Brazil posts lowest trade surplus in 10 years

Bloomberg Businessweek/AP, 01/02/2013

Brazil says its 2012 trade surplus is the lowest in 10 years.

The Trade Ministry said Wednesday that Brazil, posted a surplus of $19.5 billion last year, compared to the $29.8 billion surplus registered in 2011.

Brazilian exports in 2012 totaled $242.6 billion, compared to the $256 billion one year earlier.

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