Jan 4 Brazil returned to a trade surplus in 2015 as the worst recession in 25 years and a slump in the real currency damped demand for imports in Latin America’s largest economy, data showed on Monday.
Brazil posted a trade surplus of $19.681 billion for last year, rebounding from a deficit of $4 billion in 2014, according to Trade Ministry figures.
A 33 percent depreciation of the real against the dollar helped to prevent exports from collapsing, despite dwindling commodities demand from top trade partner China. The deepening recession at home, meanwhile, curtailed import demand.
Brazil Energy Insight 
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