For First Time Ever Brazil’s Exports Surpass US$ 250 Billion

Port of Santos, in São Paulo, Brazil Brazilian exports exceeded for the first time, the mark of US$ 250 billion this year, according to figures released today, December 26, by the Ministry of Development, Industry and Foreign Trade. The record volume of US$ 250.3 billion recorded between January and the fourth week of December is 24% higher than in the past year, which had been 201.9 billion.

The surplus registered in the Brazilian trade balance between December 19th and 25th reached US$ 740 million. In the period, exports totaled US$ 5.286 billion and imports, US$ 4.546 billion. Bilateral trade (added exports and imports) reached US$ 9.832 billion.

According to the Ministry, in the 17 working days of the month (from December 1st to 23rd, Brazil shipped US$ 16.241 billion in products abroad, with a daily average of US$ 965.9 million. In comparison with the same period in 2010, when the country shipped abroad US$ 909.5 million in products each working day, the growth was 6.2%.

The daily import average this month is also greater than in the same period in 2010. Brazil purchased US$ 15.551 billion, or US$ 914.8 million a day. The growth registered by the Ministry was 35.1% over the US$ 677.1 million imported daily by Brazil in December 2010.

Imports and exports grew this year (with figures up to December 23rd) in comparison with the same period in 2010. However, they dropped in comparison with November 2011, when daily exports had totaled US$ 1.088 billion and imports, US$ 1.059 billion. The reductions identified were 11.3% and 13.7%, respectively, in comparison with November.

In the accumulated result for December, the trade balance favorable for Brazil was US$ 870 million. This year, the result is also positive. Exports have already reached US$ 250.333 billion, (with a daily average of US$ 1.017 billion) representing growth of 43.1% over the same period in 2010.

Imports also rose and reached a high of 24.7%, with a daily average of US$ 908.5 million imported per day. In the accumulated result for the year, the total is US$ 223.489 billion.

ABr

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