of 2016, down 12.3 percent from a year earlier, in line with market expectations. Exports came back to contraction, reaching the lowest value for a June month since 2009.

Exports fell 14.7 percent year-on-year to USD 16743 million, following a 4.8 percent rise in May. It is the sharpest decline since January. 

Imports went down 15.4 percent year-on-year to USD 12770 million, 21st straight month of decrease and also reaching the lowest value for a June month since 2009.

Brazil Trade Surplus Narrows 12% YoY in June


Joana Taborda | joana.taborda@tradingeconomics.com
7/1/2016 8:38:04 PM