Trade balance posts US $ 6.94 billion surplus in July

The sum of exports and imports increased by 47.3% to reach US $ 34.01 billion during the period. Photo: Gelson Bampi / Fiep System

Brazil’s trade balance showed a surplus of US $ 6.94 billion until the fourth week of July, according to information provided by the Secretariat of Foreign Trade (Secex), attached to the Ministry of the Economy. Growth was 23.5% compared to July 2020, following the daily average.

Exports during the period increased by 42.7% and totaled $ 20.47 billion. Imports, on the other hand, increased by 55% to reach US $ 13.53 billion. The sum of exports and imports increased by 47.3% to reach US $ 34.01 billion during the period. Over the year, compared to January and July 2020, the surplus reached 43.67 billion US dollars, with a growth of 52.3%.

Monthly exports through the fourth week of July registered a 13.5% increase in agriculture, which totaled US $ 3.97 billion; 68.9% in the extractive industry, which reached 5.87 billion US dollars; and 43.9% in the manufacturing industry, with 10.56 billion US dollars.

Imports, on the other hand, saw a 50.3% growth in agricultural purchases, which totaled US $ 0.36 billion; 75.8% in the extractive industry, with US $ 599.74 million; and 54.7% in the manufacturing industry, which reached $ 12.43 billion.

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