Industry Grows 4.4% in Brazil in February

Eleven of the 14 Brazilian regions researched by the Brazilian Institute of Geography and Statistics (IBGE) presented an increase in the industrial production in February.

In the states of Amazonas, in the north of Brazil; Santa Catarina, in the south; Ceará, in the northeastern region of the country and the states of São Paulo and Minas Gerais, in the southeast, the production increase was above the national average of 4.4%.


The states that showed an increase below the Brazilian average were Pernambuco, Bahia, Paraná and Goiás. Three states showed a drop in the production: Espí­rito Santo, Rio Grande do Sul and Rio de Janeiro.


The negative value presented by Rio Grande do Sul was mainly due to the collapse of the soy crop, which hindered the purchase of agriculture machinery.


Exports to Arabs


Brazilian agribusiness exports to the Arab countries generated US$ 683.9 million in the first quarter of this year, a 5.6% increase in comparison to the same period in 2004, when shipping totalled US$ 647.7 million. The value is equivalent to over 76% of total Brazilian exports to the region.


According to information supplied today by the Ministry of Agriculture, Saudi Arabia was the main destination for Brazilian agricultural products among the countries in the region, followed by Egypt, the United Arab Emirates, Algeria, Morocco and Yemen.


In the month of March alone, there was an 11.2% reduction in exports to the Arab world, US$ 269.3 million in March 2004 to US$ 239 million in the same month this year. The main destinations were, in this order, Saudi Arabia, the United Arab Emirates, Egypt, Algeria, Morocco and Yemen.


Anba

Tags:

You May Also Like

Brazil’s Lula Confesses: I Have No Sins

Brazilian President Luiz Inácio Lula da Silva said Friday, April 8, in an interview ...

Brazilian first astronaut aboard the Soyuz space capsule

Brazil’s First Astronaut Is in Orbit

Brazil’s first astronaut, Air Force Lt. Col. Márcio Pontes, and two other astronauts, an ...

After the Fall of 4 Ministers in 2 Months Brazilians Wonder Whose Head Will Roll Next

Brazil’s minister of Agriculture, Wagner Rossi, sent a letter of resignation to president Dilma ...

Jazz Great Brazilian Eliane Elias Wishes to Perform in Brazil. If Only They Invited Her

Over a career that has spanned almost three decades as a recording artist, Brazilian-born ...

Brazil Petrobras to Invest US$ 69 Billion up to 2012

Brazilian state-controlled oil and gas multinational Petrobras has just started producing oil in the ...

Brazil Loses US$ 230 Billion a Year or 1/3 of GDP to Piracy

The secretary of Economic Rights in Brazil’s Ministry of Justice, Daniel Goldberg, reaffirmed, Thursday, ...

Celso Furtado: He Thought of Brazil as Brazilian

At a recent meeting in Alexandria, an Egyptian professor asked a question:  In the ...

Brazil: What Lula Needs Now Is Guts

Brazil has the resources, it knows how to proceed, and has leadership that is ...

Brazilian House of Representatives

By Almost Doubling Their Salaries Brazilian Congress Demoralized Democracy

Eduardo Bueno is a well-known Brazilian historian with the rare quality of also being ...

The New Orleans-Brazil Jam

For 22 years Katrina Geenen has been hosting "Tudo Bem," a New Orleans’ radio ...