BRAZILIAN EXPORTS SHOW 10.4% YEAR-ON-YEAR INCREASE BY 1ST WEEK OF JULY

The Brazilian trade balance had a surplus of US$ 2.934 billion and a trade flow of US$ 12.753 billion in the first week of July, with exports reaching US$ 7.843 billion and imports totaling US$ 4.91 billion in the period. Exports grew by 10.4% when comparing the averages of the first week of this month (US$ 1,568.67 billion) and July 2022 (US$ 1,421 billion). Imports, on the other hand, fell by 15.8%, from US$ 1.166 billion in July last year to US$ 981.92 million in the first week of July. The data was released by the Ministry of Development, Industry, Commerce and Services (MDIC). From January to July, exports amounted to US$ 173.523 billion and imports to US$ 125.525 billion, resulting in a surplus of US$ 47.998 billion and a trade flow of US$ 299.048 billion.

Source: Datamar News