Stênio Ribeiro
Reporter Agência Brasil

Brasília – In the fourth week of July imports rose over 15% and exports dropped 17.5%, compared to the third week of July. The trade surplus for the week was an anemic US$343, with the average daily value of exports at only US$68.6 million. This was the second week in a row characterized by a sharp rise in imports and big drop in exports.

For the year the trade situation remains strong. The cumulative January-July surplus is now US$22.712 billion, up over US$5 billion, compared to the same period last year. Exports for the year are up 22.4%, and imports up 19%.

Translator: Allen Bennett