Tag: trade surplus

Saturday, May 25th 2024 - 10:57 UTC
Brazil's growing concern with Argentine recession as exports and a trade surplus turn negative

Brazil is deeply concerned with the declining trade export volumes to Argentina, which while last year expanded 8,9% in the first four months of 2024 have fallen 29,9%, and experts wonder if the Mercosur partner finally recovers from its current recession, will it continue on trusting a bilateral relation or appeal to China, US, or Europe.
Thursday, October 5th 2023 - 10:59 UTC
Brazil reports record trade surplus in September

Thanks to lower fuel imports and improved grain harvest results, Brazil's Ministry of Development, Industry, Trade, and Services this week announced a trade surplus of $8.904 billion for September 2023, a 51.2% improvement over the same month last year, Agencia Brasil reported.
Tuesday, October 3rd 2023 - 10:09 UTC
Brazil: Trade surplus projections upped for 2023

Brazil's Ministry of Development, Industry, Trade and Services (MDIC) has improved its projections for a foreign trade surplus this year from US$ 84.7 billion to US$ 93 billion, Agencia Brasil reported Monday.
Friday, January 20th 2023 - 10:07 UTC
Argentina's trade surplus in 2022 shows significant drop

Argentina recorded a trade surplus in 2022 of US$ 6.923 billion, according to a National Institute of Statistics and Census (Indec) report released Thursday. It was a significant setback from the US$ 14.751 billion recorded in 2021, particularly after additional restrictions were placed on imports in the second semester after Super Economy Minister Sergio Massa took office.
Friday, December 23rd 2022 - 14:15 UTC
Brazil's trade surplus in 2023 expected to reach US$ 72 billion

Despite the global economic slowdown, the Brazilian Foreign Trade Association, AEB, indicated that the largest economy in South America is projected to have a higher trade surplus in 2023. Next year's positive result is expected to reach US$ 71,9 billion, which would be 14,3% higher than the US$ 62,9 billion this year.
Monday, April 11th 2022 - 23:39 UTC
Argentina foresees foreign trade surplus for 2022, study shows

Due to the international increase in the price of agricultural products, Argentine traders foresee a trade surplus of US$ 14.1 billion for this year, because while imports would total US$ 70.6 billion, exports would reach US$ 84.4, according to a report by the Department of Information and Economic Studies of the Rosario Stock Exchange (BCR).
Monday, January 17th 2022 - 09:00 UTC
Paraguay closes 2021 with sizeable trade surplus

The year 2021 closed for Paraguay with a trade surplus of US $ 941 million, according to the Advance Foreign Trade Report (RCE) for December 2021, published by the Undersecretary of State for the Economy (SSEE) of the Finance Ministry.
Thursday, January 13th 2022 - 10:02 UTC
Record 2021 trade surplus in Brazil, but complaints about the economy becoming commodities dependent

Brazil managed a US$ 61,01 billion surplus in its trade balance in 2021, which is 21% higher than the US$ 50 billion of 2020 and the best performance since current stats were officially recorded beginning 1989.
Thursday, May 6th 2021 - 23:59 UTC
Falklands economy boasts healthy trade surplus but income inequality increases

The value of goods exported from the Falkland Islands recorded a compound annual growth rate of 8.1% between 2010 and 2019, according to the Falkland Islands Government’s State of the Economy report.
Tuesday, January 5th 2021 - 09:07 UTC
Brazil posted a trade surplus of US$ 51 billion in 2020. Overall trade down 7,7%

Brazil posted a US$ 51 billion trade surplus last year, official figures showed on Monday, a 6% increase from the year before as the COVID-19 pandemic hit imports harder than exports.