São Paulo – Brazilian exports reached US$ 7.29 billion in the first six working days of November, at a daily average of US$ 1.215 billion, up 11.6% from the daily average in November last year, according to figures released this Monday (12th) by the Brazilian Ministry of Development, Industry and Foreign Trade.
Sales of manufactured goods were up 30.8%, highlighting oil drilling rigs, aircraft, flat rolled steel, fuel oils, refined sugar, orange juice, medications and freight vehicles. Basic goods sales were up 5.5%, highlighting maize, meats, tobacco leaves, oil and cotton.
Semi-manufactured goods sales were down 9.4%, driven by a decline in sales of cast iron, semi-manufactured gold, semi-manufactured iron and steel, crude aluminium and crude soybean oil.
Daily average exports were up 22.8% from last month, according to the ministry. Sales of manufactured and basic goods were up, and sales of semi-manufactured goods were down.
Imports reached US$ 6.4 billion in the first six working days of November, at a daily average of US$ 1.066 billion, up 0.6% from the average for November 2011, and up 16.7% from October 2012.
November-on-November, there was an increase in imports of chemicals, fuels and lubricants, optical and precision instruments, plastics, cereals, and milling products. November-on-October, there was an increase in imports of fuels and lubricants, chemicals, fertilizers, motor vehicles and their parts, cereals, and milling products.
Year-to-date, Brazilian foreign trade remains bearish. Exports have reached US$ 209.65 billion, down 5.5% from the same period in 2011 based on daily average figures. Imports have reached US$ 191.388 million, down 2.1% using the same basis of comparison.
*Translated by Gabriel Pomerancblum
