NEWS IN ENGLISH – Foreign trade has surplus of $89 million in second week of July

17/07/2012 10:46

Luciene Cruz      Reporter Agência Brasil

Brasília – For the week between July 9 and 13, Brazil had a foreign trade surplus of $89 million, with exports of $3.929 billion and imports of $3.849 billion.

During the first week of July (2 to 6), there was a surplus of $623 million, with exports of $5.360 billion and imports of $4.737 billion.

For the month of July (the first two weeks), Brazil is running a trade surplus of $712 million, with exports of $9.289 and imports of $8.577 billion. However, the daily average value of exports, at $785.8 million, is down 12.3%, compared to the same period in 2011.

Exports in July were down in all three main categories: so-called basic good exports were down 15.4% (this category includes raw material and commodities such as coffee grounds, iron ore, crude petroleum, chicken meat and raw cotton) ; semi-manufactured goods were down 5.2%; and manufactured goods down 10.5%.

July 2012 imports were also down 5.8%, compared to July 2011.

For the year, the cumulative total for exports is now $126.503 billion and imports $118.721 billion, with a surplus of $7.782 billion, which is around 40% less than the surplus during the same period in 2011.

Allen Bennett – translator/editor The News in English

Link - Balança comercial tem superávit de US$ 89 milhões na segunda semana de julho

Link - Balança comercial registra superávit de US$ 623 milhões na primeira semana de julho