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Trade balance surpluses US $ 701 million in third week of August

Foreign trade

With this result, the accumulated balance in the month reaches US $ 1.222 billion; in the year, the value reaches US $ 29.697 billion

Brazil registered a trade balance surplus of US $ 701 million in the third week of August, according to data released on Monday (19/08) by the Special Secretariat of Foreign Trade and International Affairs of the Ministry of Economy (Secint / ME). The positive balance is the result of exports of US $ 3.988 billion and imports of US $ 3.288 billion.

In the month, exports totaled US $ 9.990 billion and imports, US $ 8.768 billion, with a positive balance of US $ 1.222 billion. In the year, exports totaled US $ 139.990 billion and imports, US $ 110.293 billion, with a positive balance of US $ 29.697 billion.

Third-week exports averaged $ 797.7 million, down 7 percent from the $ 857.4 million average by the second week. The reduction reflected the 19.6% drop in exports of semi-manufactured goods - from $ 120.7 million to $ 97 million - and from 17.5% in manufactured goods - from $ 306.1 million to $ 252, 5 million.

In semimanufactured goods, the result came from decreased sales of iron / steel, ferroalloys, raw cast iron, semi-manufactured gold and raw zinc. Manufactured output was impacted mainly by the reduction in sales of aviation engines and turbines, passenger cars, taps, valves and similar devices, as well as cargo vehicles.

On the other hand, basic sales increased by 4.1%, from US $ 430.6 million to US $ 448.2 million, due to soybeans, crude oil, crude cotton, beef and live cattle.

In imports, the balance pointed to fall of 16% over the same period of comparison, falling from US $ 782.9 million on average until the second week to US $ 657.5 million on the third week average . In this case, there was an impact mainly on expenses with mechanical equipment, organic and inorganic chemicals, electro-electronic equipment, pharmaceuticals, fuels and lubricants. 

Month Review

Comparing the average up to the third week of August 2019 with August 2018, Brazilian exports decreased 11.2% from US $ 937.1 million to US $ 797.7 million. The main reason was a 24.9% reduction in manufactured product sales from $ 377.6 million to $ 287.1 million due to iron / steel hoses, centrifuges and filtering or purifying devices, flat rolled iron / steel, passenger cars and freight vehicles.

The 4.8% reduction in basic exports also weighed, from US $ 459.9 million to US $ 437.9 million, mainly in copper ore, soybeans, soybean meal, crude oil, beef and chicken.

The counterpoint was sales of semimanufactured goods, which rose 20.6% from $ 91.9 million to $ 110.8 million. Positive performance was driven by semi-manufactured iron / steel, ferroalloys, raw aluminum, raw cane sugar and raw cast iron.

Compared to July 2019, however, there was a 4.5% reduction in exports, due to an 8.9% decrease in sales of basic products, which went from US $ 480.6 million to US $ 437.9 million, and manufactured goods, which fell 1.2% from US $ 287.1 million to US $ 283.7 million. On the other hand, in this period sales of semi-manufactured goods increased from US $ 104.2 million to US $ 110.8 million (+ 6.3%).

Imports

In imports, the daily average until the third week of August 2019 was US $ 730.7 million, 10.5% below the August 2018 average, which reached US $ 816.4 million. In this comparison, expenses were mainly reduced with copper and its works (-49.8%), fuels and lubricants (-35.5%), motor vehicles and parts (-28.9%), fertilizers and fertilizers. (-16.7%) and cereals and products from the milling industry (-14.1%).

Compared to July 2019, there was a decrease of 5.4%, due to the decrease in aircraft and parts (-51.2%), copper and its works (-42.9%), fuels and lubricants (-32.9%). ), pharmaceuticals (-18.6%) and plastics and works (-8.6%).