Trade balance surplus reaches US$14.5 billion

23/05/2005 - 13h35

Stênio Ribeiro
Reporter - Agência Brasil

Brasília – Last week, Brazil’s trade balance surplus (exports minus imports) reached US$943 million, raising to US$2.336 billion the total reached in May, and to US$14.530 billion the overall accumulated from January to May. This result points to a projection of US$35 billion for the year’s balance, according to the Focus research, released this Monday (23) by the Brazilian Central Bank.

There was an increase of 41.80% in last week’s trade balance compared to that of the previous week, because, in the period, exports grew 9.78%, and imports dropped 3.92%. Sales totaled US$2.436 billion in the week, while purchases added up to US$1.493 billion.

In May, exports reached US$6.851 billion, and imports, US$4.515 billion. This difference produced the best external sales daily average: US$487.2 million, according to the Ministry of Development, Industry, and Foreign Trade.

Translation: Andréa Alves