From the Newsroom*
São Paulo – Brazil exported US$ 1.322 billion worth of commodities in the first two business days of February 2007. Exports, on the other hand, amounted to US$ 773 million, resulting in a trade balance surplus of US$ 549 million. The data were disclosed today (05) by the Brazilian Ministry of Development, Industry and Foreign Trade.
The daily average of exports was US$ 661 million in those two days, 36% more than the average for February last year. The average of imports was US$ 386.5 million, 16.9% more than in February 2006.
There was a significant increase in exports of semi-manufactured goods, such as iron and steel, raw sugar, leather and skins; basic items such as grain corn, tobacco leaves and bovine meat; and manufactured goods, such as frozen orange juice, ethanol and cargo vehicles.
Regarding imports, there was an increase in trade of pharmaceuticals, cereals and milling products, fertilizers, and fuels and lubricants, still according to information provided by the Ministry.
In 2006, exports amounted to US$ 12.285 billion, and imports, to US$ 9.243 billion, resulting in a US$ 3.042 billion trade balance surplus.
*Translated by Gabriel Pomerancblum
