Trade surplus reaches US $ 1.038 billion in December | Invest in Brazil

Sadia is one of the world’s leading producers of chilled and frozen foods. Established in Brazil in 194...
Cyrela Brazil Realty is the largest residential real estate developer in Brazil. Considered one of the m...
Today, Banco do Brasil is the largest financial institution in the Country with 24.4 million clients and ...
CPFL Energia is a holding company in Brazilian electricity sector, operating through its subsidiaries in ...
Copersucar S.A. is the largest Brazilian sugar, ethanol and bioenergy company and a significant player in...

Trade surplus reaches US $ 1.038 billion in December

Foreign trade

Exports this month, compared to the result of December 2016, grew 9.9%

In the first two weeks of December, the Brazilian trade balance had a surplus of US $ 1.038 billion, with exports of US $ 4.779 billion and imports of US $ 3.741 billion. The figures  were published on Monday (11) by the Ministry of Industry, Foreign Trade and Services.

In the year, exports reached US $ 204.929 billion and imports totaled US $ 141.888 billion, with a positive balance of US $ 63.041 billion.

In exports, compared to the second half of this month (US $ 796.4 million) compared to December 2016 (US $ 724.6 million), there was a growth of 9.9%. The reason was the increase in sales of semimanufactured products (14.9% due to iron and steel derivatives, wood chips or particles, ferro-alloys, copper cathodes, sawn or chipped wood, gold in semimanufactured forms), (9.2% for soybeans and corn in grains, copper ore, raw cotton, beef, leaf tobacco) and manufactured products (8.4% for aluminum oxides and hydroxides; gasoline, plastic polymers and ethanol).

In November 2017, the daily average also contracted by 4.5%, due to a drop in sales of basic products (-16.4%), while semimanufactured products (10%) and manufactured products (1.6%). In imports, the daily average up to the second week of this month (US $ 623.5 million) was 19% above the average of December last year (US $ 523.9 million).

In this comparison, expenditures increased mainly with organic and inorganic chemicals (35.4%), optics and precision instruments (34.8%), plastics and works (31.8%), motor vehicles and parts (31, 6%) and electrical and electronic equipment (27.7%). In comparison with November 2017, there was a decrease of 5.1%, due to the decrease in purchases of fuels and lubricants (-40.5%), copper and works (-25.2%), electrical and electronic equipment (-8.5% ), organic and inorganic chemicals (-8.5%) and motor vehicles and parts (-7.1%).

Source: Ministry of Industry, Foreign Trade and Services