São Paulo – The Brazilian trade balance posted a US$ 1.294 billion surplus in the third week of June (from the 17th to the 23rd). According to information released this Monday (24th) by the Brazilian Ministry of Development, Industry and Foreign Trade, exports averaged at US$ 1.210 billion per day, up 20% from the average in the first two weeks of June. Imports averaged at US$ 951.2 million per day, down 2.2% from the first and second weeks. In the first three weeks of June, the country exported US$ 6.050 billion and imported US$ 4.756 billion.
According to the Ministry, in the third week of June, manufactured goods exports were up 92.8%, semi-manufactured goods exports were up 0.3% and basic goods exports were down 19.3% from the second week of June. Regarding imported goods, there was a decline in imports of mechanical equipment, consumer electronics, autos and auto parts, organic and inorganic chemicals, and fertilizers.
To date in June, exports amounted to US$ 16.127 billion and imports stood at US$ 14.478 billion. The trade surplus so far in June stands at US$ 1.649 billion. So far this month, there has been an increase in exports of manufactured goods (up 21.3%), basic goods (7.5%) and a decline in exports of semi-manufactured goods (down 2.6%). In June from May, exports are up 3.5% based on daily average figures.
From January through the third week of June, Brazilian bilateral trade has reached US$ 222.577 billion, up 3.5% from the same period in 2012. The trade balance posted a US$ 3.745 billion deficit in the 118 business days in 2013.
*Translated by Gabriel Pomerancblum
