São Paulo – Brazil ran a trade surplus in first three days of February, with exports exceeding imports by USD 212 million. Brazil exported USD 2.26 billion worth of goods and purchased USD 2.052 billion.
The average daily figures for both exports and imports went up. Foreign sales averaged USD 754.5 million a day, up 7.4% from USD 702.3 million last month. Revenues went up for exports of basic, semi-finished and finished goods increased.
Basic goods exports climbed 10% on the back of copper ore, pork and poultry, crude oil and iron ore. Semi-finished goods exports were up 1.3% driven by cast iron, semi-finished iron and steel products, semi-finished gold, leathers and hides, and ferroalloys.
Finished goods exports increased by 8.9%, with higher sales of fuel oils, hydrocarbons, halogen-based products, taps and valves, aluminum oxides and hydroxides and cargo vehicles.
Average daily imports saw an even wider increase than exports, at 26.2% over February 2016, going from USD 542.2 million to USD 684 million. Items whose imports increased the most were fuels and lubricants, cereals and milling industry products, customer electronics, autos and auto parts, plastic and plastic products, and iron and steel industry products.
*Translated by Gabriel Pomerancblum
