Bras\u00edlia \u2013 Brazil started 2013 with a trade deficit. According to figures released this Monday (7th) by the Brazilian Ministry of Development, Industry and Foreign Trade, a US$ 100 million was recorded in the first week of the month. Imports reached US$ 2.35 billion and outpaced exports, which stood at US$ 2.25 billion, resulting in the deficit. <\/p>\n
Average daily exports in the first week of January stood at US$ 750 million, up 2.2% from the same period in 2012. This was due to a 23.1% increase in sales of semi-manufactured goods, including crude maize oil, iron and steel, synthetic rubber, and gold. On the other hand, manufactured goods exports were down 2.4%, mostly due to fuel oils, auto parts, engine parts, and pumps and compressors.<\/p>\n
Average daily imports stood at US$ 783.3 million, down 1.2% from the first week of January 2012. Brazil imported less iron and steel products (-23.3%), fuels and lubricants (-11.2%), fertilizers (-10.9%), home and electronic appliances (-10.2%) and mechanical equipment (-3.3%).<\/p>\n
The Brazilian balance of trade ended 2012 on a US$ 19.438 billion surplus. The result was the worst since 2002, when the surplus was US$ 13.1 billion. The 2012 result was also down 34.7% from the US$ 29.794 billion surplus recorded in 2011. The federal government ascribed the result to the international crisis and its impact on exports. <\/p>\n
*Translated by Gabriel Pomerancblum<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"
The country posted a US$ 100 million deficit in the first week of January, resulting from US$ 2.25 billion in exports and US$ 2.35 billion in imports.<\/p>\n","protected":false},"author":2315,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[],"class_list":{"0":"post-43602","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy"},"wps_subtitle":"The country posted a US$ 100 million deficit in the first week of January, resulting from US$ 2.25 billion in exports and US$ 2.35 billion in imports.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/43602","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\/2315"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=43602"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/43602\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=43602"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=43602"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=43602"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}