São Paulo – Brazil saw a USD 277 million trade deficit in the second week of August, the Brazilian Ministry of Industry, Foreign Trade and Services reported this Monday (13). Exports came out to USD 3.4 billion and imports amounted to USD 3.7 billion during the week.
In the first two weeks of the month combined, Brazil ran a USD million surplus from USD 5.81 billion in exports and USD 5.77 billion in imports. Year-to-date through the second week of August, USD 142.2 billion in exports and USD 108.1 billion in imports led to a USD 34 billion trade surplus.
Average daily exports were down 12.8% in the second from the first week of this month, to USD 688.8 million, with weaker sales of wood pulp, raw sugar, semi-finished gold, leather, oil, meats, coffee, tobacco, ethanol, engines, piping, aircraft turbines etc.
Translated by Gabriel Pomerancblum
