Brazil - Real Net Exports

Brazil: Real Net Exports

Mnemonic	NETEX$.IBRA
Unit	Ch. Vol. Index 1995=100, NSA
Adjustments	Not Seasonally Adjusted
	Quarterly	5.42 %
Data	2020 Q4	298.8
	2020 Q3	315.91

Series Information

Source	Brazilian Institute of Geography and Statistics (IBGE)
Release	National Accounts
Frequency	Quarterly
Start Date	3/31/1996
End Date	12/31/2020

Brazil: Trade

	Reference	Last	Previous	Units	Frequency
Balance of Goods	Jan 2021	-1,910	-881.64	Mil. USD, NSA	Monthly
Current Account Balance	Jan 2021	-7,253	-5,288	Mil. USD, NSA	Monthly
Exports of Goods	Jan 2021	14,954	18,601	Mil. USD, NSA	Monthly
Imports of Goods	Jan 2021	16,864	19,482	Mil. USD, NSA	Monthly
Exports of Goods and Services	2020 Q4	334,775	336,965	Mil. BRL, NSA	Quarterly
Imports of Goods and Services	2020 Q4	336,393	272,610	Mil. BRL, NSA	Quarterly
Net Exports	2020 Q4	-1,618	64,355	Mil. BRL, NSA	Quarterly
Real Exports of Goods and Services	2020 Q4	296.12	300.21	Ch. Vol. Index 1995=100, SA	Quarterly
Real Imports of Goods and Services	2020 Q4	241.05	197.55	Ch. Vol. Index 1995=100, SA	Quarterly
Real Net Exports	2020 Q4	298.8	315.91	Ch. Vol. Index 1995=100, NSA	Quarterly

Release Information

Description

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.

Methodology

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.

Revisions

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