Trade balance surpluses US$ 444 million in 2nd week of October

Posted by Marina

The Brazilian trade balance registered a surplus of US $ 444 million and a trade current of US $ 8.043 billion in the second week of October 2019, resulting from exports of US $ 4.244 billion and imports of US $ 3.799 billion. The data were released on Monday (14) by the Special Secretariat of Foreign Trade and International Affairs of the Ministry of Economy (Secint / ME).

In the month, exports total US $ 7.552 billion, and imports, US $ 6.781 billion, with a positive balance of US $ 770 million and trade current of US $ 14.333 billion. In the year, exports totaled US $ 174.757 billion and imports, US $ 140.370 billion, with a positive balance of US $ 34.388 billion and trade current of US $ 315.127 billion.

Second week exports averaged $ 848.7 million, up 2.6% from the first week average of $ 827 million, as a result of higher exports of manufactured goods (+ 20.4%) from $ 253.1 million to $ 304.7 million due to gasoline, earthmoving machinery, ethanol , fuel oils and passenger cars; and basic (+ 1.1%), from US $ 441.7 million to US $ 446.7 million, due to iron ore, copper ore, crude oil, beef and manganese ore.

On the other hand, sales of semi-finished products (-26.3%) decreased from US $ 132.2 million to US $ 97.4 million due to semi-manufactured iron / steel, semi-manufactured gold, ferroalloys. , cast iron and copper cathodes. On the import side, there was growth of 1.9% over the same comparative period - second week average of US $ 759.9 million over the first week average of US $ 745.5 million. According to Secint / ME's Foreign Trade Secretariat (Secex), the increase is mainly explained by the increase in expenses with fuels and lubricants, cereals and products of the milling industry, copper and its works, plastics and works, paper and works. .

Month Review

Exports, compared to the averages up to the second week of October this year (US $ 839.1 million) and October 2018 (US $ 995.3 million), fell by 15.7% due to the decrease in sales of the three product categories: manufactured goods (-18.3%), from $ 344.8 million to $ 281.7 million; (-13.6%), from US $ 514.5 million to US $ 444.5 million; and semimanufactured goods (-13.4%), from US $ 130.3 million to US $ 112.9 million.

Compared to September 2019, there was a decrease of 6%, due to the decrease in sales of manufactured products (-17.9%), from US $ 343.3 million to US $ 281.7 million; and basic (-1.2%), from US $ 449.8 million to US $ 444.5 million. Already sales of semi-manufactured products rose 13.8%, from $ 99.2 million to $ 112.9 million.

In imports, the daily average until the second week of October (US $ 753.5 million) was 2.9% above the October average of last year (US $ 732.1 million). In this comparison, expenses increased mainly with aircraft and parts (+ 42.1%), steel (+ 28.2%), mechanical equipment (+ 21.6%), electro-electronic equipment (+ 8.8%), plastics and articles (+ 4.2%).

Compared to September 2019, there was a 4.1% drop in imports, due to the decrease in pharmaceuticals (-33%), fertilizers (-13.9%), filaments and synthetic / artificial fibers (-9.4%). ), fuels and lubricants (-5.2%), organic and inorganic chemicals (-3.3%).


 
Source: DATAGRO