Brazil’s Record Trade Surplus in 2023
2023 Brazil's trade balance hit a record high, with a $98.8 billion surplus, marking a 60.6% increase from 2022's $61.5 billion. The Ministry of Development, Industry, Commerce, and Services' (MDIC) Secretariat of Foreign Trade announced these figures on January 5, 2024. December contributed notably to this annual result with a $9.4 billion surplus. This monthly […]