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Comparative data are preliminary point, that the surplus in the trade of the brazilian accumulated in the past 12 months, that is, one of the world's ten largest in the world
The surplus was accumulated in the brazilian trade balance in the last 12 months, until January 2020, of$ 43.2 billion. The exports during the period were$ 220,3 billion a year. Imports at US$ 177,1 billion a year.
Comparative data are preliminary point, that the surplus in the trade of the brazilian accumulated in the past 12 months, that is, one of the world's ten largest in the world, and the seventh-highest among the G20 economies, in spite of a demand and the external world, which continues at a pace that is weakened.
Check out the full details of the balance of trade
For the month of January 2020 has the current trade of USD to 30.6 billion. According to the data of the trade balance which is released on Monday (03/02) by the Bureau of Foreign Trade, Ministry of economic affairs (Secex/ME), and there was a trade deficit of US$ 1.7 billion in the same month, caused to a large extent, due to the import of the oil rig, valued at more than US$ 2 billion a year.
Of the total exports in January 2020, which amounted to US$14.4 billion were down compared to January 2019, due to a downturn in sales of offshore oil rigs (US$ 1.3 billion), crude oil (US$ 592 million), production (US$ 445 million), maize (US$ 270 billion), and soybeans (US$ 255 million).
In the last 12 months, with the trade of the brazilian shows a decrease of 7.3 per cent, the result of factors such as: (1) for adjustments in the structure of the relationship between the two largest economies in the world, with an increase in global uncertainty, and the developments of the adverse growth of the world GDP and international trade. (2) On the home front, there is a saving on the recovery process, with bright reflections on the changing balance of trade of the Country. (3) The challenges taking place in the economy of Argentina is the main destination of brazilian exports of manufactured goods, and the third-largest trading partner of Brazil. (4) the Illness, which threatened to overwhelm the swine herd in China, the main destination of our exports.
In the specific case of the month for January of 2020, according to the under secretary for Intelligence and Statistics, the Foreign Trade of the Secex, Herlon But the sell-offs were reduced in response to a basis of comparison to the overly high in January 2019. In the first month of the year in the past, there have been major the operation of the export of the oil rig, and a record of the export of the production (at a value of US$ 1 billion). In addition to this, the demand for foreign desaquecida has depressed the prices of the goods and there was a decrease in the volume of on-board grains, driven by the delay in the harvest, and increased domestic demand.
In relation to the imports, which amounted to US$16,1 billion as of January, there was a decline of 6.3% in the price of the goods, as a result of a slowdown in the global. However, the amount of foreign purchases have expanded by 4.5%, continuing a trend of growth was observed in 2019. With regard to the categories of economic, there was a decrease in the amount of the purchase of intermediate goods, 3.4%, and that of the fuel in US$ by 15.3%. On the other hand, grew up with the purchase of capital goods, by 6.6%, and that of consumer goods, up by 6.9%. The increase in imports of capital goods and consumer goods, to reflect on the process of economic recovery now underway, drawn primarily by an increase in domestic demand, with a positive impact on import volumes.
The minister also added that the trade deficit for the month of January, it was timely and it should not be a trend for the coming year.
Source: Ministry of economy
http://www.investexportbrasil.gov.br/corrente-de-comercio-somou-us-306-bilhoes-em-janeiro
