Monday, February 11, 2013

Brazilian exports in January 2013 reached the second best results ever

Source: Ministério do Desenvolvimento, Indústria e Comércio Exterior(1).   Translated by Vitoria Pinhas. The Brazilian exports in January 2013 had the second highest number for such period, and reached U.S. $ 15,968 billion. According to the government, The products that contributed to the good results were: ethanol (219.8%), frozen orange juice (126.2%), sugar (58.8%), cars (52.6%), ...

Brazilian exports in January 2013 reached the second best results ever
Source: Ministério do Desenvolvimento, Indústria e Comércio Exterior 1

Translated by Vitoria Pinhas
The Brazilian exports in January 2013 had the second highest number for such period, and reached U.S. $ 15,968 billion.  According to the government, The products that contributed to the good results were: ethanol (219.8%), frozen orange juice (126.2%), sugar (58.8%), cars (52.6%), hydrocarbons and derivatives (47%), aluminum oxides and hydroxides (13.3%) and not frozen orange juice (1.3%).2
Regarding to the imports, the numbers in January also registered a record for the month, reaching U.S. $ 20,003 billion.  There was an increase in purchases of raw materials and intermediate goods (7.9%), capital goods (14.6%) and fuels and lubricants (55.7 %) and a decrease of 2.1% for consumer goods.
About these results, the Secretary of Foreign Trade MDIC, Tatiana Lacerda Prazeres agrees that the numbers are significant, but reasoned that the weight of the deficit decreased in comparison with previous results.  "The previous largest deficit was registered in December 1996 as of U.S. $ 1.787 billion: although lower, it accounted for almost half of the value of exports in that month.  In comparison, the deficit in the last January accounted for only a quarter of exports in the month”, said the secretary.
Concerning to export destinations, the top five buyers of Brazilian products in January were: United States (U.S. $ 1.915 billion), China (U.S. $ 1.705 billion), Argentina ($ 1.399 billion), the Netherlands (U.S. $ 880 million) and Japan ($ 697 million).  In other hand, the top five suppliers to the Brazilian market in the period were: United States (U.S. $ 3.350 billion), China (U.S. $ 3.107 billion), Argentina ($ 1.275 billion), Germany (U.S. $ 1.154 billion) and Nigeria (U.S. $ 822 million).
2All the numbers mentioned in this article may be seen at http://www.desenvolvimento.gov.br/sitio/interna/noticia.php?area=5&noticia=12143

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