![Balança comercial](https://www.datamarnews.com/wp-content/uploads/2019/12/Balança-comercial.jpg)
Brazil announces USD 10.59 billion surplus in June
Jul, 03, 2023 Posted by Gabriel MalheirosWeek 202326
The Ministry of Development, Industry, Commerce, and Services announced that the trade balance in June accumulated a surplus of US$ 10.59 billion.
When exports exceed imports, the result is a surplus, whereas a deficit is reported when the opposite occurs.
In June, exports totaled US$ 30.1 billion, while imports amounted to US$ 19.5 billion.
Brazil’s main trading partners last month were:
- Argentina: a surplus of US$ 1.04 billion
- USA: a surplus of US$ 0.20 billion
- China, Hong Kong, and Macau: a surplus of US$ 4.86 billion
- European Union: a surplus of US$ 0.45 billion
H1 in a nutshell
According to the Ministry of Development, Industry, Commerce, and Services, the trade balance in the first six months of this year showed a positive balance of US$ 45.5 billion, compared to a surplus of US$ 34.3 billion in the same period of 2022. This represents a 32.9% increase in the daily average.
Compared to the first half of 2022, exports to Asia, South America, and North America saw an increase.
Exports reached US$ 1.34 billion between January and June, the highest level in the track record that began in 2018. In the same period of 2022, the value was US$ 1.32 billion.
Agricultural products experienced a 7% growth in exports during the semester. The performance was driven mainly by soybeans, corn, live animals, rice, and seeds such as sunflower, sesame, canola, and cotton.
There was a 7.1% decrease in imports compared to the previous year. Brazil’s imports amounted to US$ 972.89 million, down from approximately US$ 1.05 billion in 2022.
Source: G1
To read the original news story, visit: https://g1.globo.com/economia/noticia/2023/07/03/balanca-comercial-tem-superavit-de-us-106-bilhoes-em-junho.ghtml
-
Tradelane Graphs
Mar, 04, 2020
0
DataLiner Tradelane Charts | January 2012 to December 2019 (TEU)
-
Shipping
Jan, 27, 2022
0
First autonomous container ship of the world is tested in Japan
-
Meat
Mar, 11, 2024
0
Pork export volume shows 24.4% uptick in February, says ABPA
-
Ports and Terminals
Apr, 11, 2024
0
Wilson Sons uses breakthrough technology in docking of three vessels at its shipyards in Guarujá