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Balance records US $ 552 million deficit in second week of September

Foreign trade

In the month, balance remains positive at US $ 932 million; year-to-date, the surplus is $ 32.475 billion

In the second week of September 2019, the Brazilian trade balance registered a deficit of US $ 552 million and a trade current of US $ 10,196 billion, resulting from exports of US $ 4,822 billion and imports of US $ 5,374 billion. The figures were released on Monday (16/9) by the Foreign Trade Secretariat (Secex), the Special Secretariat of Foreign Trade and International Affairs of the Ministry of Economy (Secint / ME).

In the month, exports totaled US $ 9.579 billion and imports, US $ 8.647 billion, with a positive balance of US $ 932 million and trade current of US $ 18.225 billion. In the year, exports totaled US $ 158.218 billion and imports, US $ 125.742 billion, with a positive balance of US $ 32.475 billion and trade current of US $ 283.960 billion.

Analysis of the Week

Second-week exports averaged $ 964.4 million, up 1.4% from the first-week average of $ 951.3 million, due to an 82.8% increase in exports of manufactured goods from $ 291.3 million to $ 532.5 million. The result was driven by sales of oil exploration platform, aluminum oxides and hydroxides, gasoline, cargo vehicles, coke and oil bitumen.

On the other hand, commodity sales decreased 34.8% from $ 539.5 million to $ 351.9 million due to iron ore, crude oil, corn grain, soybean grain, ore copper. Already the semimanufactured business fell 33.6%, from 120.6 million to $ 80.1 million, due to semi-manufactured iron / steel, cellulose, ferroalloys, hides and skins, copper cathodes.

On the import side, there was a 64.2% increase from the second week average of $ 1.075 billion compared to the first week average of $ 654.5 million. The result is mainly explained by the increase in expenses with oil exploration platform, fuels and lubricants, motor vehicles and parts, organic and inorganic chemicals, aircraft and parts, copper and works.

Month Review

In the comparison of averages up to the second week of September 2019 compared to September last year, exports dropped by 5.1%, from US $ 1.010 billion to US $ 957.9 million. The major reductions were in sales of semi -manufactured products (-31.3%), from $ 146.1 million to $ 100.3 million, and basic (-15.2%), from $ 525.8 million to $ 445.7 million. Manufactured goods sales increased 25.2% from $ 329.0 million to $ 411.9 million.

Compared to August 2019, there was growth of 12.4%, due to the 47.7% increase in sales of manufactured goods, from US $ 278.9 million to US $ 411.9 million. Commodity sales were down 4.9% from US $ 468.8 million to US $ 445.7 million and semi-manufactured sales decreased 4.2% from US $ 104.7 million to US $ 100.3 millions.

In imports, the daily average through the second week of September was $ 864.7 million, up 16.4% from last year's September average of $ 742.9 million. In this comparison, expenses increased mainly on oil, beverages and alcohol exploration platform (+ 42.9%), pharmaceuticals (+ 6.3%), plastics and works (+ 4.3%), filaments and fibers. synthetic (+ 3.1%). 

In relation to the last month of August, imports grew by 22.2%, due to the increase in the exploration platform of oil, cereals and products of the milling industry (+ 22.1%), fertilizers (+12.7%). %), plastics and works (+ 12.5%), pharmaceuticals (+ 12.3%) and electro-electronic equipment (+ 9.3%).