News

Trade surplus dropped last week

25 de julho de 2016

São Paulo – The Brazilian trade balance registered a surplus of USD 852 million last week, according to data released this Monday (25) by the Ministry of Industry, Foreign Trade and Services (MDIC). The previous week registered a surplus of USD 1.5 billion.

Last week, Brazilian exports totaled USD 3.637 billion or USD 727.4 million on average per business day, a decline of 14.8% over July’s average up to the previous week. Foreign sales declined in all three categories of products: basic, semi-finished and finished.

The products that registered a decline in all three groups were, especially, soy beans, crude oil, poultry and beef, soy bran, tobacco, raw sugar, iron and steel semi-finished products, wood pulp, semi-finished gold products, iron, oil platforms, refined sugar, polymers, auto part and vehicle engines.

Meanwhile, imports totaled USD 2.785 billion last week, or USD 557 million on average per business day, a decline of 4% over July’s average up to last week. Foreign purchases declined with electronics, organic and inorganic chemicals and fertilizers, pharmaceuticals and fuel and lubricants.

In July, the trade balance has registered, so far, a surplus of USD 3.851 billion, the result of USD 13.021 billion in exports and USD 9.17 billion in imports. The average per business day regarding exports went up 1% over the same month of last year. The average of imports decreased 18.4% in the same comparison.

Last year, Brazilian exports reached USD 103.273 billion and imports, USD 75.771 billion, resulting in a USD 27.503 billion.

*Translated by Sérgio Kakitani