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Brazil posts record trade surplus in 2023

SÃO PAULO: Brazil's trade surplus set a new record in 2023, according to data released by the Ministry of Development, Industry, Commerce and Services. According to the Brazil-Arab News Agency (ANBA), in 2023, the country exported US$339.7 billion and imported US$240.8 billion, with a surplus of US$98.8 billion. The 2023 surplus was 60.6% higher than 2022's - US$61.5 billion. Source: Emirates News Agency

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