São Paulo – In the first two weeks of June, Brazilian exports stood at US$ 5.011 billion. During the period, which comprised five working days, daily average exports reached US$ 1 billion. The daily average figure is 5% lower than that of May, when the average was US$ 1.055 billion.
Compared with June 2011, daily average exports were down 11.2%. The sharpest decline was seen in exports of manufactured goods, which were down 19.3%, especially automobiles, cargo vehicles, refined sugar, orange juice, ethanol and tractors.
Imports reached US$ 5.336 billion (daily average of US$ 1.067 billion). As a result, the trade balance posted a US$ 325 million deficit. Imports are up 16.4% compared with the average of June 2011, driven mostly by imports of fuels and lubricants.
Year-to-date, Brazilian have exports reached US$ 102.87 billion, and imports have reached US$ 96.93 billion. From January until the second week of June, the trade balance is running a US$ 5.941 billion surplus, 42.8% lower than in the same period of 2011, when the surplus stood at US$ 10.488 billion.
*Translated by Gabriel Pomerancblum
