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Brazil’s Exports Surpass US$ 250 Billion for first time in history

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Brazilian exports exceeded for the first time, the mark of US$ 250 billion this year, according to figures released today, December 26, by the Ministry of Development, Industry and Foreign Trade. The record volume of US$ 250.3 billion recorded between January and the fourth week of December is 24% higher than in the past year, which had been 201.9 billion.

The surplus registered in the Brazilian trade balance between December 19th and 25th reached US$ 740 million. In the period, exports totaled US$ 5.286 billion and imports, US$ 4.546 billion. Bilateral trade (added exports and imports) reached US$ 9.832 billion.

According to the Ministry, in the 17 working days of the month (from December 1st to 23rd, Brazil shipped US$ 16.241 billion in products abroad, with a daily average of US$ 965.9 million. In comparison with the same period in 2010, when the country shipped abroad US$ 909.5 million in products each working day, the growth was 6.2%.

The daily import average this month is also greater than in the same period in 2010. Brazil purchased US$ 15.551 billion, or US$ 914.8 million a day. The growth registered by the Ministry was 35.1% over the US$ 677.1 million imported daily by Brazil in December 2010.

In the accumulated result for December, the trade balance favourable for Brazil was US$ 870 million. This year, the result is also positive. Exports have already reached US$ 250.333 billion, (with a daily average of US$ 1.017 billion) representing growth of 43.1% over the same period in 2010.

Imports also rose and reached a high of 24.7%, with a daily average of US$ 908.5 million imported per day. In the accumulated result for the year, the total is US$ 223.489 billion.

 

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