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Brazil Trade balance registers US $ 1.747 billion surplus

The trade balance in the second week of May, with five working days, registered a surplus of US $ 1.747 billion, the result of exports of US $ 4.370 billion and imports of US $ 2.622 billion. In the month, exports totaled US $ 8.349 billion and imports, US $ 5.368 billion, with a surplus of US $ 2.980 billion. In the year, exports totaled US $ 64.290 billion and imports, US $ 48.066 billion, with a surplus of US $ 16.224 billion.

 

The average daily exports of the second week reached $ 873.9 million, 9.8% above the average of US $ 795.8 million in the first week due to the increase in manufactured exports (23.1%), rising US $ 261.4 million to $ 321.7 million, due mainly aircraft, passenger cars, hoses, iron / steel, aluminum oxides and hydroxides, cargo vehicles, earthmoving machinery, auto parts.

 

The export of commodities increased 1.1%, from US $ 393.8 million to $ 436.4 million for soybeans account in grain, crude oil, iron ore, chicken, coffee beans, raw cotton), while decreased sales of semi-manufactured goods (-19.0%), from $ 124.5 million to $ 100.9 million, due to semi- finished products of iron / steel, gold semimanufaturada form, iron -ligas, hides and skins, soybean oil).

 

On the import side, pointed to a drop of 4.5% over the same comparative period (daily average of the second week, US $ 524.5 million on average for the first week, US $ 549.2 million), mainly explained , the decrease in spending on consumer electronics devices, organic chemicals and inorganic chemicals, fertilizers, plastics and articles and pharmaceuticals.

 

Month

 

In exports, compared to average daily until the second week of May (US $ 834.9 million) with a daily average of May last year (US $ 838.5 million), there was a decrease of 0.4%, due to the falling commodities (-3.3%, from $ 429.5 million to US $ 415.1 million), due mainly to tobacco leaves, coffee beans, crude oil and copper ore.

 

On the other hand, increased exports of semi-manufactured products (13.2% from US $ 99.6 million to $ 112.7 million, the increase in gold semimanufaturada form, raw aluminum, copper cathodes, raw sugar , cellulose) and manufactured goods (0.4% from US $ 290.5 million to $ 291.6 million, due to flexible pipes of iron / steel, aircraft, orange juice, not frozen, automotive engine chassis, passenger cars, plastic polymers).

 

For April 2016, the growth was 8.6%, due to the increase in sales of the three product categories: semi-manufactured goods (22.8% from US $ 91.8 million to US $ 112.7 million), manufactured goods (7.3% from US $ 271.7 million to US $ 291.6 million) and basic (7.3% from US $ 387.0 million to US $ 415.1 million).

 

In imports, the average daily until the second week of May 2016, of $ 536.8 million, was 23.4% below the average May / 2015 (US $ 700.5 million). In this comparison, decreased spending, especially with steel (-34.3%), fuels and lubricants (-32.9%), machinery and equipment (-30.9%), pharmaceuticals (-28.5%), appliances electronics (-28.4%) and motor vehicles and parts (-27.3%). Compared to April this year, growth was 2.1%, the increase in organic and inorganic chemicals (28.4%), steel (19.6%), optical and precision instruments (13.5%), plastics and construction (7.9%) and fertilizers (6.4%).

 

Click here and access the complete data of the Brazilian trade balance in the second week of May 2016.