Brasília – In July, the month of school holidays, expenditures by Brazilians in foreign countries totalled US$ 1.104 billion up until today (28). Disbursements by foreigners in Brazil reached US$ 393 million. In the face of these two results, the balance of trips is running a deficit of US$ 711 million, according to preliminary figures supplied by the Central Bank of Brazil. The dollar, which is depreciated against the Brazilian currency, favours foreign trips.
In June, the balance of trips (expenditures by Brazilians abroad, minus expenditures by foreigners in Brazil) remained negative at US$ 621 million. Revenues totalled US$ 426 million, and expenditures, US$ 1.047 billion.
In the first half of the year, the balance of trips remained negative at US$ 2.635 billion. Revenues totalled US$ 2.899 billion, and expenditures, US$ 5.534 billion.
In the accumulated result for the 12-month period ending last June, the deficit in the balance of trips stood at US$ 4.833 billion. The results recorded in the six-month and twelve-month periods are the highest ever in the historical series initiated in 1947.
In the 12-month period, revenues from the balance of trips totalled US$ 5.416 billion, and expenditures by Brazilians in foreign countries totalled US$ 10.250 billion.
*Translated by Gabriel Pomerancblum
