By Jeffrey T. Lewis
SAO PAULO–Brazil swung to a trade surplus in December from a deficit in November as exports surged and imports declined, the economy ministry said Monday.
The country recorded a surplus of $3.95 billion in December, after a deficit of $1.3 billion in November. Brazilian exports rose to $24.37 billion last month, from $20.3 billion in November, while imports declined to $20.42 billion from $21.6 billion.
In 2021, Brazil posted a trade surplus of $61 billion, with exports of $280.4 billion and imports of $219.4 billion.
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(END) Dow Jones Newswires
January 03, 2022 13:19 ET (18:19 GMT)
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