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Brazil posts $1.5 billion trade surplus in March, smaller than expected

Brazil posts $1.5 billion trade surplus in March, smaller than expected

By , BRASILIA (Reuters) -Brazil posted a trade surplus of $1.5 billion in March, figures showed on Thursday, less than half the consensus forecast in a Reuters poll for a $3.1 billion surplus and also sharply down from the $3.8 billion surplus in the same month last year.Exports in March totaled $24.5 billion and imports were $23.0 billion, the ministry said, adding that total trade flows of $47.5 billion in the month were up almost 40% from a year earlier.These figures mean Brazil’s trade surplus in the first quarter of the year totaled $1.6 billion, sharply down from the $4.5 billion...

April 1, 2021
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reuters.com

reuters.com

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