YTD trade balance surplus up 24.2% YoY, reaching US$ 58.83 bi
Dec, 13, 2021 Posted by Ruth HollardWeek 202148
The trade balance in the second week of December reached a surplus of US$ 58.83 billion in the accumulated result for the year, with an increase of 24.2% in the daily average compared to the period from January to December 2020. The trade flow (sum of exports and imports) reached US$ 472.42 billion, with growth of 36.6%.
Exports in 2021 already total US$ 265.63 billion, an increase of 35.1%, while imports rose 38.5% and total US$ 206.79 billion. The data were released this Monday (13/12) by the Foreign Trade Secretariat (Secex) of the Ministry of Economy.
In November, exports grew 43% and totaled US$ 9.60 billion, while imports rose 36.6% and totaled US$ 7.82 billion. As a result, the November trade balance registered a surplus of US$ 1.77 billion, up 80.5%, and the trade flow reached US$ 17.42 billion, up 40.1%.
In the second week of December alone, exports totaled US$ 5.51 billion, while imports totaled US$ 4.858 billion. Thus, the balance of trade registered a surplus of US$ 652 million and the trade flow reached US$ 10.368 billion.
Exports in the month
In exports, comparing the daily average up to the second week of this month (US$ 1.199 billion) with that of December 2020 (US$ 838.71 million), there was a 43% growth due to the increase in sales in the extractive industry (+ 39.4%), manufacturing industry (+42.6%), and agricultural industry (+52.9%).
Imports in the month
In imports, the daily average until the second week of December 2021 (US$ 977.94 million) was 36.6% above the average of December last year (US$ 715.84 million). In this comparison, purchases increased from the manufacturing industry (+29.2%), agricultural industry (+22.9%), and extractive industry (+204.8%).
-
Grains
Jul, 20, 2021
0
New Argentine biodiesel law will impact global soy oil prices
-
Other Logistics
Aug, 19, 2021
0
Railways: Brazil’s network is short and there is a lack of money, according to experts
-
Automotive
Nov, 09, 2023
0
Rising imports halt Brazil’s auto production; exports up 14%
-
Ports and Terminals
Mar, 15, 2024
0
Project for STS10 container terminal to be unveiled by end of the year