Brazil’s trade balance with US$877.2 million deficit in 3rd week of January
RIO DE JANEIRO, BRAZIL – According to data released on Monday, January 24, by the Ministry of Economy’s Secretariat of Foreign Trade (SECEX), the amount was achieved with exports of US$4.503 billion and imports worth US$5.380 billion.
In January, the trade balance accumulated a deficit of US$ 117.3 million until the 23rd, with exports of US$14.394 billion and imports of US$14.512 billion.
Exports registered an increase of 28.4% in the daily average for January, compared to the same period last year, with a 93% growth in the Agriculture and Livestock sector, a 14.2% drop in the Extractive Industry and a 39.9% increase in sales of products from the Manufacturing industry.
The daily average of imports increased 27.6% in the period, with a decrease of 16.7% in the Agriculture and Livestock sector, a rise of 384.2% in the Extractive Industry sector, and a 15.3% increase in the Manufacturing sector.
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