Brazil April trade surplus hits record 10.5 billion dollars
Brazil's trade surplus rose 37.5 percent to 10.5 billion dollars in April. Strong exports of soybeans and crude oil drove the record result for the month.
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Brazil recorded a $10.5 billion trade surplus in April, a 37.5% increase from the previous year. The result reached a record for the month but fell short of the $10.9 billion median forecast by economists. The shortfall underscores mixed signals in Latin America's largest economy as commodity exports surge amid volatile global energy prices.
