Brazil had a trade surplus of US$3.096 billion in February, with sales of crude oils, petroleum fuels and copper minerals boosting exports in the period.
The figure, released on Monday (02.03.2020) by the Ministry of Economy, was close to the positive balance of US$3.166 billion recorded in the same month last year and partially offset the weak performance in January, when the country had its first trade deficit for the month in five years.
In February, exports rose 15,5% compared to the same period last year, to $16.355 billion. Overall imports rose 16,7% on the same comparison basis, to $13.259 billion.
Trade balance data came out positive in February despite fears of a slowdown in global growth due to the spread of the coronavirus, with marked effects on China, which is Brazil's largest trading partner.
However, in February, in terms of purchasing countries, China, Hong Kong and Macao are in first place (US$ 4.724 million), followed by the United States (US$ 1.709 million), in third place Argentina (US$ 803 million), then the Netherlands (US$ 760 million) and Singapore (US$ 584 million).
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