The export value of Ceara reached 193.20 million US dollars in May. The number represents 45.1% growth Regarding the month of April, when 133.13 million USD was recorded. The good performance of the fruit segment helps explain the result.
The data from the Ceará Study on Comex, issued by the International Business Center (CIN) of the Confederation of Industries of the State of Ceará (Fiec), show that compared to May 2022, exports increased by 19.9%, exceeding the 161.14 million USD recorded in the period of the previous year .
It is a completely different scenario from the one recorded in April this year. While the losses in the annual comparison were in the range of 46.7%.
Ceara’s imports moved 311.89 million US dollars in May this year. An increase of 21.9% compared to April, but a decrease of 37.9% compared to May 2022.
Subscribe to O POVO +
Get access to all exclusive content, columnists, unlimited access, discounts in stores, drugstores and much more.
In the context of the trade balance of the Northeast, exports from Ceara participate significantly, accounting for 8.6% of the total accumulated for the year. At the national level, this participation is 0.6%.
While imports accounted for 11.5% of the total purchases for the Northeast region and 1.3% of the total for the whole country in the backlog for the year.
Among the Brazilian states, Ceará ranks 17th in terms of exports and 15th in terms of imports.
In this year’s consolidated result, Ceará’s trade balance recorded exports of $826.22 million, which is a decrease of 13.9% compared to the same period of the previous year.
On the other hand, imports totaled $1.31 billion, which was a significant decrease of 46.5% compared to the previous year. This resulted in a negative trade balance of $480.01 million, indicating a trade deficit for Sierra.
But the study considers that this deficit has decreased by 67.7% compared to the same period in the previous year.
These results highlight the dynamism of Ceara’s foreign trade, showing the expressive growth of exports in May 2023, driven by international demand for Ceara’s products. At the same time, the decline in imports may reflect a decrease in dependence on imported goods, which boosts domestic production and consumption,” the study emphasizes.
products
In 2023, 1,136 different types of products were exported from Ceará’s export basket. An increase of 2.1% compared to the same period of the previous year.
The most widely spread segment of operations is ‘Cast Iron, Iron and Steel’, which is responsible for handling $429.74 million in backlog for the year. However, the figure is 8.2% lower than the number recorded compared to the previous year. The main destination for these exports is the United States.
“Footwear, gaiters and similar items; their parts” are the second most visible items in Ceará’s export basket, totaling US$129.80 million between January and May 2023. “Rubber or plastic footwear, with uppers in straps or straps…” Notable products, with Imports mainly from Argentina and the United States.
As for exports of “fruit”; Citrus peels and watermelons”, which ranked third in the ranking, recorded a growth of 16.2%, with a total value of $63.92 million. Fresh cashews, melons and melons stand out with destinations such as the Netherlands, the UK and the US.
In imports: “Mineral fuels, mineral oils and their distillation products; bituminous materials and mineral wax” is the most important. Until May this year, an amount of 347.36 million USD was dealt with. Which represents a significant decrease of 71.4%.
The “Organic Chemical Products” sector recorded imports of USD 176.91 million, a decrease of 19.9%. China is emerging as a major supplier of these products.
interrupts
Until May 2023, the state of Ceará had 56 municipalities participating in exports, an increase of 1.8% compared to the same period of the previous year.
Of these, the highlight was São Gonçalo do Amarante, which led Ceará’s exports in 2023, with a value of US$495.25 million and a 57% share of total exports by the country.
Iron and steel products were the main items exported, with the United States and Mexico being two major destinations.
Capital Ceara recorded sales of US$60.12 million. The amount represents 6.9% of the total exports by the country. Compared to the 2022 combined result, there was a decrease of 11.8%. The United States and Portugal were the two main destinations for the exported products.
The order is reversed when it comes to importing. Fortaleza leads in purchases, as it is responsible for 26.4% of all imports by the country. However, there was a significant decrease of 64.3% in imports from the capital city of Ceará, totaling US$344.30 million.
The main imported products were from the “mineral fuels, mineral oils and products of their distillation” segment, with an emphasis on suppliers from the United States.
São Gonçalo do Amarante accounted for 21.6% of the state’s imports, with a decrease of 54.2% and total purchases of US$282.20 million. The municipality also had mineral fuels as a major requirement, especially from the United States.
More economic news
Doubts, reviews and suggestions? speak with us
tags
“Writer. Analyst. Avid travel maven. Devoted twitter guru. Unapologetic pop culture expert. General zombie enthusiast.”