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Brazil’s trade deficit stood at USD 1.1bn in January 2021
The foreign sales of the extractive industry jumped by 23% in January, and offset the reduction of exports in agriculture, livestock, and manufacturing.
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Data Bytes
Brazil’s federal tax revenues rise in December 2020
The tax revenues collected by the Brazilian federal government increased by 7.8% y/y, in nominal terms, to BRL 159bn in December 2020, reflecting the economic activity recovery.