Trade balance records a surplus of US$ 58.47 billion YTD, up 32.5%

The Brazilian trade balance registered a surplus of US$ 58.47 billion in the accumulated result for the year, up to the first week of November, an increase of 32.5% YoY. The trade flow (sum of exports and imports) reached US$ 421.59 billion in the period, an increase of 36.5%.

The current trade flows reflect the result of exports, which add up to US$ 240.03 billion, up 36%, and imports, which increased 37.2%, reaching US$ 181.56 billion. The data were released this Monday (Nov. 8) by SECEX, the foreign trade secretariat of the Ministry of Economy.

Exports began the month up 62.5%, reaching US$ 4.23 billion in the first week, while imports totaled US$ 4.26 billion, up 91.1%. As a result, the trade balance was negative by US$ 30 million, with a trade flow of US$ 8.49 billion, up 75.7%.

Exports

In exports, comparing the daily average up to the first week of this month (US$ 1.409 billion) with that of November 2020 (US$ 867.25 million), there was a growth of 62.5%, with higher sales in agriculture (98 .5%) and in manufacturing industry products (89.7%). In the extractive industry, there was a decrease (-23.8%).

Imports

In imports, the daily average up until the first week of November 2021 (US$ 1.419 billion) was 91.1% above the average of September last year (US$ 742.83 million). In this comparison, there was an increase in imports of products from the extractive (+515.3%), manufacturing (+75.6%), and agriculture (+95.7%) sectors.

Sharing is caring!