Brazil Posts Record Trade Surplus for April
Posted by Eric Haun
May 2, 2017
© Matyas Rehak / Adobe Stock
Brazil's trade surplus rose to $6.969 billion last month, government data showed on Monday, a record for a month of April as prices for main exports such as soy, iron ore and oil rose.
Exports totaled $17.686 billion and imports $10.717 billion. Economists in a Reuters poll predicted a surplus of $7.03 billion, according to their median forecast, after a surplus of $4.862 billion in April 2016.
(Reporting by Silvio Cascione; Editing by Jonathan Oatis)
