Brazil trade surplus hits all-time high of $7.7 billion in May

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Containers are seen during a workers' strike at Latin America's biggest container port in Santos

BRASILIA (Reuters) – Brazil’s trade surplus rose to a record $7.661 billion last month, government data showed on Thursday, underpinning the country’s economic recovery amid a record soy crop and rising automobile sales.

Exports totaled $19.792 billion and imports $12.131 billion. Economists in a Reuters poll predicted a surplus of $7.53 billion, according to their median forecast, following a surplus of $6.97 billion in April.

(Reporting by Marcela Ayres; Writing by Silvio Cascione; Editing by Chizu Nomiyama)

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