Brazilian Exports Exceed Imports, Country's Surplus Reached US$62 Billion in 2022, According to FGV

Brazilian Exports Exceed Imports, Country’s Surplus Reached US$62 Billion in 2022, According to FGV

Written by Bruno Teles

Published on 17/01/2023 at 17:05

Exportação brasileira vem superando importações (Foto/divulgação)

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The Value Exported By Brazil In Recent Years Totaled Increased By About 19.1%, While The Value Of Imports Was 34.3% Greater Than That Registered In 2021. Nonetheless, The Brazilian Trade Balance Ended The Year With US$ 61.8 Billion In Surplus, At A Level Slightly Higher Than The US$ 61.4 Billion In 2021.

This Data Was Released This Monday (16) By The Brazilian Institute Of Economics Of The Getulio Vargas Foundation (FGV/Ibre), In The External Trade Indicator (Icomex). The Surplus Of The Extractive Industry Decreased From US$ 63 Billion In 2021 To About US$ 45.5 Billion In 2022, With The Sector Responsible For 22.8% Of The Country’s Exports. The Industry Of Transformations Experienced An Increase In Deficit From US$ 45.3 Billion To US$ 48.5 Billion, Accounting For About 55.7% Of The Brazilian Total.

“Agricultural Supply Restrictions Associated With The War In Ukraine And Climate Issues Increased Agricultural Prices, As The Increase In Export Volume Was 2.6% Lower Than That Of The Transformations Industry. In The Extractive Sector, Prices And Export Volumes Declined Due To Poor Iron Ore Performance. The Deficit In The Transformation Industry Has Been Recurring In Brazil’s Trade Balance Since 2009,” Explained FGV/Ibre.

Global Scenario

For This Year, The Institute Projects A Slower Growth Of The Global Economy, With Brazil’s Expansion Rate Below 1%, Along With Reductions In Both Exports And Imports.

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Brazilian Exports Exceed Imports, Country’s Surplus Reached US$62 Billion in 2022, According to FGV

Global Scenario

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Brazilian Exports Exceed Imports, Country’s Surplus Reached US$62 Billion in 2022, According to FGV

Global Scenario

A giant printer called the “Ferrari” of concrete has landed in Latin America and can already build a 120-square-meter house in just 48 hours, making the traditional construction site look like something from the last century.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

Great Atlantic Sargassum Belt has ceased to be a climatic phenomenon and has become a biological system that feeds on itself, with 8,000 kilometers in length, 37 million tons of algae, and scientists confirm that it is now permanent.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

Engineers had to pour concrete mixed with tons of ice throughout entire nights in the Dubai desert to erect the Burj Khalifa; any carelessness could clog the pipes half a mile high.

The James Webb telescope spotted a planet 700 light-years from Earth with mornings full of sand clouds and nights with clear skies, the temperature difference between the two hemispheres reaches an impressive 170 degrees.

After nearly three decades and more than 1 million cars produced, Toyota will close the historic Indaiatuba plant on June 30 and concentrate Corolla production in Sorocaba, as part of an R$ 11 billion plan that heavily invests in flex hybrids and even an unprecedented pickup.

The number of Brazilian meatpacking plants with suspended meat sales to China rises to five, after the Chinese blocked the JBS unit in Vilhena due to the presence of hormones in the shipments, adding extra pressure on the sector on the eve of the 2026 export quota being exhausted.

How much does it cost to live with dignity in Brazil? A study found that in all 79 regions analyzed, the necessary salary was above the minimum of R$ 1,621. In São Paulo, a family of four needs R$ 6,155 per month.

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The race of humanoid robots in factories has truly begun, Hyundai announced that it will deploy more than 25,000 units of Atlas in its production lines starting in 2028, in a partnership that involves Boston Dynamics and training with Google DeepMind.

After nearly three decades and more than 1 million cars produced, Toyota will close the historic Indaiatuba plant on June 30 and concentrate Corolla production in Sorocaba, as part of an R$ 11 billion plan that heavily invests in flex hybrids and even an unprecedented pickup.

The number of Brazilian meatpacking plants with suspended meat sales to China rises to five, after the Chinese blocked the JBS unit in Vilhena due to the presence of hormones in the shipments, adding extra pressure on the sector on the eve of the 2026 export quota being exhausted.

How much does it cost to live with dignity in Brazil? A study found that in all 79 regions analyzed, the necessary salary was above the minimum of R$ 1,621. In São Paulo, a family of four needs R$ 6,155 per month.