Trade balance surplus fell by 43% and reaches US$ 6.44 Bi in the year 2020-04-06

Result accounts for exports and imports from January to April 5. Numbers were released this Monday by the Ministry of Economy.

On Sunday (5) the trade balance registered a surplus of US$ 6.444 billion in the accumulated result for the year until then. Such data were informed by the Ministry of Economy this Monday (6).

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What is called "surplus” happens when exports exceed imports🇧🇷 And if the opposite occurs, a trade deficit is registered.

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This figure represents a drop of 43.3% when contrasted with the positive balance of US$ 11.359 billion recorded in the same period, however, last year.

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The decrease in the positive trade balance takes place amid the process of deceleration of the world economy, intensified in recent weeks due to the current pandemic of the new coronavirus.

According to the government, in the accumulated result for the year 2020, exports totaled US$ 52.333 billion - a decrease of 6.3% compared to the same period of the previous year. The average per day was US$ 805 million.

With an increase of 2.7% compared to the same period of 2019, imports totaled US$ 45.889 billion. The average per day was US$ 706 million.

beginning of april

From the beginning of April until the 5th, still according to official data, the trade balance registered a surplus (exports minus imports) of US$ 882 million.

Exports, in this period, totaled US$ 2.813 billion. Value 2.1% higher than the same period of April in the year 2019. Meanwhile, imports totaled US$ 1.931 billion, down 0.8% in the same comparison.

According to the government, there was an increase in foreign sales in the agricultural sector at the beginning of this month (+67.1%). However, a drop of 14.3% in mining and quarrying industry sales and 14.7% in manufacturing products.

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