Brazil Starts August with US$ 904 Million Foreign Trade Surplus

Brazil exported the equivalent to US$ 2.333 billion in the first week of August and imported US$ 1.429 billion, which resulted in a surplus of US$ 904 million favorable to the country.

The information was released yesterday, August 8, by Brazil’s Ministry of Development, Industry and Foreign Trade.


The exports daily average last week was of US$ 466.7 million, an increase in 13.4% in comparison to the average in August last year.


The increase was sustained by shipments of manufactured and basic products, since there was a reduction in 14.1% in the semi manufactured products sales average.


In the case of manufactured products, the goods that influenced the performance the most were vehicles, refined sugar, petrol, fuel oil, auto parts, motors for vehicles, shoes, transmitting and receiving devices. In relation to the basic products, the highlights were crude oil, soy chaff, poultry, beef and tobacco in leaves.


In comparison to July this year, there was a reduction in 11.4% in the exports daily average. There was drop in shipments in three categories of products.


The imports daily average, on the other hand, was of US$ 285.8 million, an increase in 11.8% in relation to August last year, influenced mainly by the purchases of optics and precision instruments, vehicles and pieces, steelworks, electro-electronic equipment; mechanical equipment, chemical and plastic products. In relation to July 2005, there was a drop in 0.8% in the imports average.


For the year’s accumulated value, Brazilian exports have already yielded US$ 67.071 billion and imports added up to US$ 41.489 billion, resulting in a surplus favorable to Brazil of US$ 25.582 billion.


Anba – www.anba.com.br

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