Notícias

Trade Balance

Trade balance hits record $29B surplus

published: Jun 01, 2017 12:00 AM, last modified: Jun 02, 2017 09:38 AM
Numbers show daily average growth on both exports and imports. Results for the month were also positive
Trade balance hits record $29B surplus

Exports in May stood at US$ 19.792 billion, surpassing US$ 12.113 billion in imports - Credit: Agência Brasil

The Brazilian trade balance registered a US$ 29 billion surplus from January to May this year, the highest for the period since the beginning of the historical series in 1989. Trade for May stood at a US$ 7.661 billion surplus, also a monthly record. The data was released on Thursday (1) by the Ministry of Industry, Foreign Trade and Services (MDIC).

In year-to-date terms, exports totalled US$ 87.932 billion in May. This represents an 18.5% growth compared with 2016 numbers based on the daily average criterion, which takes into account the amount traded per business day.

Imports totalled US$ 58.9 billion, up 8.4% from the accumulated daily average of the same period of last year (US$ 53.830 billion).

Growth

In May, Brazilian exports stood at US$ 19.792 billion, surpassing US$ 12.113 billion in imports. Sales abroad grew 7.5% in relation to May 2016, also according to the daily average.

Imports, on the other hand, grew 4% in comparison with May last year and fell 7.4% in relation to April of this year.