São Paulo – The Brazilian balance of trade returned to a surplus last week, after having shown a deficit from November 1st to 19th. Exports reached US$ 4.34 billion and imports reached US$ 3.912 billion, resulting in a US$ 428 million surplus, according to information released this Monday (26th) by the Brazilian Ministry of Development, Industry and Foreign Trade.
Month-to-date in November, exports stood at US$ 15.812 billion, at a daily average of US$ 1.054 billion, down 3.2% from November 2011. The daily average, however, was up 6.6% from October.
Month-to-date, imports have reached US$ 15.445 billion, i.e. US$ 1.029 billion on average per working day, down 2.9% from November last year. The average is up 12.7% from October 2012. The trade surplus is at US$ 367 million thus far in November.
*Translated by Gabriel Pomerancblum
