Brasília – The Brazilian balance of trade showed a surplus of US$ 2.355 billion in October, the Brazilian Ministry of Development, Industry and Foreign Trade announced this Tuesday (1st). The surplus was 28.9% higher than in October 2010 (US$ 1.827 billion).
In October, which had 20 working days, exports stood at US$ 22.14 billion, as against US$ 18.381 billion in the same month of 2010 and US$ 23.285 billion in September this year. The average daily surplus was US$ 1.107 billion, 20.5% more than in October 2010, which had the same number of working days.
Imports stood at US$ 19.785 billion in October, higher than the US$ 16.554 billion recorded in the same month of last year, and lower than the US$ 20.211 billion recorded in September 2011. Last month, the imports averaged at US$ 989.3 million per day, 19.5% more than in the same period of 2010.
From January through October, at 209 working days, the trade surplus reached US$ 25.390 billion, 74.8% more than in the same period of last year (208 working days). Based on the average per working day (US$ 121.5 million), the surplus was 74% higher than in 2010 (US$ 69.8 million).
In the first ten months of the year, exports reached US$ 212.139 billion, at an average of US$ 1.015 billion per working day. Based on the daily average figures, there was growth of 29.3% when compared with the period ranging from January to October 2010 (US$ 785.1 million).
Up until October, imports stood at US$ 186.749 billion, at a daily average of US$ 893.5 million. Based on daily average figures, there was a 24.9% increase over the first ten months of 2010 (US$ 715.3 million).
*Translated by Gabriel Pomerancblum