Brazil expects higher trade surplus in 2023 amid drop in imports -official

Kitco Media
By Reuters
Published:
Updated:
Reuters
BRASILIA, Feb 1 (Reuters) - Brazil expects a higher trade surplus in 2023 on the back of a drop in imports, while exports should remain at a similar level from 2022, said the director of Foreign Trade Intelligence and Statistics, Herlon Brandão, on Wednesday.


Speaking at a news conference, he said imports should be affected by reduced commodity prices amid an expected global economic slowdown, which should mainly impact Brazilian fuel purchases. (Reporting by Marcela Ayres Editing by Chris Reese)

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