Brazil’s foreign trade shrinks by $14 bn

Brazil’s foreign trade contracted by $14 bn in the third quarter compared to the level before the covid-19 pandemic in the fourth quarter of 2019, show data from the Organisation for Economic Cooperation and Development (OECD). Brazilian exports declined by $3.8 bn between July and September compared to before the pandemic. Imports contracted much more, by $10.2 bn.

Source: Valor Investe