Data release: 08/05/2022
During the 1H 2022, the exchange flow market remained positive around US$ 19.1 billion, with an inflow of US$ 27.6 billion on the commercial segment, and an outflow of US$ 8.5 billion on the financial segment.
In the same period, there was an inflow of US$ 10 billion of foreign resources in the B3 Stock exchange, mismatching the outflow of the financial segment.
The differential between the exports as a FX operation and the physical exports was US$ 21 billion negative on the first half of the year. Last year, exporters did not internalize about US$ 55.6 billion. Analyzing the differential between the physical trade balance and the commercial segment FX flow balance – an alternative metrics to analyze – we conclude that US$ 6 billion in resources have not been internalized.