Brazil's accumulated trade surplus registered 22.599 billion U.S. dollars in the first 10 months this year, 9.1 percent higher than the same period in 2008, the government announced on Tuesday.
The increasing trade surplus, with an average of 108.6 million dollars per business day,could be attributed to more decrease in imports than exports, according to the Ministry of Development, Industry and Trade.
In the first 10 months of the year, exports totaled 125.879 billion dollars in the country,
with a daily average of 605.2 million dollars, down 24.6 percent from the same period in 2008.
Imports totaled 103.28 billion dollars in the period, with an average of 496.5 million dollars per business day, down 29.4 percent from the same period last year.
In October, Brazil registered a trade surplus of 1.328 billion dollars, with an average of 63.2 million dollars per business day, down 0.1 percent from September.
Compared with the same period last year, however, the trade surplus was up 4.7 percent,
indicating that the worst time of the crisis was over.
The Brazilian exports totaled 14.082 billion dollars in October, up 1.6 percent from September, while imports totaled 12.754 billion dollars, 1.8 percent higher than September.