Brazil's trade balance shows a surplus of US $ 2 billion in January

The Brazilian trade balance recorded a surplus of US $ 2.192 billion in January, according to data released by the Ministry of Economy.

The result was slightly lower than the range of estimates collected in the survey of broadcasting projections, ranging from 2,200 billion US dollars to 3.8 billion US dollars. The median of the 21 projections was positive at USD 2.9 trillion.

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The balance was 22.4% lower than last January, while the balance of the trade balance was positive at US $ 2.768 billion. During the fifth week of November (28 to 31), the trade surplus was US $ 159 million.

Last month, exports totaled 18.579 billion US dollars, up 9.1% from January 2018. (+ 15.2%), semi-manufactured products (+ 11.1%) while imports increased by 15.4% On the import side, purchases of capital goods (+ 156.2%) and intermediate goods (+ 3.6%) increased. On the other hand, fuels and lubricants (-12.5%) and consumer goods (-3.5%) declined.