Agribusiness Trade Balance

December 2, 2010
by Nader Chafi

Trade Balance and Brazilian Agribusiness Pauline January to October 2010

From January to October 2010, exports of the State of Paulo1 totaled $ 42.48 billion (26.0% of the national total) and imports, U.S. $ 55.75 billion (37.5% of the national total), registering a deficit of $ 13.27 billion. In the same period of 2009, the value of exports grew 23.6% in São Paulo and imports, 35.4%, with a significant increase in trade deficit (+95.1%). Comparing the period from January to October 2010 with 2009, increased exports from São Paulo (23.6%) was below the national average (29.7%), while in imports, the increase was also greater in Brazil (43.8%) than in São Paulo (35.4%). Thus, the conjunction of the performance of exports and imports, trade balance deficit Paulo had increased while that of Brazil's trade surplus decreased.

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