Brazil has a commercial surplus of $3,546 bi in November despite high imports

Brasil tem superávit comercial de US$3,546 bi em novembro apesar de forte alta das importações

Brazil had a commercial surplus of 3.546 billion dollars in November, obtained despite the strong growth of imports in the period, reported the Ministry of Industry, Foreign trade and services (MDIC) this Friday.

The result retreated 25,4% on the positive balance of 4.753 billion dollars of equal month of 2016, breaking sequence of nine monthly records in trade.

In the 11 months of this year, in just two--January and November--the performance of the scales did not represent the best for the period, considering the historical series initiated in 1989.

In November, the imports inverted trend that was being seen until then and grew more than exports. The high was 14,7% before the same month of 2016, by the daily average, to 13.142 billion dollars.

At the end of the exports, the growth was 2,9% on the same base, to 16.688 billion dollars.

From January to November, the trade balance surplus is already 62.008 billion dollars, high of 43,3% over the same period of 2016.

Displaying breath, exports grew 18,2% in the accumulated of the year, while imports rose less: 9,6%.

For the consolidated result of 2017, the MDIC had already improved its estimate to a surplus between 65 billion and 70 billion dollars, against previous projection of a balance exceeding 60 billion dollars, which would already be the best performance recorded by the country.

Highlights

In November, the highlight on the tip of imports became fuels and lubricants, with expansion of 69,2% over equal month of last year.

But the other categories also showed positive performance. The high was 20% in consumer goods, 10,8% in capital goods and 6,7% in intermediate goods.

Already on the export side, they grew the sales of basic (+ 26,5%) and semi-manufactured (+ 3,1%). Manufactured exports, on the other hand, retreated 14,2% in the last month.