Agribusiness jumps 32.81% and sustains growth in exports in November.

In the third week of November, the trade balance recorded a surplus of US$1.8 billion and a trade flow of US$12.1 billion, resulting from exports worth US$17 billion and imports of US$15.1 billion. For the month, exports totaled US$11.2 billion and imports US$17.2 billion, with a positive balance of US$1.1 billion and a trade flow of US$18.4 billion.

For the year, exports totaled US$311 billion and imports US$254.5 billion, resulting in a positive balance of US$56.5 billion and a trade flow of US$565.5 billion. These and other results were released by the Foreign Trade Secretariat of the Ministry of Development, Industry, Trade and Services (Secex/MDIC).

In the monthly comparison of exports, comparing the averages up to the third week of November (US$ 1.5 billion) with the same month last year (US$ 1.5 billion), there was a growth of 3.5%. Regarding imports, there was a growth of 10.4% in the comparison between the averages up to the third week of November (US$ 1.2 billion) with the month of November 2024 (US$ 1.1 billion).

Thus, up to the third week of November, the average daily trade flow totaled US$2.7 billion and the balance, also on a daily average basis, was US$290.75 million. Comparing this period with the average for November 2024, there was a growth of 6.5% in the trade flow.

Exports and imports by sector

In the accumulated figures up to the third week of November, compared to the same month of the previous year, the performance of the sectors

Photo: Press release/TCP

The average daily export figures were as follows: growth of US$ 77.41 million (32.8%) in Agriculture and of US$ 31.21 million (3.8%) in Manufacturing products; there was a decrease of US$ 57.38 million (14.4%) in Extractive Industries.

In the accumulated figures up to the third week of November, compared to the same month of the previous year, the performance of the importing sectors by daily average was as follows: growth of US$ 117.85 million (11.6%) in products from the Manufacturing Industry; there was a decrease of US$ 0.74 million (3.3%) in Agriculture and of US$ 1.76 million (2.8%) in Extractive Industry.