Brazil's trade balance recorded a surplus of US$9.8 billion in June, reported the Ministry of Development, Industry, Commerce and Services (MDIC) this Friday (3). ? The result is a surplus when exports exceed imports. When the opposite happens, the result is deficient. The result is 66% higher than the balance from the same month last year (surplus of US$5.9 billion).
? According to the government, in June: Exports totaled US$ 36.3 billion, with an increase of 24.9% in the average per business day; Imports totaled US$26.5 billion, with an increase of 14.4% in the average per business day. According to Mdic, the value exported in June is the highest ever recorded in history and surpassed the mark of any other month. Imports had the best result in the series for the months of June. In the first six months of the year, the trade balance was positive at US$42.4 billion, a drop of 40.3% compared to the same period last year (US$30.2 billion). From January to June, exports totaled US$184.8 billion, with an increase of 11.5% in the average per business day. Imports totaled US$142.4 billion, with an increase of 5.1% in the average per business day. Expectations for the year The government updated its trade balance projections for the year. The estimate is that the surplus will be US$90 billion, the second best in history. Exports, according to the government's perspective, should total US$394.4 billion. Imports, US$304.4 billion. United States Exports to the United States increased 3.7% in June compared to last year, rising from US$3.34 billion to US$3.47 billion. US$ 15 billion is the volume of exports that could be affected if a 25% tariff is applied, according to the American Chamber of Commerce for Brazil Jornal Nacional/ Reproduction In recent months, sales to the North American market have registered a decline. Donald Trump's government threatens Brazil with more tariffs. Brazil sent, this Wednesday (1st), a response to the United States about the investigation carried out by the Donald Trump government that accuses the Brazilian government of adopting practices that "encumber or restrict" trade with the North Americans. The Brazilian reaction attempts to prevent the United States from implementing the proposal for additional 25% tariffs on Brazilian products, in response to alleged unfair trade practices, described by the Office of Commerce. In the document, signed by Chancellor Mauro Vieira, Brazil states that the American government's criticism of the PIX and the decisions of the Federal Supreme Court (STF) are not related to trade, but to disagreements over internal policies. According to the Mdic, the increase in exports in June is explained by the greater sale of crude oil, aircraft and fuel. The price of some of these products, such as fuel, rose because of the impact of the war in the Middle East. Exports in June The main consumers of products sold by Brazil abroad continue to be China and the European Union, with the United States in third place: China - US$ 12.2 billion European Union - US$ 4.8 billion United States - US$ 3.4 billion ASEAN - US$ 2.2 billion Middle East - US$ 1.3 billion Africa - US$ 1.2 billion Canada - US$ 647 million Mexico - US$ 821 million Mercosur - US$ 2.1 billion Central America and the Caribbean - US$ 634 million
