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Trade balance record surplus from January to October

In the year, exports exceeded imports by $ 38.5 billion. It was the biggest positive balance since the beginning of the series in 1989

In the first ten months of 2016, Brazilian exports totaled US $ 153.088 billion and imports, US $ 114.561 billion. The result was a $ 38.5 billion record surplus, the highest for the period since the start of the series in 1989. In 2015, from January to October, the surplus was US $ 12.248 billion, more three times less. The data were disclosed today by the Foreign Trade Secretariat (Secex) of the Ministry of Industry, Foreign Trade and Services (MDIC). Despite the record balance, compared to the same period of 2015, exports from January to October, the daily average recorded a decrease of 5.1%, and imports were 23.1% lower.

Director of Statistics and Support Exports of Secex, Herlon Brandão, said the ministry maintains the estimated trade surplus of $ 45 billion and $ 50 billion for the year. "We had a month of atypical October, with exports and imports showing highest falls in recent months, but the trade balance keeps the upward trend," he said.

October

In the month, Brazilian exports reached US $ 13.721 billion. On October 2015, there was a decrease of 10.2%, and 8.8% compared to September 2016, the daily average. Imports in October totaled US $ 11.375 billion. Over the same period last year was recorded a decrease of 15%, and 0.4% on September 2016, the daily average. The trade balance in October recorded a surplus of US $ 2.346 billion, 17.5% more than in the same period of 2015, US $ 1.996 billion.On October of the previous year, decreased basic exports (-18.6%), manufactured goods (-4%) and semi-manufactured goods (-0.4%).

According to the director Herlon Brandão, the daily average of both exports (US $ 666.1 million) and imports (US $ 568.8 million) it is the smallest for the month of October since 2006. Asked about the real appreciation of the effect on Brazilian exports, Brandão explained that the exchange rate impact, but the MDIC analyzes still "did not notice that the dollar is responsible for the performance of exports and imports in the month."

In the group of basic, compared to October 2015, decreased sales mainly to US $ 277 million), raw cotton (-27.7%), beef (-16.6%) and copper ore ( -13.1%). In the group of manufactured products, when compared to October 2015, sales receded mainly of flexible pipes of iron and steel (-54.9%), flat rolled products (-41.5%), motor vehicle and parts (-18, 8%), aluminum oxides and hydroxides (-17.9%) and parts (-12.7%). Among semi-manufactured goods, in the same comparison, they fell sales mainly of cast iron (-27.9%) and paper (-18.2%). On the other hand, there was growth of raw aluminum sales (+ 36.4%), raw sugar (+ 27.2%), iron and steel semi-manufactured goods (+ 8.4%), hides and skins (+7 %).

For buyers markets, decreased sales to the following destinations: Africa (-18%), Central America and the Caribbean (-16.8%), Asia (-17.1%), European Union (-6.8%), United States (-6.7%) and Mercosur (-3%, and Argentina increased 3.6% due to cargo vehicles, machines for earthworks, shoes, machinery for agriculture, manganese ore, insecticides, soybeans grain, pneumatic, heterocyclic compounds, raw zinc, pork, machines w / load-lifting, power). Also recorded growth of exports to Oceania (+ 48.9%), the month, the five main buyers of Brazilian products were were China (US $ 2.619 billion), United States (US $ 1.769 billion), Argentina (US $ 1.059 billion), the Netherlands (US $ 731 million) and Germany ($ 407 million).

Although there was a decrease of 13.9% in volume ratio, which I of the volumes shipped in the month of October there was an increase of 4.2% price index. Brandão assessed that products such as soybeans (8.7%), iron ore (11.3%), crude oil (8.6%), beef in natura (3.5%) and coffee beans ( 13.6%) were some of those responsible for high prices in the month. "Unlike what was happening, an increase in the price index of some important products for Brazilian exports," he said.

In October, in relation to imports, decreased purchases of fuels and lubricants (-52.8%), capital goods (-19.9%), consumer goods (-13.3%) and intermediate goods (-4 ,1%).

With respect to capital goods, there was a decrease in imports of: industrial transportation and capital goods equipment. In the group of fuels and lubricants, the reduction was mainly due to decrease in oil prices in crude, coal, natural gas. In the segment of consumer goods, the main decreases were observed in durable consumer goods imports (cars, coffee makers, stents, prosthetic vascular arteries, intraocular lenses); and semi-durable and non-durable (fungicides, human antibody, drugs, deodorants, clothing, plastic objects, sporting goods, fish fillets). In the intermediate goods segment decreased purchases of complex industrial inputs (potassium chlorides, insecticides, naphtha p / petrochemical, copper n / refined, urea, heterocyclic compounds, superphosphate).

By supplying markets in comparison October 2016/2015, fell originating purchases from major markets: Middle East (-69.7%), Africa (-60.5%), Oceania (-40.2%), Central America and Caribbean (-23.9) and European Union (-7.2%), United States (-7%) and Asia (-5%) and Mercosur (-0.9%). In October, the main Brazilian suppliers were China (US $ 2.120 billion), United States (US $ 1.964 billion), Germany (US $ 722 million), Argentina (US $ 719 million) and Japan (US $ 372 million).

The year

From January to October 2016, there was a decrease in exports of basic products (-10%) and manufacturing (-1.6%), while increased sales of semi-manufactured goods (+ 3.5%). Among the basic, there was a decrease of revenue: crude oil (20%), coffee in grain (-19.1%), iron ore (-14%), tobacco leaves (-12.1%), and copper ore (-11.9%), among others. In the group of manufactured occurred retraction mainly in: auto parts (-23.2%), flat rolled products (-21.9%), motor vehicle and parts (-19.6%), electric motors and generators (-18, 5%), aluminum oxides and hydroxides (-16%).Within the semi, the largest increases occurred in retail sales of raw sugar (+ 39.8%), gold semimanufaturada form (+ 31.1%) and lumber (+ 13.8%).

For buyers markets, sales fell to major destinations in Central America and the Caribbean (-23.8%), Mercosur (-10.7%), Africa (-8.7%), United States (-7.3% ), Asia (-4.4%) and European Union (-2.4%). On the other hand, grew sales for Oceania (+ 14.7%) and Middle East (+ 0.8%). During the period, the main destinations for Brazilian exports were China (US $ 32.6 billion), United States (US $ 18.8 billion), Argentina (US $ 11.0 billion), the Netherlands (US $ 8, 6 billion) and Germany (US $ 4.0 billion).

For imports in the first ten months of 2016 compared to the same period last year, there was a decrease in purchases of fuels and lubricants (-44.7%), consumer goods (-23.5%), goods capital (-21.9%) and intermediate goods (-18.7%).The main buyers of Brazilian products in 2016 were the United States (US $ 19.7 billion), China (US $ 19.6 billion), Germany (US $ 7.7 billion), Argentina (US $ 7.3 billion) and South Korea ($ 4.8 billion).