Tuesday, August 2, 2016

July had the highest trade surplus in ten years – Brazil-Arab News Agency (ANBA)

Brazilian balance registered a US $ 4.578 billion surplus in the month. In the year, positive results reached US $ 28.23 billion, a record for the period

São Paulo. – The Brazilian trade balance registered a surplus of US $ 4.578 billion in July, the highest for the month since July 2006. the balance is the result of exports of US $ 16.331 billion and imports of US $ 11.752 billion, according to data released on Monday (01) by the Ministry of Industry, Foreign Trade and services (MDIC).

for the daily average foreign sales declined 3.5% compared to July last year. They fell 14.7% shipments of commodities, especially copper ore, coffee, iron ore, chicken, pork, soy, beef, corn, soybean meal and crude oil.

exports of semi-manufactured goods, however, rose 10.1% in the same comparison, especially for raw sugar, gold semimanufaturada form, cast iron, ferroalloys and lumber.

manufacturing sales advanced 7.3%, mainly due to platform for oil production, flexible iron or steel tubes, refined sugar, earthmoving machinery, ethanol, tires, tap and valves, vehicle loads, passenger cars and engines for vehicles and parts .

imports, meanwhile, fell 20.3% on July 2015 the daily average. They fell purchases of fuels and lubricants, consumer goods, capital goods and intermediate goods.

Remember the year

From January to July, the trade balance had a surplus of US $ 28.23 billion, the highest value for the period from the beginning of the series in 1989.

exports totaled US $ 106.583 billion, a decrease of 5.6% compared to the first seven months of 2015 the daily average. Imports totaled US $ 78.353 billion, a decrease of 27.6% in the same comparison.

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