Brazil Exports

Exports in Brazil increased to 17628 USD Million in March of 2014 from 15933.83 USD Million in February of 2014. Exports in Brazil is reported by the Ministério do Desenvolvimento, Indústria e Comércio Exterior. Exports in Brazil averaged 4020.29 USD Million from 1954 until 2014, reaching an all time high of 26158.51 USD Million in August of 2011 and a record low of 75.06 USD Million in January of 1965. Brazil has an export-oriented economy. Brazil is the world´s largest exporter of soybean (41 percent of world´s exports) and of orange juice (55 percent of world´s exports) and accounts for 35 percent of global exports of raw cane and refined sugar. Other exports include: iron ore and concentrates (13 percent), oil (8 percent), raw sugar (4 percent) and coffee (2.4 percent). Main exports partners are China (17 percent of total exports) and United States (11 percent). Others include: Argentina, Netherlands, Japan, Germany and India. This page provides - Brazil Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-23

Actual Previous Highest Lowest Forecast Dates Unit Frequency
17628.00 15933.83 26158.51 75.06 17127.35 | 2014/04 1954 - 2014 USD Million Monthly


Brazil Exports

CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2013-03-01 06:00 PM Brazil
Feb 2013 USD 15551M USD 15967M

Trade Last Previous Highest Lowest Forecast Unit
Current Account to GDP -3.66 2013-12-31 -2.40 1.80 -8.20 -2.66 2014-06-30 Percent [+]
Capital Flows 7626.80 2014-02-15 13936.00 16811.30 -16639.20 7932.14 2014-03-31 USD Million [+]
Crude Oil Production 2079.00 2013-10-15 2094.00 2231.00 330.00 2055.76 2013-11-30 Thousands Barrels per Day [+]
External Debt 312021.72 2013-12-31 309859.83 321712.30 64259.50 307975.86 2014-03-31 USD Million [+]
Foreign Direct Investment 4131.90 2014-02-15 5097.70 15374.35 -22.15 5986.39 2014-03-31 USD Million [+]
Gold Reserves 67.20 2013-12-31 67.20 119.01 31.99 Tonnes [+]
Remittances 1989.00 2012-12-31 1974.00 6411.00 1974.00 1997.96 2013-12-31 USD Million [+]
Terms of Trade 116.81 2014-02-15 120.78 132.64 64.71 117.27 2014-03-31 Index Points [+]
Current Account -7445.00 2014-02-28 -11590.00 3068.40 -11590.00 -8043.71 2014-03-31 USD Million [+]
Exports 17628.00 2014-03-15 15933.83 26158.51 75.06 17127.35 2014-04-30 USD Million [+]
Imports 17516.00 2014-03-15 18058.94 23045.45 67.00 20183.26 2014-04-30 USD Million [+]
Balance of Trade 112.00 2014-03-15 -2125.11 5659.37 -4058.14 -170.65 2014-04-30 USD Million [+]

Exports | Notes
Exports measure the amount of goods or services that domestic producers provide to foreign consumers by. It is a good that is sent to another country for sale. In the past, export of commercial quantities of goods normally required involvement of the customs authorities in both the country of export and the country of import. More recently, with the advent of small trades over the internet such as through Amazon and e-Bay, exports have largely bypassed the involvement of Customs in many countries due to the low individual values of these trades. Nonetheless, these small exports are still subject to legal restrictions applied by the country of export.


