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Brazil reports trade surplus for September

Brasilia, Oct 7 (Prensa Latina) Brazil recorded a trade surplus of $7.74 billion last September, driven by growth in exports of oil, fuels, soybeans, and copper, the Ministry of Development, Industry, Trade and Services reported.

  The figure was more than double the balance from September of the previous year—when it reached $3.14 billion—representing a year-on-year increase of 146.4 percent.

  It was also the second-best result for the month of September since the historical series began.

  Exports totaled $34.42 billion, a 12.9 percent increase compared to the same month the previous year, while imports amounted to $26.68 billion, a 2.4 percent decrease, the source specified.

  By sector, foreign sales from the extractive industry reached $9.44 billion, a rise of 39.8 percent.

  In the manufacturing sector, shipments abroad totaled $17.67 billion, while those from the agricultural sector reached $7 billion.

  Among the main products, crude oil stood out, with exports rising 77.3 percent, while copper ore exports grew by 74.2 percent.

  Sales of soy byproducts, fuels, and soybeans also increased, rising by 47.7, 39.1, and 11.9 percent, respectively.

jdt/las/dsa

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