São Paulo – Brazilian export revenues stood at US$ 6.116 billion from November 1st to 10th, a period with six business days, according to figures released this Monday (11th) by the Brazilian Ministry of Development, Industry and Foreign Trade. Imports, in turn, stood at US$ 5.2 billion, resulting in a trade surplus of US$ 916 billion.
Based on daily average figures, exports were down 0.4% month-to-date in November compared with the same period last year. Exports declined for manufactured and semi-manufactured goods, especially fuel oils, ethanol, pumps and compressors, auto parts, tractors, orange juice, semi-manufactured iron and steel products, synthetic rubber, wood pulp, ferroalloys and crude sugar. Exports increased for basic goods such as soy, tobacco, copper ore, crude oil, soya bran, poultry and beef, and iron ore. Sales were up 2.7% in November from October.
Imports were down 16.1% from the daily average for November 2012. Imports declined for fuels and lubricants, fertilizers, rubber and rubber works, automobiles and auto parts, and mechanical equipment. The average was down 13.5% from October.
Year-to-date, Brazil is running a trade deficit of US$ 913 million, as a result of US$ 206.587 billion in exports and US$ 207.5 billion in imports.
*Translated by Gabriel Pomerancblum
