Imports in Brazil

Brazil Imports | Economic News & Forecasts

Brazil - Imports

Momentum appeared to wane in the final quarter of last year after growth accelerated in the third quarter. Economic activity fell in December, while industrial output also declined in the same month. Moreover, retail sales in Q4 were disappointing, boding ill for private consumption in the quarter. Looking at the first quarter of 2020, survey data revealed confidence was mixed at the outset of the year: In January, consumers were more downbeat, although businesses were more optimistic. Meanwhile, merchandise exports plunged to an over four-year low in January on a sharp contraction in manufactured goods. The recent coronavirus outbreak could have a pronounced effect on external demand in Q1, particularly as commodity markets have been hard hit and China is a major trading partner for Brazil. Nevertheless, domestic demand is likely keeping growth afloat, thanks in part to a low interest-rate environment.

Brazil - Imports Data

2014   2015   2016   2017   2018  
Imports (USD billion)229  171  138  151  181  

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Brazil Facts

Value Change Date
Bond Yield6.79-0.82 %Dec 31
Exchange Rate4.02-0.13 %Jan 01

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