Trade balance generates a US$36.3 billion surplus

01/11/2005 - 10h23

Stênio Ribeiro
Reporter - Agencia Brasil

Brasilia – According to the Ministry of Development, Industry and External Trade, Brazilian exports totaled US$9.904 billion in October, while imports reached US$6.218 billion, which generated a surplus of US$3.686 billion in the month. This result was 14.83% below that obtained in September, but it was 22.70% superior to that of last year’s same period.

With this result, the year’s trade balance (exports minus imports) registers another good performance and contributes to an accumulated balance of US$36.350 billion, which is US$8.271 billion more (or 29.45% more) than the surplus registered in the January-October 2004 period, which was US$28.079 billion.

So far, this year’s exports have totaled US$96.623 billion, a 22.1% increase. Imports rose 18.1% and have added up to US$60.273 billion. In the last 12 months (November 2004-October 2005) exports balance reached US$113.976 billion, while imports balance totaled US$41.933 billion.

Translation: Andréa Alves