{"id":47212,"date":"2014-02-17T16:59:00","date_gmt":"2014-02-17T18:59:00","guid":{"rendered":"https:\/\/escaesco.com.br\/lab\/anba\/trade-deficit-exceeds-us-2bn-month-to-date\/"},"modified":"2024-02-21T22:21:17","modified_gmt":"2024-02-22T01:21:17","slug":"trade-deficit-exceeds-us-2bn-month-to-date","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/trade-deficit-exceeds-us-2bn-month-to-date\/","title":{"rendered":"Trade deficit exceeds US$ 2bn month-to-date"},"content":{"rendered":"<p>S&atilde;o Paulo &ndash; The Brazilian balance of trade has posted a deficit again in the second week of February, driving up the month- and year-to-date deficits. As per figures issued this Monday (17th) by the Brazilian Ministry of Development, Industry and Foreign Trade, exports stood at US$ 3.956 billion and imports stood at US$ 4.294 billion last week, resulting in a US$ 338 million deficit. Month-to-date, the deficit stands at US$ 2.041 billion.<\/p>\n<p>According to a communiqu&eacute; from the ministry, exports averaged at US$ 791.2 million per day in the second week of February, a higher figure than in the first week. The average increased across all three product categories. Basic goods exports stood at US$ 362.8 million, up 37% from the first week, as a result of increased exports of oil, soy bean, coffee bean, soy bran, maize, tobacco leaves and cattle. <\/p>\n<p>Semi-manufactured goods exports stood at US$ 113.7 million, up 17.6% as a result of raw sugar, wood pulp, semi-manufactured iron and steel products, and ferroalloys exports. Manufactured goods exports were up 6.2% to US$ 270.5 million. The increase was driven by automobiles, aluminium oxides and hydroxides, plastic polymers, cargo vehicles, engines and electrical generators, refined sugar, and aircraft. <\/p>\n<p>Imports averaged at US$ 858.8 million a day, down 13.4% from the first week of February. Imports declined for fuels and lubricants, mechanical equipment, electric and electronic equipment, optics and precision instruments, cereals, and milling products.<\/p>\n<p>Month-to-date in February, exports from Brazil stand at US$ 7.214 billion, averaging at US$ 721.4 million per day over a period of ten working days. The average is down 16.48% from February last year. Imports have also declined, averaging at US$ 925.5 million per day, down 1% from February 1st to 16th last year.<\/p>\n<p>Year-to-date, the trade balance shows a US$ 6.099 billion deficit. In the same period last year, a US$ 4.781 billion deficit was recorded. Year-to-date through February 16th, Brazil exported the equivalent of US$ 23.240 billion in goods and imported US$ 29.339 billion.<\/p>\n<p><strong>*Translated by Gabriel Pomerancblum<\/strong><\/p>\n<div class=\"credits-overlay\" data-target=\".wp-image-186137\">Press Release\/VW<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Brazilian trade balance posted a US$ 338 million deficit last week, a US$ 2.041 billion deficit month-to-date in February, and a US$ 6.1 billion deficit year-to-date.<\/p>\n","protected":false},"author":2316,"featured_media":186137,"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-47212","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy"},"wps_subtitle":"The Brazilian trade balance posted a US$ 338 million deficit last week, a US$ 2.041 billion deficit month-to-date in February, and a US$ 6.1 billion deficit year-to-date.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/47212","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=47212"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/47212\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/186137"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=47212"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=47212"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=47212"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}