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Brazil’s Trade Balance Surplus to Reach US$ 35 Billion in 2005

Last week, Brazil’s trade balance surplus (exports minus imports) reached US$ 943 million, raising to US$ 2.336 billion the total reached in May, and to US$ 14.530 billion the overall accumulated from January to May.

This result points to a projection of US$ 35 billion for the year’s balance, according to the Focus research, released this Monday, May 23, by the Brazilian Central Bank.


There was an increase of 41.80% in last week’s trade balance compared to that of the previous week, because, in the period, exports grew 9.78%, and imports dropped 3.92%. Sales totaled US$ 2.436 billion in the week, while purchases added up to US$ 1.493 billion.


In May, exports reached US$ 6.851 billion, and imports, US$ 4.515 billion. This difference produced the best external sales daily average: US$ 487.2 million, according to the Ministry of Development, Industry, and Foreign Trade.


ABr

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