External accounts record a deficit of US $ 8.8 billion in February

by Andrea
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Data are included in the external sector statistics report released on Wednesday by the Central Bank

Cris Faga/Dragonfly Press/Estadão Content
SP – Market/Dollar – Economics – Illustrative image of the US dollar produced on Monday (20). The dollar closed down Monday before Real after news that Donald Trump will not impose new import rates on his first day in the US presidency. Two dollar auctions held by the Central Bank in the morning also contributed to the drop in quotes in Brazil. 01/20/2025 – Photo: Cris Faga/Dragonfly Press/Estadão Content

Brazil’s external accounts recorded a deficit of US $ 8.8 billion in February, compared to a deficit of US $ 3.9 billion in the same month last year. The data are contained in the external sector statistics report released on Wednesday (26) by (BC). The data concern the difference between exported and imported products, contracted services and expense of Brazilians abroad, as well as the sending of profits to other countries. According to the BC, in the interannual comparison, the trade balance surplus – exports less imports – retreated US $ 5.4 billion, while the service deficit remained stable and the primary income deficit decreased US $ 526 million.

In addition, the 12 -month current transactions deficit ended in February 2025 totaled US $ 70.2 billion, representing 3.28% of Gross Domestic Product (GDP) from US $ 65.3 billion, about 3.03% of GDP in January. Compared to February 2024, the result was deficient at US $ 23.9 billion (1.07% of GDP).

“The trade balance deficit reached US $ 979 million in February 2025, compared to US $ 4.4 billion in February 2024. Exports of goods totaled US $ 23.2 billion and imports of goods, US $ 24.1 billion, influenced by the importation of a $ 2.7 billion. They decreased by 1.8% and imports increased by 25.7%, ”said the BC.

Balance Balance surplus drops 65.1% in January

Regarding direct investments in the country (IDP), the BC reported that they registered net tickets of US $ 9.3 billion in February 2025, compared to US $ 5.3 billion in February 2024. BC data show net tickets of US $ 5.6 billion in capital participation and US $ 3.7 billion in intercom operations. In 12 months, IDP totaled US $ 72.5 billion (3.38% of GDP) in February 2025, compared to US $ 68.5 billion (3.18% of GDP) in January 2025 and US $ 64.6 billion (2.89% of GDP) compared to February 2024.

Reservations

International reserves totaled US $ 332.5 billion in February 2025, an increase of US $ 4.2 billion compared to January 2025. They contributed to increasing reserves in price variations, US $ 1.9 billion, $ 521 million, US $ 604 million disbursements, $ 661 million.

*With information from Agência Brasil
Posted by Fernando Dias

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