Agência Brasil*
Brasília – The Brazilian balance of trade has reached a surplus of US$ 736 million in the month of November, with imports at US$ 3.505 billion and exports at US$ 4.241 bilhões. According to data supplied by the Brazilian Ministry of Development, Industry and Foreign Trade, in the second week of the month, with five business days, the surplus stood at US$ 467 million, as a result of imports at US$ 2.860 billion and exports at US$ 3.327 billion.
In the accumulated result for the year, until November 11th, the trade balance surplus stood at US$ 35.112 billion, a reduction of 11% compared with the same period of last year (US$ 39.430 billion).
During the period, imports (US$ 101.497 billion) grew more than exports (US$ 136.609 billion), or 28.9% and 15.6%, respectively, in comparison with 2006.
Financial market analysts heard by the Brazilian Central Bank estimate that the total trade balance surplus this year should be US$ 40.79 billion.
*Translated by Gabriel Pomerancblum