São Paulo – Brazilian exports reached US$ 5.36 billion last week, or US$ 1.072 billion on average per working day, up 1.2% compared with the daily average in June 2011, according to figures issued this Monday (9th) by the Brazilian Ministry of Development, Industry and Foreign Trade. There was an increase in sales of basic and semi-manufactured products, whereas sales of manufactured goods saw a decline.
Compared with June this year, exports were up 10.8%, and sales increased across all three product groups.
Imports reached US$ 4.737 billion, or US$ 947.4 million on average per working day, up 4.1% from July 2011. Sales increased for fuels and lubricants, autos and auto parts, pharmaceutical products, and copper items. Imports were up 2.2% from June this year, driven by the same products as above plus plastics.
The Brazilian trade balance posted a US$ 623 million surplus in the first week of July, at a daily average of US$ 124.6 million, down 16.6% from July 2011 and up 209.2% from June this year.
*Translated by Gabriel Pomerancblum