Trade balance of US $ 28.2 billion record surplus through July – Globo.com

The sum of exports between January and July was $ 28.23 billion higher than the value of imports in the same period, resulting therefore in a surplus trade balance, said on Monday (1) the Ministry of industry, Foreign and Services Trade (MDIC).

This is the best result for the first seven months of a year since the start of the series of the Ministry of industry in 1989, ie 28 years. Until then, the highest balance for this period was recorded in 2006: surplus of $ 25.19 billion

The positive balance in the first seven months of this year is also higher than the surplus recorded in. all last year (US $ 19.69 billion). From January to July 2015, exports exceeded imports by US $ 4.61 billion.

The improvement in the trade balance occurs mainly due to the strong decline in imports. This is a result of the downturn in the economy and also the still relatively high dollar, which increases the exterior of the product purchases. On the other hand, the appreciation of the dollar makes them cheaper Brazilian products, which facilitates exports.

In the partial 2016, exports totaled US $ 106.58 billion, with a daily average of US $ 735 million (down 5.6% over the same period last year). Imports, in turn, totaled US $ 78.35 billion, or $ 540 million per business day, down 27.6% over the same period of 2015.

Trade Balance – January to July

Sum of 7/1 months of the year in US $ billion

Source: Min. of Industry, Foreign Trade and Services

dollar fall
Asked by journalists, the director of the Department of statistics and Export Support of the Ministry of Industry, Trade and Services, Herlon Brandão said he did not see reason to believe that the recent drop dollar go compromising the government forecast a trade surplus of US $ 45 billion $ 50 billion for this year.

“exports are contracted earlier. The exchange influences [the balance of trade], but domestic and foreign demand are more decisive, “said Brandão.

He noted that in the first seven months of last year, the average dollar was US $ 3 and that in the same period this year was US $ 3.65. “We believe the average exchange rate in 2016 will be above even last year,” he added.

Month of July
Only in July this year, also according to Ministry data for Industry, Foreign Trade and Services, the trade balance registered a US $ 4.57 billion surplus. In the same month last year, the surplus was $ 2.38 billion.

It was the best result for the month of July since 2006 when there was a surplus of $ 5.65 billion. Thus, it was the largest trade surplus for this month in ten years.

In July, exports totaled US $ 16.33 billion, with a daily average of US $ 777 million, down 3.5 % over the same month of 2015. imports, in turn, totaled US $ 11.75 billion, 20.3% lower than in July last year.

Estimates for 2016
the expectations of the financial market for this year is to improve the trade balance, according to research conducted by the Central Bank with over 100 financial institutions last week. Even the BC also provides improvement in the trade balance.

The forecast of analysts of banks is a $ 51 billion surplus in trade of the country foreign transactions in 2016. The Development Ministry estimates a balance positive between $ 45 billion and $ 50 billion.

But the Central Bank foresees a trade surplus of US $ 50 billion in 2016, with exports at US $ 190 billion and imports at US value $ 140 billion.