Brazil's external trade surplus narrowed to US$1.21 billion in October from US$2.7 billion recorded in September, the Trade and Development Ministry said Monday. Economists had expected a trade surplus of US$1.57 billion.
Exports accounted for US$18.5 billion in October, down from US$20.02 billion seen in the preceding month and an expected US$19.34 billion. On the other hand, imports amounted to US$17.3 billion versus September's US$17.26 billion.
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