Brasília – The Brazilian trade surplus – exports minus imports – in the first week of August, with five business days, reached US$ 295 million. Exports totalled US$ 4.553 billion and imports reached US$ 4.258 billion. The figures were disclosed today (8th) by the Brazilian Ministry of Development, Industry and Foreign Trade.
In the accumulated result for the year so far, the trade surplus is US$ 17.202 billion, a much lower figure than recorded in the same period of 2007, which was US$ 28.665 billion. From January until the first week of September, exports reached US$ 135.3 billion, and imports, US$ 118.1 billion.
The reduction in trade surplus is a result of imports growing at a faster rate than exports, as the lower dollar value favours product imports.
*Translated by Gabriel Pomerancblum
