Brazil trade surplus widens 92.4% in JulyStaff Writer | August 1, 2016
Brazilian trade surplus increased 92.4 percent year-on-year to $4.58 billion surplus in July of 2016.
Brazilian economy Exports fell for the second consecutive month
Exports declined 11.9 percent year-on-year to $16331 million, following a 14.7 percent drop in June.
Imports went down 27.4 percent year-on-year to $11752 million, 22nd straight month of decrease and also reaching the lowest value for July month since 2009. ■