Brasília – Brazil ran a USD 1.829 billion trade surplus in the second week of April, the result of USD 5.244 billion in exports and USD 3.415 billion in imports. Year-to-date, USD 64.173 billion worth of goods were shipped from Brazil, with imports coming out to USD 46.897 billion and leading to a USD 17.276 billion surplus.
Exports averaged USD 1.048 billion a day in the second week of April, up 14.9% from USD 912.5 million in the first week, on the back of a 47% hike in basic goods exports, driven by calcinated magnesia, crude oil, copper, ore, tobacco leaves and soy bran.
Semi-finished goods exports dropped 25.5% with weaker sales of raw soy oil, raw cast iron and Spiegel iron, raw sugar, semi-finished gold and wood pulp. Finished goods exports were down 6.1%, driven by gasoline, ethanol, aircraft engines and turbines, electric motors, generators and transformers, and aluminum oxides and dioxides.
Imports were up 11.5%, averaging USD 683 million a day, driven by increased purchases of cereals and milling industry products, fertilizers, fuels and lubricants, organic and inorganic chemicals and mechanical equipment.
Translated by Gabriel Pomerancblum
