From the Newsroom*
Brasília – In the first week of April, exports from Brazil totalled US$ 2.634 billion and imports stood at US$ 1.792 billion, resulting in a surplus of US$ 842 million. The information was supplied by the Brazilian Ministry of Development, Industry and Foreign Trade.
The result recorded in the first week of April, which had four business days, points to a recovery of the trade surplus, as in the entire month of march, which had twenty business days, the balance of trade surplus totalled US$ 1.012 billion, with exports at US$ 12.613 and imports at US$ 11.601 million.
In the accumulated result for the year, however, at 65 business days, the trade surplus was US$ 3.679 billion, 61.59% less than in the same period of 2007 (US$ 9.580 billion).
Trade surplus reduction is caused by the growth of imports at a higher rate than exports. The depreciation of the dollar and the economic expansion favour product imports. In the accumulated result for the year, exports stand at US$ 41.324 billion and imports at US$ 37.645 billion, as against US$ 36.531 billion and US$ 26.951 billion, respectively, during the same period in 2007.
*Translated by Gabriel Pomerancblum
