Brazil’s Trade Surplus Shrinks in August 2024 Amid Global Headwinds

Brazil’s trade surplus reached $4.828 billion in August 2024, according to the Ministry of Development, Industry, Trade and Services MDIC. This figure marks a significant 49.9% decrease compared to August 2023, falling short of economists’ expectations. However, Brazil’s overall trade performance for 2024 remains positive despite this setback. In the first eight months of 2024, […]