Brazil’s economy showed strong performance in the second week of October 2024. The country’s exports reached $7 billion, while imports totaled $5.6 billion.
This resulted in a trade surplus of $1.4 billion for the week. The total trade flow amounted to $12.6 billion, according to official data.
The Foreign Trade Secretariat of the Ministry of Development, Industry, Trade, and Services provided these figures. For the entire month so far, exports have totaled $12.5 billion. Imports, on the other hand, reached $10.1 billion.
This created a positive balance of $2.4 billion and a trade flow of $22.7 billion. Looking at the year-to-date numbers, Brazil’s exports have reached an impressive $268 billion.
Imports for the same period totaled $206.5 billion. This resulted in a trade surplus of $61.5 billion and a total trade flow of $474.5 billion.
The daily average for exports in the first two weeks of October stood at $1.393 billion. For imports, the daily average was $1.128 billion. Compared to the same period last year, the trade flow grew by 5.5%.
A closer look at different sectors reveals some interesting trends. The agricultural sector saw a decrease in exports of $66.41 million, or 21.7%.
The extractive industry experienced a slight increase of $0.49 million, or 0.1%. The manufacturing industry grew by $44.08 million, representing a 5.9% increase.
On the import side, the agricultural sector grew by $2.42 million, or 14.4%. The extractive industry, however, saw a decrease of $9.05 million, equivalent to 11.2%.
The manufacturing industry showed significant growth, increasing by $160.18 million, or 18.4%. These figures demonstrate Brazil‘s robust trade performance.
The country continues to maintain a healthy trade surplus. This balance supports economic stability and growth, benefiting both businesses and consumers alike.
More: Brazil news in English, every day from The Rio Times.
Live Market IntelligenceBrazil — Live Market Board
Rio Times · Live Market Intelligence
Brazil — Live Market Board
-0.43%
171,324.31
-0.43%
71,674.32
-0.46%
10,625.27
+0.69%
2,848,945
—
2,452.93
-1.35%
| Instrument | Last | Change | YoY | Prev. | High | Low | Volume |
|---|---|---|---|---|---|---|---|
| IBOV | 171,324.31 | -0.43% | +8.69% | 172,060.43 | — | — | — |
| USD/BRL | 5.64 | +1.07% | +6.63% | 5.58 | 5.65 | 5.64 | — |
| SELIC | 13.75% | — | — | — | — | — | |
| PETR4 | 44.70 | +2.64% | +38.18% | 43.55 | 44.97 | 43.23 | 37,990,800 |
| VALE3 | 63.95 | -0.75% | — | 64.43 | 64.48 | 62.93 | 16,658,700 |
| ITUB4 | 41.68 | -0.10% | +6.58% | 41.72 | 41.95 | 41.12 | 22,298,600 |
| BBDC4 | 14.32 | -0.07% | -26.34% | 14.33 | 14.33 | 13.92 | 62,054,800 |
| BBAS3 | 15.48 | -8.35% | -32.11% | 16.89 | 15.67 | 14.72 | 146,447,300 |
| B3SA3 | 14.76 | -0.27% | +4.53% | 14.80 | 14.90 | 14.47 | 48,848,300 |
| ABEV3 | 15.75 | -0.63% | +15.64% | 15.85 | 15.92 | 15.62 | 45,131,700 |
| WEGE3 | 51.65 | +0.08% | +15.06% | 51.61 | 52.04 | 51.17 | 5,287,600 |
| PRIO3 | 63.30 | +2.98% | +58.21% | 61.47 | 63.87 | 60.79 | 6,527,400 |
| SUZB3 | 56.04 | +4.16% | +16.58% | 53.80 | 56.06 | 53.75 | 8,381,600 |
| RENT3 | 29.58 | -2.18% | -31.31% | 30.24 | 30.42 | 29.05 | 11,810,900 |
| AZZA3 | 16.90 | +9.95% | -42.83% | 15.37 | 18.57 | 16.14 | 7,839,300 |
| CSNA3 | 4.23 | -6.42% | -51.55% | 4.52 | 4.48 | 4.19 | 18,970,400 |
| GGBR4 | 24.97 | -1.11% | +31.08% | 25.25 | 25.26 | 24.69 | 4,076,200 |
| ENEV3 | 27.00 | -1.39% | +40.26% | 27.38 | 27.11 | 26.53 | 11,153,200 |
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