Trade balance surplus of US $ 1.715 billion in the second week of April

Posted by Marina

The Brazilian trade balance registered a surplus of US $ 1.715 billion and total trade of US $ 5.944 billion in the second week of April 2020 - four days - as a result of exports worth US $ 3.829 billion and imports of US $ 2.115 billion. The data was released on Monday (13) by the Foreign Trade Secretariat (Secex) of the Ministry of Economy.

In the year, exports totaled US $ 56.076 billion and imports, US $ 48.004 billion, with a surplus of US $ 8.072 billion and total trade of US $ 104.079 billion.

Month Analysis

In exports, compared with average daily until the second week of April 2020 (US $ 936.41 million) to April 2019 (US $ 918.18 million), growth was 2.0%, due to increased in sales in Agriculture (+ 71.1%). On the other hand, sales fell in Extractive Industry (-12.5%) and engineering products processing (-17.2%).

The increase in exports was driven mainly by growth in the following agricultural products: soybeans (+ 86.3%); live animals, not included fish or crustaceans (+ 95.2%); raw cotton (19.1%); Not milled wheat and rye (+ 11431.4%) and Spices (+ 86.8%).

In imports, the average daily until the second week of April 2020 (US $ 577.9 million) was 11.0% below the April average last year (US $ 648.98 million). In this comparison, they fell spending, especially with Agriculture (-23.0%) and engineering products processing (-11.9%). Regarding the Extractive Industry was increased spending (12.3%).

The fall in imports was driven mainly by the decrease in expenses with the following products: Agricultural - Fish whole alive or dead refrigerated (-83.9%); Cocoa raw or roasted (-100.0%); Unmilled corn, except sweet corn (-68.0%); Fruits and non-oleaginous nuts, fresh or dried (-13.4%) and vegetables, fresh or chilled (-11.5%); Manufacturing Industry - Oils petroleum fuels or bituminous minerals - except brutos- oils (-30.9%); Parts and accessories of motor vehicles (-61.1%); Thermionic valves and tubes, cold cathode or photo-cathode, diodes, transistors (-35.3%); Motor vehicles for the transport of goods and special uses (-67.1%) vehicles and passenger cars (-56.5%).