{"id":45458,"date":"2013-08-01T18:14:00","date_gmt":"2013-08-01T20:14:00","guid":{"rendered":"https:\/\/escaesco.com.br\/lab\/anba\/brazilian-trade-deficit-reaches-us-5-billion\/"},"modified":"2024-02-21T22:21:31","modified_gmt":"2024-02-22T01:21:31","slug":"brazilian-trade-deficit-reaches-us-5-billion","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/brazilian-trade-deficit-reaches-us-5-billion\/","title":{"rendered":"Brazilian trade deficit reaches US$ 5 billion"},"content":{"rendered":"<p>S&atilde;o Paulo &ndash; Brazil&rsquo;s trade balance went back on a deficit in June, after posting a surplus in June, causing the year-to-date deficit to increase. Last month, imports exceeded imports by US$ 1.897 billion, as against a US$ 2.3 billion surplus in June and a US$ 2.9 billion surplus in July 2012. The figures were released this Thursday (1st) Brazilian Ministry of Development, Industry and Foreign Trade. <\/p>\n<p>The reason is that exports dropped while imports grew. Brazilian export revenues stood at US$ 20.807 billion last month, down 14.4% from June and 5.2% from July 2012 as per daily average figures. Imports stood at US$ 22.704 billion, up 4.8% and 19.7%, respectively, using the same basis of comparison. According to the ministry, imports averaged at US$ 987.1 million in July 2013, an all-time high.<\/p>\n<p>July-on-July, according to the ministry, semi-manufactured goods exports were down 24.5% and basic goods exports were down 4.4%. Manufactured goods exports were up 0.6%. <\/p>\n<p>For the two former, products whose exports declined the most were semi-manufactured iron and steel, cast iron, raw soy oil, crude aluminium, raw sugar, ferroalloys, gold, maize, oil, coffee and iron ore. Industrialized goods whose exports increased include automobiles, hydrocarbons, pharmaceuticals, tractors, aircraft and fuel oils. The ministry also reported the sale of one oil rig. No similar transactions took place in July 2012.<\/p>\n<p>Regarding markets, exports increased only to Eastern Europe, the Mercosur and the European Union. Exports to the remaining regions dropped.<\/p>\n<p>Imports were up 67.5% for fuels and lubricants, 12% for capital goods, 11% for consumer goods, and 10.4% for raw and intermediate materials. Brazilian imports from all supplying regions increased, apart for non-Mercosur Latin America and Caribbean countries.<\/p>\n<p>Year-to-date, exports stood at US$ 135.23 billion, down 1.5% from the same period in 2012 based on daily averages. Imports amounted to US$ 140.219 billion, an all-time high for the period, up 10% using the same basis of comparison.<\/p>\n<p>As a result, Brazil posted a trade deficit of nearly US$ 5 billion in the first seven months of 2013, as against a surplus of around US$ 10 billion from January through July last year.<\/p>\n<p><strong>*Translated by Gabriel Pomerancblum<\/strong><\/p>\n<div class=\"credits-overlay\" data-target=\".wp-image-175954\">N\u00e1jia Furlan\/Appa<\/div>\n","protected":false},"excerpt":{"rendered":"<p>This is the year-to-date figure through July. Last month, exports were down and imports were up, countering the surplus recorded in June.<\/p>\n","protected":false},"author":2316,"featured_media":175954,"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-45458","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy"},"wps_subtitle":"This is the year-to-date figure through July. Last month, exports were down and imports were up, countering the surplus recorded in June.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/45458","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=45458"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/45458\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/175954"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=45458"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=45458"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=45458"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}