São Paulo – Brazilian posted US$ 4.003 billion in export revenues in the third week of October, averaging at US$ 800.5 million per day. The sum is down 34.1% from US$ 1.215 billion in the second week of the month, according to results released this Monday (21st) by the Brazilian Ministry of Development, Industry and Foreign Trade.
According to the ministry, last week Brazil posted a US$ 1.568 billion trade deficit, seeing as imports stood at US$ 5.571 billion during the week, averaging at US$ 1.114 billion a day, up 19.9% from the second week of the month. In the first two weeks of October, the Brazilian trade balance posted a US$ 1.003 billion surplus, but year-to-date there is a US$ 605 million deficit.
Ministry figures show that manufactured goods exports were down 44.7% last week. semi-manufactured goods were down 40.3%, and basic goods were down 21.4%.
Manufactured goods whose exports declined the most include oil and gas rigs, aircraft, refined sugar, auto parts, passenger cars, engines and electrical generators, and cargo vehicles. Semi-manufactured goods whose exports dropped the most were raw sugar, wood pulp, semi-manufactured steel and iron, hides and skins, semi-manufactured gold and cast iron. Basic goods whose exports were down the most were oil, iron ore, beef, soya bean, maize, copper ore and tobacco leaves.
*Translated by Gabriel Pomerancblum
