Imports surged 49.5 percent year-on-year to USD 18.64 billion. It is the highest value since November of 2014, mainly due to a jump in purchases of intermediate goods (+28.1 percent) and capital goods (+312.7 percent). Purchases went up from China (+90.7 percent), the EU (28.9 percent) and the US (+19.9 percent).
Exports jumped 21.9 percent year-on-year to USD 20.2 billion, the highest since July of 2014, mainly boosted by shipments of soybeans (+60.7 percent), oil (+122 percent), iron ore (+54 percent), chicken meat (+19.6 percent) and beef (42.7 percent). Main falls were seen in exports of sugar (-43.1 percent) and corn (-42.7 percent). Sales jumped 73.1 percent to China, 30.2 percent to the EU and 5.7 percent to the US.