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    Record oil exports lifts Brazil trade surplus above forecasts in Oct

    adminBy adminNovember 8, 2026No Comments2 Mins Read
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    Business Recorder•8 Nov 2026, 2:33 AM PKT
    •1 min read

    Record oil exports lifts Brazil trade surplus above forecasts in Oct

    Brazil recorded a USD9.3 billion merchandise surplus in October, exceeding the USD9.1 billion forecast in a Reuters poll, Business Recorder reported, citing official figures. The balance was nearly 40 percent larger than in the same month last year, as exports climbed 20.0 percent to USD37.8 billion and imports grew 14.8 percent to USD28.5 billion.

    Crude shipments led the advance: their value reached USD8.5 billion, up 122.6 percent, while exported volume hit 14.49 million metric tons, a 63 percent increase. The ministry said the combined value of Brazil’s monthly trade flows reached a record, with both sides of the trade ledger setting highs; year to date, the surplus had expanded 34.1 percent to USD71.0 billion.

    At a glance

    • Brazil’s October trade surplus reached USD9.3 billion, almost 40 percent higher year over year.
    • Crude exports rose to a record USD8.5 billion in value.

    Originally reported by Business Recorder

    This page is Investify’s own summary. The full report, with all details and context, is on the publisher’s site.

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