Tag: Brazil trade deficit

• Wednesday, January 27th 2016 - 08:28 UTC

  Brazil's current account deficit drops to 3.32% of GDP, lowest since 2010

  

  The soaring US dollar and Brazil’s slumping economy led to a weaker demand for imported goods and services in 2015. As a result, Brazil’s current account deficit reached USD 58.942 billion, equivalent to 3.32% of GDP. The result is the smallest amount since 2010. In 2014, the current account deficit reached USD 104.181 billion, or 4.31% of GDP.

• Saturday, March 8th 2014 - 06:47 UTC

  Brazil's trade deficit soars in February: 6.3bn dollars if first two months of 2014

  

  Brazil recorded its largest February trade deficit ever, deepening a trade gap this year that underscores the lack of competitiveness from local industry. The deficit reached 2.125 billion dollars the trade ministry announced.