The trade surplus was the result of exports of US$ 116.599 billion and imports of US$ 85.652 billion. There has been significant growth in trade both ways, but with purchases of foreign products rising more. While Brazilian sales on the foreign market grew 15.5%, imports rose 28.3%.
The Central Bank of Brazil (CB) recorded a nominal surplus of 3.863 billion in the month of September. In other words, government savings were more than enough to pay interest on the debt. This was the best result ever recorded in the month of September. This was the fourth time this year that a nominal surplus was recorded, after January (5.531 billion reals or US$ 2.6 billion), March (3.989 billion reals or US$ 1.8 billion) and April (3,841 billion reals or US$ 1.8 billion).
Interest reached 6.142 billion reals (US$ 2.9 billion) in September, as against 15.473 billion reals (US$ 7.3 billion) during the same period of 2007, the lowest volume since September 2001 (5.861 billion reals or US$ 2.7 billion). According to the CB, in September 2007 a nominal deficit of 11.919 billion reals (US$ 5.6 billion) was recorded, and in August this year a negative result was also recorded, at 2.343 billion reals (US$ 1.1 billion).
The primary surplus (government savings for meeting financial obligations) reached 10.005 billion reals (US$ 4.7 billion) in September, a higher figure than the 3.554 billion reals (US$ 1.6 billion) recorded in the same month of 2007. It was the best result since September 2002 (10.257 billion reals - US$ 4.8 billion).
In September, the largest contribution was that of the federal government, at 12.730 billion reals (US$ 6 billion), the highest figure for the month since the CB started keeping track, in 1991. The results posted by state-owned companies in general were also the highest ever for September (3.242 billion reals or US$ 1.5 billion) and specifically those of federal state-owned companies (3.093 billion reals or US$ 1.4 billion).
State-level state-owned companies contributed 184 million reals (US$ 86.9 billion) and municipality-level ones recorded a primary deficit of 36 million reals (US$ 17 million). State governments posted a surplus of 1.303 billion reals (US$ 616 million) and municipality governments, 288 million reals (US$ 136.1 million).