Trade

In the second week of February, exports totaled US $ 3.847 billion and imports, US $ 2.891 billion

The Brazilian trade balance registered a surplus of US $ 956 million in the second week of February, according to data released by the Ministry of Industry, Foreign Trade and Services (MDIC) . The figure indicates the result of exports in the amount of US $ 3.847 billion and imports of US $ 2.891 billion.

The daily average of exports in the period reached US $ 769.4 million, 2% above the first week of the month (US $ 754.3 million). There was a 6.4% increase in external sales of basic products for soybeans, crude oil, soybean meal, wheat in grain and coffee beans. Exports of semimanufactured products fell by 4.4% mainly due to iron and steel semimanufactured products, cellulose, semimanufactured gold, cast iron and spiegel. Sales of manufactured goods fell by 2.6%, due to a decrease in sales of taps and valves, aluminum oxides and hydroxides, flat iron and steel products, hydrocarbons and ethanol.

In relation to imports, the daily average recorded in the second week of February decreased by 15.5% in relation to the first week. Expenditures on fuels and lubricants, electronic equipment, organic and inorganic chemicals and motor vehicles and parts fell.

Accumulated

In February, exports already totaled US $ 6.110 billion and imports, US $ 4.943 billion, with a positive balance of US $ 1.167 billion. Year-to-date shipments totaled US $ 21.022 billion (average of US $ 700.7 million), a 16.7% increase over the daily average, compared to the same period in 2016 (US $ 600.6 million) . Foreign purchases totaled US $ 17,129 billion (average of US $ 571 million), with growth of 9.4% in the daily average, in relation to the accumulated until the second week of February 2016 (US $ 521.8 million ). The accumulated surplus is US $ 3.892 billion.  

Source: Portal Brasil, with information from MDIC