Brazil Unemployment Rate Down to 5%  
In March of 2014, Brazil’s jobless rate fell by 0.1 percentage point to 5 percent, below market forecasts. A year earlier, unemployment reached 5.7 percent.
Brazil Inflation Rate Up to 8-Month High  
In March of 2014, Brazilian annual consumer prices accelerated to 6.15 percent from 5.68 percent in the previous month. On a monthly basis, prices rose 0.92 percent as a severe drought raised food cost.
Brazil Raises Selic Rate to 11%  
At its April 2nd, 2014 meeting, the Central Bank of Brazil raised the benchmark interest rate by 25 bps to 11 percent, as widely expected, after a surge in food prices.
Brazil Posts Trade Surplus in March  
Brazilian trade balance turned into a USD 112 million surplus in March of 2014, following two straight monthly deficits, but still it was the lowest surplus for any March month in the last thirteen years.
Brazil Unemployment Rate Up to 4-Month High  
In February of 2014, Brazilian jobless rate rose for the second straight month to 5.1 percent, up from 4.8 percent in the previous month. Despite the rise, it is the lowest-ever rate for any February month and compares with 5.6 percent a year earlier.
Brazil Inflation Rate Rises Above Forecasts  
In February of 2014, Brazilian annual inflation rate accelerated to 5.68 percent from 5.59 percent in the previous month. On a monthly basis, prices rose to 0.69 percent due to higher housing rents and school fees.
Brazil Posts Trade Deficit for 2nd Straight Month  
In February of 2014, Brazilian trade balance turned into a USD 2.125 billion deficit, down from a USD 4.06 billion gap reported in the previous month but up 66 percent from February of 2013.
Brazil Returns to Growth in Q4  
In the fourth quarter of 2013, Brazilian GDP advanced 0.7 percent on a quarter-on-quarter seasonally adjusted basis, recovering from a 0.5 percent contraction in the previous period, boosted by the services sector.
Brazil GDP Growth Beats Expectations in Q4  
In the last three months of 2013, Brazilian economy advanced 1.9 percent over a year earlier, beating market expectations, but slowing from a 2.2 percent expansion in the previous quarter. Recession fears were allayed as the economy advanced 0.7 percent on a quarter basis.
Brazil Raises Interest Rate to 10.75%  
At its February 26th, 2014 meeting, Central Bank of Brazil decided to raise the benchmark interest rate for the second straight time by 25 bps to 10.75 percent, as widely expected.


Bank of Thailand Leaves Interest Rate Unchanged  
At its April 23rd, 2014 meeting, the Monetary Policy Committee left the benchmark interest rate on hold at 2.0 percent. Policymakers expect 2014 growth to be lower than previous assessed due to prolonged political unrest.
South Africa Inflation Rate Back to 6%  
South African annual consumer prices accelerated for the fourth straight month in March of 2014 to a six-month high 6 percent. On a monthly basis, prices advanced 1.3 percent, the fastest pace in five years.
Singapore Inflation Rate Edges Up in March  
Annual consumer prices rose 1.2 percent in March of 2014, up from a 0.4 percent increase in February, mainly due to a smaller fall in car prices. Contributions from all other major categories, except accommodation, were also slightly higher.
Australia Inflation Rate Accelerates Further in Q1  
Australian annual consumer prices advanced 2.9 percent in the first three months of 2014, up from 2.7 percent in the previous quarter, but below market forecasts. The rise was driven by seasonal increases in cost of healthcare, transport and school fees, and by a large hike in tobacco duties.
Mexico Unemployment Rate Up to 4.8% in March  
Mexican unadjusted jobless rate rose to 4.8 percent in March of 2014, up from 4.65 percent in February and 4.51 percent a year earlier. Upon seasonal adjustment, the unemployment rate rose to its highest in more than one year to 5.25 percent.
Hong Kong Unemployment Rate Unchanged in March  
Hong Kong’ seasonally adjusted jobless rate remained steady at 3.1 percent for the third consecutive period in January to March of 2014, down from 3.5 percent a year earlier.
Hong Kong Inflation Rate Unchanged in March  
Hong Kong annual consumer prices rose 3.9 percent in March of 2014, the same rate recorded in February. In the first quarter of 2014, the inflation rate rose by 4.2 percent over a year earlier. The corresponding increase after netting out the effects of all Government's one-off relief measures was 3.8 percent.
China Cuts Reserve Ratio for Rural Banks  
The People's Bank of China decided to cut the reserve requirement ratio by 2 percentage points for rural commercial banks and by 0.5 percentage point for rural credit cooperatives, aiming to stimulate growth in some parts of the country. The cut will be effective from April 25th, 2014.
Japanese Trade Deficit Widens in March  
Japan’s trade gap increased to a wider-than-expected ¥ 1446.3 billion in March of 2014, up from a revised ¥ 802.5 billion deficit in the previous month and a ¥ 356.9 billion gap a year earlier, as energy imports continued to rise.
Chile Leaves Monetary Policy Unchanged  
At its April 17th, 2014 meeting, Central Bank of Chile left the benchmark interest rate on hold at 4 percent, following last month's cut, citing low output and demand, but hinted possible future rate cuts, depending on domestic and external conditions.

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