Trade balance in June registers a surplus
13 de junho de 2016
In the months second week, there was a surplus of USD 561 million, but exports were weaker compared to the first week. However, imports increased in the period.
São Paulo – The Brazilian trade balance closed June’s second week, from 6 to 12, with a surplus of USD 561 million. According to date released this Monday (13) by the Ministry of Industry, Foreign Trade and Services (MDIC), exports in the second week totaled USD 3.49 billion, or USD 657.9 million per business day, a decline of 13.3% in comparison to the month’s first week. In turn, imports totaled USD 2.928 billion, a daily average of USD 585.7 million, an increase of 9.8% over the performance of the first week.
According to the MDIC, exports in the month’s second week declined in all three categories of products in comparison to the first week. Among basic goods, the fall was of 9.2% to USD 335.2 million, due especially to weaker shipments of soy beans, iron ore, meats, soy bran and tobacco leaves.
Among the semi-finished products, the decline, in comparison to the first week, was 14.2% to USD 96.5 million, due to the fall in sales of wood pulp, raw sugar, iron/steel semi-finished products, hides and skins and ferro-alloys. Among finished products, there was an 18.3% fall to USD 249.6 million. Revenues dropped with auto, polymers, auto parts, aluminum oxides and hydroxides, flat-rolled iron/steel products and pneumatics.
In the month, exports totaled USD 5.903 billion, with a daily average of USD 737.9 million and a drop of 21.1% in comparison to last year’s June daily average. Imports, up to the second week, totaled USD 4.529 billion, with a daily average of USD 566.1 million, or 21.3% below the average of June 2015. Year-to-date, the trade balance had a surplus of USD 21.036 billion. In the same period of last year, there was a surplus of only USD 353 million.
*Translated by Sérgio Kakitani