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Posted on 05/06/2022 12:43 pm
Brazilian foreign trade breaks new records in the first four months of the year
The four values ??are the highest for this period in the historical series, which began in 1997. - Photo: Agência Brasil/Tania Rêgo
Brazil ended April with a surplus of US$ 19.947 billion in the first four months of the year. The trade flow reached US$ 182.424 billion, reflecting the sum of exports of US$ 101.185 billion and imports of US$ 81.238 billion. The four values ??are the highest for this period in the historical series, which began in 1997. The data were released by the Foreign Trade Secretariat (Secex) of the Ministry of Economy, on Thursday (05/05).
In April alone, the surplus was US$ 8.15 billion and the trade flow reached US$ 49.66 billion. The balance was the second largest for the month of April, second only to the US$ 10 billion in April 2021. The current has already broken the historical record for the month, with 24% growth.
See the main results of the trade balance
Compared to the same month in 2021, exports grew 16.7% and totaled US$ 28.90 billion. According to Secex, the prices of exported products grew by 19.9%, while the volume decreased by 8%.
Imports, on the other hand, rose 35.7% and totaled US$ 20.75 billion, also with a rise in prices (+34.4%) and a reduction in volume (-6.9%). It was the second highest value for the month of April, behind only April 2013, when purchases reached US$ 21.8 billion.
Sales by the Manufacturing Industry in April reached US$ 14.83 billion – an increase of 35% over the same period in 2021, by the daily average – and were the main factors responsible for boosting the value achieved by the country in the month. The highlights were exports of automobiles and aircraft, in addition to beef and poultry. Among agricultural products, exports grew by 12.7% in the month, totaling US$ 8.24 billion, driven by higher sales of corn (+655.4%) and coffee (+53.8 %).
In the Extractive Industry, exports decreased 10.2%, to US$ 5.69 billion. The brake came mainly from the iron ore business, which fell 22.7%. “Iron ore reached records last year, so this category has reduced prices”, stressed the undersecretary. In oil, shipments fell 23.1%, while the value exported increased 3.7%.
In the year, agricultural exports rose 38.8% by the daily average, compared to the same period in 2021, and reached US$ 24.645 billion. There was also growth in the Manufacturing Industry (+33.4%), which sold US$ 53.796 billion. Extractive Industry exports fell (-4.1%) and reached US$ 22.280 billion.
On the import side, the month of April showed an increase of 58.1% in purchases from the Extractive Industry, mainly reflecting the 150.2% rise in international prices, since the volume decreased 39.7%. Also with the impact of prices, purchases from Agriculture (+33%) and from the Manufacturing Industry (+35.5%) increased.
Considering the four-month period, the increase in purchases from the Extractive Industry was 136.6%, compared to the 121.3% increase in international quotations. “Mainly, fuel. Brazil is a major importer of oil and derivatives and natural gas,” said Brandão. The volume imported by the extractive sector rose 28.5%.
The volume of purchases from other categories fell, both in the Manufacturing Industry (-4.5%) and in Agriculture (-8.6%), despite both having increases in imported values ??- of 23.7% and 8, 2%, respectively.
destinations and origins
In April, Secex registered an increase in sales to Argentina (+47.8%), the United States (+32.2%) and the European Union (+24.1%), with reductions to China (-1.3%). and Middle East (-5.1%). Year-to-date, exports increased to all major trading partners, especially the European Union (+36.5%), the United States (+32.9%), Argentina (+26.6%) and China (+ 5.3%), in addition to the Association of Southeast Asian Nations (Asean), which currently represents 7.5% of Brazilian export trade (+35.9%).
On the import side, in April, purchases from all major origins grew. The increase was 67.9% in the United States, 37.5% in China, 31.3% in Argentina and 12.5% ??in the European Union. Year-to-date, purchases from China (+34.1%), the United States (+47.3%), Argentina (+4%) and the European Union (+11.6%) grew.