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This article aims to analyze the Brazilian's trade balance behavior, in the period from 2000 to 2014. Tried to understand the main factors that contributed positively to the evolution of the balance: the price’s growth, external demand for commodities and the world economy’s growth. The analysis highlights the export performance of the country in a context of flexible exchange rate, compared to movements of appreciation and depreciation of the domestic currency during the study period. The results show that Brazilian industries exporters seem to be benefited by periods of currency appreciation. Furthermore, it was demonstrated that the country’s export list is increasingly concentrated in basic products, which may be detrimental to its momentum in the future.

EXPORTAÇÕES, BALANÇA COMERCIAL E TAXA DE CÂMBIO NO BRASIL: UMA ANÁLISE DO PERÍODO 2000-2012