Brazil: Trade balance has a surplus of US$2.7 billion in May

RIO DE JANEIRO, BRAZIL – In the year, the balance is US$22.9 billion positive, being US$115.5 billion from exports and US$92.6 billion from imports.

The Brazilian trade balance registered a US$2.7 billion surplus in the first two weeks of May. Exports totaled US$14.1 billion, while imports reached US$11.4 billion. The Ministry of Economy released data on May 16.

In the first week of May, the surplus was US$2.2 billion, with exports of US$7.6 billion and imports of US$5.4 billion. In the second week, the surplus was US$495.7 million, with US$6.5 billion in exports and US$6 billion in imports.

The daily average of exports increased 12.8% in the first two weeks of May compared to the same period in 2021. Imports, on the other hand, rose 35.2%.

In the year, the accumulated balance is positive at US$22.9 billion, with exports totaling US$115.5 billion and imports, US$92.6 billion.

In the accumulated until the second week of May 2022, compared with the same period of the previous year, the performance of exports and imports per sector by daily average was:

• agriculture and cattle-raising: high of US$10.1 million (2.8%) in exports and US$2.1 million (10.3%) in imports;
• extractive industry: high of US$16.3 million (5.6%) in exports and US$34.9 million (72.3%) in imports;
• transformation industry: high of US$133.5 million (22.7%) in exports and US$260.1 million (34.1%) in imports.

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