Economy

Trade balance registers a surplus of US$ 6.94 bi up to 4th week of July

Jul, 26, 2021 Posted by Ruth Hollard

Week 202130

The Brazilian trade balance registered a surplus of US$ 6.94 billion up to the fourth week of July, a growth of 23.5% compared to July 2020, based on the daily average. Exports grew 42.7% and totaled US$ 20.47 billion, while imports rose 55% and totaled US$ 13.53 billion. Thus, the trade flow (sum of exports and imports) increased 47.3%, reaching US$ 34.01 billion in the period. The data were released this Monday (July 26) by the Foreign Trade Secretariat (SECEX) of the Ministry of Economy.

In the accumulated result for 2021, compared to the same period in 2020, the trade balance surplus reached US$ 43.67 billion, a growth of 52.3%, and the trade flow rose 33.4%, reaching US$ 269 .05 billion. Exports in 2021 grew 35.8% and totaled US$ 156.36 billion. Imports, on the other hand, rose 30.3% and totaled US$ 112.69 billion.

Monthly Exports

Up until the fourth week of July, exports grew in the three sectors. The increase was 13.5% in agriculture, which totaled US$ 3.97 billion; 68.9% in the extractive industry, which reached US$ 5.87 billion; and 43.9% in the manufacturing industry, which totaled US$ 10.56 billion.

Monthly Imports

The general increase in imports reflected the 50.3% growth in purchases from the agriculture sector, which totaled US$ 0.36 billion; 75.8% from the extractive industry, with US$ 599.74 million; and 54.7% from the manufacturing industry, which reached US$ 12.43 billion.

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