The Brazilian trade balance recorded a surplus of US$62.310 billion in 2022, according to the Secretariat of Foreign Trade (Secex) of the Ministry of Development, Industry, Commerce and Services (MDIC). This is the best result in the historical series, surpassing the previous record of US$61.406 billion in 2021

Exports totaled US$335.007 billion last year, an increase of 19.3% compared to 2021. Imports reached US$272.697 billion, an increase of 24.3% in the same comparison. Both sales and purchases from abroad also record annual records in the historical series.

The result came within the range of estimates in the Projeções Broadcast survey, which ranged from a surplus of US$59.90 billion to US$64.0 billion, with a median of US$61.60 billion.

When comparing the daily average, there was a 36.1% increase in agricultural exports in 2022, a 26.2% increase in sales in the manufacturing industry and a 4.6% drop in the extractive industry. Regarding imports, there was an increase of 6.3% in agriculture in the year, growth of 69.8% in the extractive industry and an increase of 22.9% in the transformation industry.

In December, the Brazilian trade balance recorded a surplus of US$4.779 billion. Exports totaled US$26.645 billion last month, an increase of 14.0% compared to December 2021. Imports reached US$21.865 billion, an increase of 12.0% in the same comparison.

The month’s result came within the range of estimates in the Projeções Broadcast survey, which ranged from a surplus of US$2.590 billion to US$6.0 billion, with a median of US$3.350 billion.

When comparing the daily average, there was a 29.4% increase in agricultural exports in December compared to the same month in 2021, a 5.5% increase in sales in the manufacturing industry and an increase of 24.5% in the extractive industry.

Regarding imports, there was an increase of 6.7% in agriculture in the month, growth of 29.0% in the extractive industry and an increase of 12.1% in the manufacturing industry.

The balance recorded a surplus of US$626 million in the last week of December (26th to 31st). Exports totaled US$2.458 billion and imports reached US$1.832 billion in the period.