São Paulo – Brazilian exports fetched USD 2.932 billion last week, in four business days, while imports totaled USD 3.183 billion, which resulted in a trade balance deficit of USD 250 million after several straight weeks of surpluses. The data was released this Monday (19th) by the Ministry of Development, Industry and Foreign Trade (MDIC).
Exports daily average dropped 8.2% over the first two weeks of the month and 2.8% in comparison to October of last year. With imports, there was an increase of 22% over the previous two weeks and a decline of 17% in comparison to the same month of 2014.
According to the MDIC, last week, in comparison with October’s first two weeks, had an increase of imports of fuels and lubricants, mechanical equipment, electronics, organic and inorganic chemical products, auto and auto parts, and organic and chemical fertilizers.
Year-to-date, foreign sales totaled USD 153.017 billion, with purchases totaling USD 141.991 billion, which results in a USD 11.025 billion surplus. Exports daily average declined 15.7% over the same period of 2014, with imports daily average dropping 22.3%.
*Translated by Sérgio Kakitani
