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Exports to the US grow 72% in May compared with 2018

Exports to the US grow 72% in May compared with 2018
17 de Junho de 2019   |   Market | Economy | Agribusiness | ports and airports | transportation & logistics

According to the Getulio Vargas Foundation (FGV) , the highlight was sales to the United States , which grew 72%in the month, compared to the same period of 2018. At the same time, exports to Argentina and China fell .


The increase in exports to the United States can be explained by the rise in crude oil sales oil ( 492% ) and iron and steel semi-manufactured goods ( 322% ) to that country.


The two products accounted for 24% of total exports from Brazil to the US market, reports the site UOL .


 
Brazilian imports - from all countries - grew 12.9% in May. The trade balance of the country was US $ 6.3 billionin the month.


In the year, exports fell 0.9% , while imports grew 1.8% . The accumulated balance is US $ 22.1 billion .

Source: Tarciso Morais Fundador e editor-chefe da RENOVA Mídia.


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