Brazil: Merchandise trade surplus increases in August
Latest reading: In August, the trade balance was USD +7.4 billion, following a USD +6.6 billion reading in the prior month. Over the last 12 months, the trade balance summed to USD +80.2 billion.
Merchandise exports increased 12.2% in annual terms in August, following 5.0% growth in the prior month. Goods imports rose 9.2% in year-on-year terms in August, following 8.1% growth in the previous month.