Brazil Trade Surplus Falls 11% to US$ 33 Billion

    Cargo truck on BR-116

    Cargo truck on BR-116 Exports from Brazil totaled US$ 3.419 billion last week, an increase of 11.96% in comparison with foreign sales in the previous week (US$ 3.010 billion), according to a bulletin disclosed this Monday, October 22, by the Brazilian Ministry of Development, Industry and Foreign Trade.

    Imports were also greater than in the previous week, having risen from US$ 1.950 billion to US$ 2.950 billion, a 33.89% growth rate.

    Thus, the trade balance surplus (exports minus imports) stood at US$ 469 million in the third week of the current month, at an average of US$ 93.8 million per day.

    In the week before, the surplus was much higher, at US$ 1.060 billion, due to the reduction in Brazilian purchases of fuels and lubricants, vehicles and parts, optical and precision instruments, steel industry products, and pharmaceutical products.

    The accumulated surplus in October increased to reach US$ 2.012 billion, and for the year it stands at US$ 32.959 billion, as a result of total exports worth US$ 126.371 billion, and imports of US$ 93.412 billion. In comparison with the accumulated surplus for the year before, there was a 10.7% decrease in trade surplus.

    Tags:

    • Show Comments (0)

    Your email address will not be published. Required fields are marked *

    comment *

    • name *

    • email *

    • website *

    This site uses Akismet to reduce spam. Learn how your comment data is processed.

    Ads

    You May Also Like

    Brazil: The Poor Have Much to Gain from Protecting Endangered Species

    Saving endangered species like pandas, gorillas and tigers helps reduce poverty and improve the ...

    Cabo Branco beach in João Pessoa, Brazil

    The More I Hear About the US the More I Want to Move to Brazil

    It is no secret that I am one American thrilled with Brazil and especially ...

    Brazilian Embraer Sells 30 New Jets to US Market

    Embraer announced that it has reached an agreement for the sale of 30 firm ...

    Why Terror Won’t Bloom Here

    Brazilians used the American tragedy to make fun of themselves. This is one of ...

    Good to the Last Grain

    What makes the coffee growers of Mulungu so special is their history of resistance ...

    Argentina’s Recovery Boosts Brazil Trade

    Mercosur commerce is part of the reason that Brazil has been running historical trade ...

    zzz

    Brazil’s Gol Gets 35% Boost in Demand with 76% of Seats Taken

    Brazilian airline Gol announced that its preliminary data show that in December the company’s ...

    Snubbed by US Army Brazil’s Embraer Still Wants to Build Military Jets in the US

    The board of directors of the Brazilian Aeronautics Company (Embraer) declared its "disappointment over ...

    Anemia Afflicts Half of All Brazilian Children

    Brazil’s Pastoral Commission for Children estimates that around 50% of poor Brazilian children suffer from ...

    Brazil’s Lula Promises No Stone Unturned in Corruption Probe

    Brazilian President Luiz Inacio Lula da Silva promised Monday that in the fight against ...