Itaú BBA - $58 billion trade surplus in 2018

Macro Brazil

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$58 billion trade surplus in 2018

enero 2, 2019

The trade balance posted a strong surplus for a fourth consecutive year.

For the version with all charts and tables, please open the attached pdf file
 

The trade balance posted a strong surplus for a fourth consecutive year. Although exports rose at a slower pace than imports, the trade surplus remained at a historically-high level. In December, the surplus reached $6.6 billion, driven by $19.6 billion in exports and $12.9 billion in imports. For 2019, we continue to expect a wide trade surplus ($58 billion), with growing exports as well as imports.
 

For the version with all charts and tables, please open the attached pdf file



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