{"id":265337,"date":"2020-01-02T17:40:18","date_gmt":"2020-01-02T20:40:18","guid":{"rendered":"https:\/\/anba.com.br\/?p=265337"},"modified":"2020-01-02T18:20:40","modified_gmt":"2020-01-02T21:20:40","slug":"trade-surplus-the-narrowest-since-2015","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/trade-surplus-the-narrowest-since-2015\/","title":{"rendered":"Trade surplus the narrowest since 2015"},"content":{"rendered":"<p>S\u00e3o Paulo \u2013 The Brazilian trade balance posted a surplus of USD 46.7 billion in 2019. The figure is 20.5% lower than 2018\u2019s and is the narrowest since 2015. The numbers were made public this Thursday (2) by the Ministry of Economy.<\/p>\n<p>The surplus is the result of exports worth USD 224 billion and imports worth USD 177.3 billion. As per the daily average, foreign sales slowed 7.5% from <a href=\"https:\/\/anba.com.br\/en\/brazilian-exports-reach-highest-value-in-five-years\/\">2018<\/a>, and purchases slid 3.3%.<\/p>\n<p>Exports declined across the board, including finished, semi-finished and basic goods. Sales declined particularly in oil platforms, cargo vehicles, passenger cars, iron and steel flat laminates, auto pieces, plastic polymers, raw soy oil, leather, iron and steel semi-finished goods, raw sugar, pulp, slotted and sawn timber, soy beans, copper ore, soy bran, and raw oil.<\/p>\n<p><a href=\"http:\/\/agenciabrasil.ebc.com.br\/\" target=\"_blank\" rel=\"noopener\"><em>Ag\u00eancia Brasil<\/em><\/a> reported that the primary factors for the slowdown, according to the Ministry\u2019s Foreign Trade secretary Lucas Ferraz, were the deepening crisis in Argentina, which is an important purchaser of Brazilian finished goods; and the swine fever in China, which reduced the demand of Brazilian soy, one of the main exports from Brazil.<\/p>\n<p>Sales to the Middle East, however, were up by 9.1% last year from the previous year, to USD 10.8 billion. Higher increases were posted in sales of iron ore, semi-finished gold, poultry, cast iron tubes, copper bars, profiles, wires etc., living cattle, soybeans, and aircraft motor parts and turbines.<\/p>\n<p><strong>Imports<\/strong><\/p>\n<p>On the other hand, a decline was seen in the imports of capital goods, consumer goods, and fuel and lubricants, while a small increase were posted in the purchase of intermediate goods<\/p>\n<p>The imports to the Middle East were down 3% due to a slowdown in the purchases of raw oil, aviation kerosene, plastic polymers, urea, liquefied natural gas, iron and steel semi-finished goods, brimstone, acyclic alcohol and derivatives, and potassium chloride.<\/p>\n<p><strong>Translated by Guilherme Miranda<\/strong><\/p>\n<div class=\"credits-overlay\" data-target=\".wp-image-265332\">Luiz Souza\/NurPhoto\/AFP<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A USD 46.7 billion trade surplus in 2019 is the result of Brazilian exports of USD 224 billion and imports of USD 177.3 billion. Both foreign sales and purchases dropped last year.<\/p>\n","protected":false},"author":2316,"featured_media":265332,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[114],"tags":[],"class_list":{"0":"post-265337","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news"},"wps_subtitle":"A USD 46.7 billion trade surplus in 2019 is the result of Brazilian exports of USD 224 billion and imports of USD 177.3 billion. Both foreign sales and purchases dropped last year.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/265337","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2316"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=265337"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/265337\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/265332"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=265337"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=265337"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=265337"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}