News

Trade surplus reached USD 1.5 billion last week

18 de julho de 2016

São Paulo – Brazil registered USD 1.511 billion trade surplus last week, the result of USD 4.409 billion in exports and USD 2.898 billion in imports, according to data released this Monday (18) by the Ministry of Industry, Foreign Trade and Services (MDIC).

The daily average in foreign sales increased 6.4% over July’s average up to the previous week. There was an increase in shipments of finished products, notably oil platforms, cargo vehicles, ethanol, earth-leveling machinery and equipment, and auto engines.

However, foreign sales of basic goods declined, especially soy beans, iron ore, crude oil, soy bran, and beef and pork. Exports of semi-finished products also declined, notably ferro-alloys, hides and skins, copper cathodes, wood logs and crude soy bean oil.

The daily average of imports declined 0.3% in comparison to July’s average up until the second week. There was a decrease in purchases of mechanical equipment, electronics, organic and inorganic chemicals, auto and auto parts, plastics, and organic and inorganic fertilizers.

In the month, exports totaled USD 9.384 billion and imports, USD 6.383 billion, which resulted in a surplus of USD 2.999 billion. By the daily average, foreign sales increased 5.9% over last year’s July, and imports declined 17.3% in the same comparison.

Year-to-date, exports totaled USD 99.636 billion and imports, USD 72.986 billion. On the year, there’s a surplus of USD 26.651 billion.

*Translated by Sérgio Kakitani