Brazil - Net Exports





Brazil: Net Exports

Mnemonic NETEX.IBRA
Unit Mil. BRL, NSA
Adjustments Not Seasonally Adjusted
Quarterly 1490.23 %
Data 2021 Q1 -25,730
2020 Q4 -1,618

Series Information

Source Brazilian Institute of Geography and Statistics (IBGE)
Release National Accounts
Frequency Quarterly
Start Date 3/31/1995
End Date 3/31/2021

Brazil: Trade

Reference Last Previous Units Frequency
Balance of Goods May 2021 8,129 8,776 Mil. USD, NSA Monthly
Current Account Balance May 2021 3,840 5,359 Mil. USD, NSA Monthly
Exports of Goods May 2021 27,152 26,206 Mil. USD, NSA Monthly
Imports of Goods May 2021 19,023 17,430 Mil. USD, NSA Monthly
Exports of Goods and Services 2021 Q1 360,480 334,775 Mil. BRL, NSA Quarterly
Imports of Goods and Services 2021 Q1 386,210 336,393 Mil. BRL, NSA Quarterly
Net Exports 2021 Q1 -25,730 -1,618 Mil. BRL, NSA Quarterly
Real Exports of Goods and Services 2021 Q1 308.68 297.77 Ch. Vol. Index 1995=100, SA Quarterly
Real Imports of Goods and Services 2021 Q1 267.86 240.05 Ch. Vol. Index 1995=100, SA Quarterly
Real Net Exports 2021 Q1 285.29 298.8 Ch. Vol. Index 1995=100, NSA Quarterly

Release Information

The Brazilian Institute of Geography and Statistics (IBGE)  reports quarterly GDP statistics. The data set includes industry level gross value added (production approach) at current prices and as chained volume indexes. Net taxes on products, GDP, consumer expenditure, government expenditure, gross fixed capital formation, changes in stock, imports, and exports are calculated using the expenditure approach. 

Figures are chained volume indexes set to 1995=100 (Ch. Vol. Index 1995=100). The data is also available at current prices (Mil. BRL). Series available as seasonally adjusted (SA) and not seasonally adjusted (NSA). 

Valuation is GDP at market prices ("PIB pm" or "produto interno bruto a preço de mercado"). Market prices are used to valuate flows and stocks in the Brazilian national accounts. Output is valued at basic prices, and intermediate consumption is valued at purchase prices excluding the deductible part of the value-added taxes. Total exports and imports are valued on a f.o.b. basis. Transactions in foreign currency are converted to the national currency using the mid-point between the selling and buying exchange rate, thus excluding the financial service from the value of exports.

The active framework is the UN System of National Accounts, SNA 2008. Discontinued series exist under SNA 1993.

The industry classification is NACE Rev. 2. Discontinued series are available under NACE Rev. 1.0.

In March 2007, a revision of the national accounts series were done introducing new data sources and updating concepts establishing 2000 as a new reference year.

No systematic revisions are made, but quarterly data are adjusted to annual data using a benchmarking procedure.