AP News

Brazil posts lowest trade surplus in 10 years


BRASILIA, Brazil (AP) — Brazil says its 2012 trade surplus is the lowest in 10 years.

The Trade Ministry said Wednesday that Brazil, posted a surplus of $19.5 billion last year, compared to the $29.8 billion surplus registered in 2011.

Brazilian exports in 2012 totaled $242.6 billion, compared to the $256 billion one year earlier.

At the same time, imports went from $226.2 billion to $223.1 billion.

In 2002, Brazil posted a trade surplus of $13.2 billion.


Tim Cook's Reboot
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus