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Trade balance records best July in history

Foreign trade

In the accumulated of the year, result is also record and adds US $ 42.5 billion

The Brazilian trade balance was positive at US $ 6.298 billion in July, the best for the period since the beginning of the historical series. According to data from the Ministry of Industry, Foreign Trade and Services, the result is 37.6% higher than in July of last year.

With Brazilian products increasingly competitive in the international market, exports stood at US $ 18.769 billion in the month, while imports totaled US $ 12.471 billion.

From January to July, the Brazilian trade balance showed a surplus (exports greater than imports) of US $ 42.514 billion, 50.6% higher than the same period of 2016. The trade balance is expected to be positive at US $ 60 Billion this year.

In the month, the three branches of exported products showed sales growth. Basic items rose 19% to $ 8.361 billion; Semimanufactured goods grew 8.7% to US $ 2.608 billion; And manufactured goods increased 12.6% to US $ 7.386 billion.

Top selling products

In relation to the export of basic products, there was an increase in revenue from corn (93.7%), copper (+ 88.2%), crude oil (+ 72%), beef +38, Iron ore (+ 18.2%), pork (+ 10%), chicken meat (+ 8.1%), leaf smoke (+ 7.1%) and soybeans 4.6%).

Among the semimanufactured products, the largest increases were in sales of crude soybean oil (+ 94.4%), semimanufactured iron / steel (+ 60.1%), cast iron (+ 26.6%), (+ 25.1%), semimanufactured gold (+ 23.2%), cellulose (+ 10%) and ferro-alloys (+ 1.1%).

In the manufacturing group, there was growth mainly in fuel oils (+ 273.3%), tractors (+ 91.7%), earthmoving machinery (+ 83.4%), passenger cars Chassis with engine (+ 49.9%), freight vehicles (+ 45.4%), auto parts (+ 32.8%), aircraft (+ 20.7%), Aluminum oxides and hydroxides (+ 11.4%) and engines for vehicles and parts (+ 9.3%).

Source: Portal Brasil, with information from the Ministry of Industry, Foreign Trade and Services andCentral Bank