{"id":58128,"date":"2017-09-01T18:01:00","date_gmt":"2017-09-01T20:01:00","guid":{"rendered":"https:\/\/escaesco.com.br\/lab\/anba\/august-saw-record-trade-surplus\/"},"modified":"2024-02-21T22:19:28","modified_gmt":"2024-02-22T01:19:28","slug":"august-saw-record-trade-surplus","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/august-saw-record-trade-surplus\/","title":{"rendered":"August saw record trade surplus"},"content":{"rendered":"<p>S&atilde;o Paulo &ndash; Exports from Brazil amounted to USD 19.475 billion in August, up 14.7% year-on-year as per average daily numbers. Imports came out to USD 13.876 billion, up 8% and leading to a USD 5.599 billion trade surplus, the highest on record for the month and up 35.3% year-on-year, the Brazilian Ministry of Industry, Foreign Trade and Services said this Friday (1).<\/p>\n<p>Foreign sales were up 24.2% for basic goods, 9.75 for semi-finished goods &ndash; especially maize, copper ore, beef, soy, crude oil, poultry, pork, iron ore, fuel oils, orange juice, flat-rolled products, earth-moving machinery, automobiles, tractors, aluminum oxides and hydroxides, vehicle motors and their parts, auto parts, pneumatics, pharmaceuticals, raw zinc, wood pulp, semi-finished iron and steel products, ferroalloys and timber. <\/p>\n<p>Sales to Africa soared by 42% in August on the back of maize, sugar, iron ore, beef, poultry, semi-finished iron and steel products, copper rods, aluminum rods and rice. Exports to the Middle East slid by 18.9% due to weaker sales of soy, ammunition, iron ore, maize, refined sugar, cast iron pipes, copper bars, soya bran, raw sugar and poultry. <\/p>\n<p>Imports to Brazil increased for fuel and lubricants (56.6%), capital goods (6.6%), intermediate goods (4.8%) and consumer goods (1%).<\/p>\n<p>Year-to-date through August, exports from Brazil fetched USD 145.946 billion, with average daily sales up 18.1% year-on-year. Imports reached USD 97.837 billion, up 7.3% and leading to a USD 48.109 billion trade surplus, up 48.6% year-on-year, also an all-time high for the period. <\/p>\n<p><em>Ag&ecirc;ncia Brasil<\/em> quoted the Ministry as saying the primary driver of this wider surplus was the hike in prices of exported goods, especially commodities, with average prices going up 13% overall on average year-to-date through August. Shipped volume was up 4.4%. <\/p>\n<p><em>Ag&ecirc;ncia Brasil <\/em>also said the Ministry estimates a USD 60 billion surplus will have been reached by the end of the year. <\/p>\n<p><strong>*Translated by Gabriel Pomerancblum<\/strong><\/p>\n<div class=\"credits-overlay\" data-target=\".wp-image-189937\">Ivan Bueno\/Ag. Paran\u00e1<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Exports from Brazil came out to USD 19.475 billion last month, with imports reaching USD 13.876 billion and resulting in a USD 5.599 billion surplus, an all-time high for the month.<\/p>\n","protected":false},"author":2316,"featured_media":189937,"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-58128","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy"},"wps_subtitle":"Exports from Brazil came out to USD 19.475 billion last month, with imports reaching USD 13.876 billion and resulting in a USD 5.599 billion surplus, an all-time high for the month.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/58128","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=58128"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/58128\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/189937"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=58128"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=58128"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=58128"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}