Brazil balance of trade

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Brazil balance of trade: 4340 (-19.03%)
Last Update: October 31, 2024

Brazil balance of trade closed down 4340 as of October 31, 2024 from 5360 from the previous month and 9164.68 from last year.


Brazil balance of trade Analytics & Data




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Brazil balance of trade

Date Values
2024-10-31 4340
2024-09-30 5360
2024-08-31 4830
2024-07-31 7608.66
2024-06-30 6372.73
2024-05-31 8316.81
2024-04-30 8434.22
2024-03-31 7480
2024-02-29 5308.3
2024-01-31 6287.48
2023-12-31 9323.16
2023-11-30 8788.77
2023-10-31 9164.68
2023-09-30 9212.68
2023-08-31 9585.78
2023-07-31 8273.09
2023-06-30 10146.28
2023-05-31 11034.16
2023-04-30 7967.62
2023-03-31 10758.77
2023-02-28 2574.94
2023-01-31 2297.37
2022-12-31 4836.23
2022-11-30 6712.47

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Brazil balance of trade Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
balance of trade br.balanceoftrade 4340.0 5360 -19 -53 Down Down 14 2024-10-31

Brazil balance of trade Quantitative Analysis, Charts & Factors

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Brazil balance of trade Historical Data

The MacroVar database offers free access to historical data for the Brazil balance of trade, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Brazil balance of trade data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Brazil balance of trade

Brazil's balance of trade refers to the difference between the value of the country's exports and imports. A positive balance of trade occurs when a country exports more goods and services than it imports, resulting in a surplus. Conversely, a negative balance of trade, or trade deficit, occurs when a country imports more than it exports. Brazil has historically struggled with a negative balance of trade due to its reliance on exporting commodities such as soybeans, iron ore, and oil, while importing higher value-added goods. This imbalance can put pressure on the country's currency and overall economic stability. Efforts to diversify exports and promote domestic industries have been made to improve Brazil's balance of trade.

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