On Thursday, Jul. 1 Brazilian Economy Ministry’s Secretariat of Foreign Trade stated that the country witnessed a trade surplus of USD37.5 billion during the first half of this year, the greatest surplus since 1997, when records began to be compiled.
The surplus is higher by 68.2 percent in comparison with the first half of last year, when it came to USD22.3 billion.
Exports in the January-May period of 2021 expanded by 35.8 percent hitting USD136.7 billion, whereas imports soared by 26.5 percent reaching USD99.2 billion.
Last month, the trade surplus reached USD10.3 billion, an all-time high for June.
Source: MENAFn