The Brazilian trade balance closed the month of August with a surplus of US $ 6.133 billion, according to a balance released today (4) by the Ministry of Development, Industry, Commerce and Services (MDIC). Last month, exports totaled US $ 29.861 billion, while imports were $ 23.728 billion. As a result, the trade current was $ 53.589 billion last month.
In the year, exports total US $ 227.583 billion and imports, US $ 184.771 billion, with a positive balance of US $ 42.812 billion and a current of trade of US $ 412.354 billion. According to the ministry, compared to August 2024, exports showed a growth of 3.9%. In the same month as last year, the country exported a total of $ 28.74 billion.
Compared to the same month last year, the growth of agriculture of US $ 0.51 billion (8.3%); US $ 0.74 billion in the extractive industry (11.3%) and a drop of US $ -0.14 billion in transformation industry products (-0.9%).
Regarding imports there was a 2% drop in comparison between August last year, when the volume was $ 24.22 billion. The performance of agriculture was practically null and void, being 0.4%. The extractive industry has growth of US $ 0.37 billion (26.5%) and a drop of US $ -0.85 billion (-3.8%) in transformation industry products.
According to the MDIC, exports in August had a significant growth of 11% for the UK, 43.82% for Mexico; 40.37% for Argentina; 31% for China and 58% for India.
The largest registered falls were 43.8% for Belgium; 31.3% for Spain; 30.44% for South Korea and 17.1% for Singapore.
Compared to the United States, the month registered a 18.5% drop in export volume. The data draw attention to the iron ore that presented a 100%drop, with no export to the United States.
The biggest drop was in sales of aircraft and aircraft parts, which had a reduction of 84.9%. Then sugar with a drop of 88.4% and non -electrical engines and engines that had a 60.9% reduction.
Fresh beef meat fell by 46.2%; Electricity machines with a reduction of 45.6%; Cellulose had a reduction of 22.7%, iron and steel semi -decaded products, with a percentage drop of 23.4%; 37%fuel oils; and wood that registered a drop in exports of 39.9%.
According to the director of Statistics and Foreign Trade Studies, Herlon Brandão, the fall occurred due to the anticipation of sales in July, before the start of the tariff applied by the Government of Donald Trump.
“I attribute this a lot to the anticipation that occurred in July, when there was a letter on July 9 stating that tariffs would increase by 50% to Brazil and this generated uncertainty among exporters and we had export growth to the United States of 7%,” he explained.
