End of preview - This article contains approximately 183 words.
Subscribers: Log in now to read the full article
Not a Subscriber?
Choose from one of the following options
Back
LatinNews Daily - 07 August 2025
In brief: Brazil’s trade surplus up in monthly terms, down year-on-year
*Brazil’s ministry of development, industry, trade, and services (MDIC) has released its figures for the country’s trade balance in July, which showed a monthly trade surplus of US$7.07bn, down 6.3% compared to the same month in 2024. However, the latest result marks an increase from the surplus of US$5.71bn registered for June, stemming the downward trend of three consecutive monthly decreases in the trade surplus from April-June. Exports in July this year totalled US$32.31bn, up 4.8% year-on-year, while the total import value stood at US$25.24bn, up 8.4% from July last year. The yearly rise in exports was mainly driven by sectors such as manufacturing, with a monthly export value of US$17.58bn (+7.4% year-on-year), and extractive industries, with exports totalling US$7.42bn (+3.6%). Regarding export destinations, Brazil shipped US$3.71bn worth of goods to the US, up 3.8% compared to July 2024, and US$1.66bn in exports to Argentina, up 42.4%. Meanwhile, monthly exports to China totalled US$10.4bn, down 2.7% year-on-year.
- ECUADOR: Tensions between Noboa and constitutional court deepen
- In brief: Peru seeks to boost trade and investment ties with Japan
- BRAZIL: Gov’t seeks WTO consultations over US tariffs
- In brief: Brazil’s trade surplus up in monthly terms, down year-on-year
- NICARAGUA: Gov’t moves on declared anti-corruption drive
- In brief: Panama’s gov’t unveils road infrastructure projects
- MEXICO: US targets priority criminal group in latest sanctions
- In brief: BBVA forecasts drop in remittances to Mexico in 2025
- ARGENTINA: Protests as deputies pile more pressure on Milei
- In brief: Argentina’s YPF acquires TotalEnergies stake in oil and gas blocks