Brazil registered a trade surplus of 25.81 billion euros in the first four months of 2024, 17.7% more than in the same period last year, the Brazilian Government indicated this Wednesday.
Exports increased by 5.7%, to 101.3 billion euros until April, while imports increased by 2.2%, to 75.49 billion euros, according to data published by the Ministry of Development, Industry and Commerce.
Only in April, the The surplus was 8,410 million euros, 13.7% more than in the same month last year. and the highest balance for the period since 2021.
Among the main sectors of the Brazilian economy, exports of agricultural products fell 7.9% in April, while imports increased 58.1%.
The extractive industry (petroleum and mining) had the largest increase in exports (+48.6%).
By products, April exports were driven by oil sales, which grew by 92.4%, up to $4,605 million.
This was followed by iron ore exports, which increased by 9.16 percent to US$2,414 million, and raw cotton exports, which grew by 316.7 percent to US$473.7 million. of US dollars
Regarding destinations, Sales of Brazilian products to the European Union boosted exports of the month, with an increase of 39.3%.
Source: Observadora
