So far in January, the Brazilian trade balance recorded a surplus of about US$ 2.102 billion, a result of exports of US$ 16.3 billion and imports of about US$ 14.2 billion. Its trade flow was around US$ 30.5 billion. These data were released by the Ministry of Development, Industry, Trade and Services.
Up to this third week of January 2023, compared to January of the previous year, exports grew by 15.4%. Meanwhile, imports grew by 0.2%. As a result, the trade balance recorded a surplus of US$ 2.10 billion, and trade flow grew by 7.8%, reaching US$ 30.50 billion.
As of this current week in January 2023, the performance of the sectors was as follows: a growth of 5.5% in Agriculture, totaling US$ 2.50 billion; a growth of 34.1% in Extractive Industry, reaching US$ 4.07 billion; and finally, a growth of 11.6% in Transformation Industry, which reached US$ 9.66 billion. This combination of results led to an increase in total exports.
The expansion of exports was driven mainly by the growth in sales of the following products: Rough rice, paddy or unprocessed (380.7%), Unmilled corn, except sweet corn (154.9%), and oilseeds such as sunflower, sesame, canola, cotton, and others (1,063.3%) in Agriculture; Other crude minerals (189.9%), Nickel ore and its concentrates (135.1%), and Crude oils of petroleum and bituminous minerals (58.9%) in Extractive Industry; Poultry meat and its edible offal, fresh, chilled, or frozen (38.2%), Sugars and molasses (45.8%), and Petroleum or bituminous mineral fuel oils (excluding crude oils) (21.8%) in Transformation Industry.
-
Change in INSS reduces waiting time from 45 to 30 days, prioritizes pensions, revisions, and BPC, and could expedite over 100,000 stalled processes, while employees receive productivity bonuses and the government attempts to reduce a backlog that still exceeds 2.1 million requests.
-
For the first time in history, solar and wind energy generated more electricity than natural gas worldwide in a single month, April 2026, a milestone in the energy transition that shows renewable sources taking the lead in the global electric system.
-
Petrobras is expected to complete the drilling of the Morpho well in the Foz do Amazonas in August 2026, the first well in the Equatorial Margin, an oil frontier that the ANP estimates at more than 30 billion barrels and could redraw the map of Brazil.
-
Government confirms sin tax for 2027 and explains why alcoholic beverages and cigarettes should not become more expensive right away, despite the new tax also covering soft drinks, polluting vehicles, mineral extraction, lotteries, betting, and fantasy sports games in a change that still depends on Congress.
By the beginning of January 2023, the performance of imports by economic activity sectors was as follows: a growth of 31.2% in Agriculture, totaling US$ 0.34 billion; a decrease of about -25.0% in Extractive Industries, which reached US$ 1.31 billion; and finally, a growth of around 4.7% in Transformation Industry, which reached US$ 12.49 billion. The combinations of these results fueled optimism for the increase in imports.
Although the result of imports showed growth, the following products saw a decrease: Unmilled corn, except sweet corn (-18.2%), Soybean (-95%), and Latex, natural rubber, balata, gutta-percha, guaiúle, chicle, and natural gums (-41.6%) in Agriculture; Iron ore and its concentrates (-99.9%), Coal, even in powder but not agglomerated (-36.8%), and Natural gas, liquefied or not (-85.3%) in Extractive Industry; Petroleum or bituminous mining fuel oils (excluding crude oil) (-15.5%), Parts and accessories (except cases, covers, and similar) for data processing machines or office machines (-58%), and telecommunications equipment, including parts and accessories (-14.4%) in Transformation Industry.

Be the first to react!