{"id":48843,"date":"2014-09-01T16:59:00","date_gmt":"2014-09-01T18:59:00","guid":{"rendered":"https:\/\/escaesco.com.br\/lab\/anba\/trade-balance-shifts-to-surplus-year-to-date\/"},"modified":"2024-02-21T22:21:02","modified_gmt":"2024-02-22T01:21:02","slug":"trade-balance-shifts-to-surplus-year-to-date","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/trade-balance-shifts-to-surplus-year-to-date\/","title":{"rendered":"Trade balance shifts to surplus year-to-date"},"content":{"rendered":"<p>S&atilde;o Paulo &ndash; The Brazilian trade balance posted a surplus for the sixth straight month in August, driving the year-to-date result to a surplus for the first time this year. In August, exports amounted to US$ 20.465 billion and imports, to US$ 19.297 billion, resulting in a US$ 1.168 billion surplus.<\/p>\n<p>Year-to-date through August, exports stood at US$ 154.02 billion and imports, at US$ 153.771 billion, resulting in a US$ 249 million surplus. The figures have been released this Monday (1st) by the Brazilian Ministry of Development, Industry and Foreign Trade. <\/p>\n<p>This, however, does not imply that exports increased and imports declined. In August alone, both imports and exports were up by a meagre 0.1% from August 2013, based on daily average figures. Year-to-date through August 2014, average daily&nbsp;exports were down 0.5% from August 2013, and average daily&nbsp;imports were down 3%.<\/p>\n<p>According to the Ministry, the only product category for which exports increased was manufactured goods (up 3.8%), the highlights being an oil rig, flat-rolled steel products, fuel oils, cast iron pipes, aluminium oxides and hydroxides, plastic polymers, land levellers and medicine. <\/p>\n<p>Basic goods exports were down 3.3% in August, driven by maize, iron ore, soy and tobacco. Conversely, exports increased for cotton, coffee, petroleum, soy bran, copper ore, beef, poultry and pork.<\/p>\n<p>Exports of semi-manufactured goods were down 1.8%, driven by raw sugar, wood pulp and raw aluminium. Exports increased for semi-manufactured iron and steel products, ferroalloys, crude soy oil, leathers, cast iron and semi-manufactured gold.<\/p>\n<p>Region-wise, exports from Brazil increased to Eastern Europe, the Middle East, Latin America and the Caribbean. Exports to other areas declined.<\/p>\n<p><strong>Imports <\/strong><\/p>\n<p>Imports increased for fuels and lubricants (30.6%), and decreased for consumer goods (8.2%), capital goods (7.3%), raw materials and intermediate goods (1.1%).<\/p>\n<p>Brazil stepped up its imports from the Middle East (213.8%) and Africa (56.8%), highlighting petroleum and its products, fertilizers and other chemicals. Imports from all other regions declined. <\/p>\n<p><strong>*Translated by Gabriel Pomerancblum<\/strong><\/p>\n<div class=\"credits-overlay\" data-target=\".wp-image-186427\">Press Release<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Brazilian foreign trade recorded a surplus for the sixth straight month in August and bounced back from year-to-date deficit for the first time in 2014.<\/p>\n","protected":false},"author":2316,"featured_media":186427,"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-48843","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy"},"wps_subtitle":"Brazilian foreign trade recorded a surplus for the sixth straight month in August and bounced back from year-to-date deficit for the first time in 2014.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/48843","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=48843"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/48843\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/186427"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=48843"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=48843"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=48843"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}