Given the stronger U.S. dollar, Brazil’s balance of trade shifted from a deficit to a surplus. Affected by the weaker local currency, imports fell 25% to US$171 billion, according to the Ministry of Development, Industry and Foreign Trade (MDIC). Exports also fell, though at a slower pace, by 15% to US$191 billion. As a result, the trade deficit recorded in 2014 reversed to a trade surplus in 2015. In 2015, the country’s trade surplus was nearly US$20 billion, which is the best result in four years. Brazil’s international trade, which is the sum of exports and imports, stood at US$363 billion, down 20% from 2014.