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14/08/2017 - 17:18hs

Brazil registers USD 873 million trade surplus

August’s second week registers USD 3.913 billion in exports and USD 3.04 billion in imports, according to the Ministry of Industry, Foreign Trade and Services (MDIC).

São Paulo – Brazil ended August’s second week with a trade surplus of USD 873 million, according to information made public by the Ministry of Industry, Foreign Trade and Services (MDIC) this Monday (14).

Exports reached USD 3.913 billion last week, while imports totaled USD 3.040 billion. In the month, foreign sales reached USD 6.936 billion, while foreign purchases totaled USD 5.717 billion, generating a surplus of USD 1.219 billion.

As daily average, shipments in August’s second week totaled USD 782.7 million, up 3.6% against the month’s first week. According to the MDIC, there was an increase in exports of basic goods, such as soy beans, crude oil, tobacco and beef; and of finished goods, especially passenger cars, flexible iron and steel pipes and cargo vehicles.

On the other hand, semi-finished products exports dropped, impacted especially by wood pulp, raw sugar and wood in chips.

Imports declined 9.1% as daily average in August’s second week in comparison to the previous period, totaling USD 608 million. The ministry highlighted the decrease in imports of pharmaceutical products, fuels and lubricants, organic and inorganic fertilizers, optical and precision instruments and electronics.

Year-to-date, Brazilian exports totaled USD 133.4 billion, while imports totaled USD 89.678 billion. The resulting USD 43.73 billion surplus is a record for the period.

*Translated by Sérgio Kakitani

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