Poultry and pork stand out in trade balance
In the third week of July Brazil's trade balance produced a surplus of US$ 558 million. In the month overall, the trade balance has produced a surplus of US$ 137 million, and in the year, there is a deficit of US$ 2.955 billion. The figures were released earlier in the week by the Ministry of Development, Industry and Foreign Trade (MDIC).In the third week of July, Brazil's exports earned US$ 5.371 billion, while the country imported goods worth US$ 4.813 billion.
Exports of basic goods were up by 3.6%, driven by soybeans, copper ore, beef, pork and chicken, leaf tobacco, soybean meal and iron ore.
In the year to the third week of July, Brazil's exports totaled US$ 128.828 billion, at an average daily rate of US$ 933.5 million. Brazil's imports totaled US$ 131.783 billion, at an average daily rate of US$ 954.9 million.
Information provided by porkworld.com.br