Given that sales abroad reached an all-time high of US$ 30.9 billion in July, Brazil recorded a foreign trade surplus of US$ 7.6 billion, according to data released Tuesday by the Ministry of Development, Industry, Trade, and Services, which represented a 6.6% drop from the US$ 8.2 billion surplus in July 2023, Agencia Brasil reported.
Brazil's trade balance posted a US$ 3.546 billion surplus in November, 31.8% lower than the US$ 5.201 billion in October and 25.4% down from November 2016, according to government data.