• Categories
  • Archives

Brazil’s Trade Surplus Falls 38%, the Worst in Five Years

A Brazilian cargo train from ALL It was the lowest result since 2003 for the Brazilian balance of trade this past year. Brazil ran a surplus (exports minus imports) of only US$ 24.735 billion in 2008. While exports reached US$ 197.942 billion imports totaled US$ 173.207 billion, according to information supplied by the Brazilian Ministry of Development, Industry and Foreign Trade.

The surplus is 38.2% lower than recorded in the previous year, of US$ 40.032 billion, when Brazilian foreign sales totaled US$ 160.649 billion and imports stood at US$ 120.617 billion.

In December, Brazil recorded a trade surplus of US$ 2.301 billion, as a result of US$ 13.818 billion in exports and US$ 11.517 billion in imports.

The surplus in December was 36.8% lower than recorded during the same period of 2007, when the trade surplus was US$ 3.639 billion, and 42.7% higher than the result for November 2008 (US$ 1.613 billion).

According to the weekly survey of the Central Bank of Brazil with market analysts, the Brazilian trade surplus should decrease a little further in 2009, to reach US$ 15 billion. The Central Bank, in turn, estimates the surplus for the year at US$ 14 billion.



  • Show Comments (2)

  • ch.c.

    Same for IMPORTS…of course.

  • ch.c.

    Always funny to read the Brazilian stats !
    To my knowledge Brazil currency and accounting is …NOT IN US$ !!!!

    Who has ever seen a EU stats, Swiss stats, Japanese stats, China stats, UK stats…..in US$…COMING FROM THEIR

    Brazil exports stats numbers are WRONG both when the Brl goes up or down against the US$ !


    Everything else is WRONG !


Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.


You May Also Like

Brazil and Turkey As Seen Through IMF Eyes

The First Deputy Managing Director of the IMF, Anne O. Krueger, talks about how ...

Brazil: Petrobras’s Gasoline Brand Gets 11% Boost But Car Production Falls

Brazil’s BR, brand gas station chain belonging to Petrobras Distribuidora, the distribution arm of ...

1 Million Gypsies Want Brazil to Make Room for Them and Their Culture

The Association for the Preservation of Gypsy Culture estimates that there are around one ...

Brazil Heading to Russia on a Business Trip

Vice president José Alencar leaves for Moscow today at the head of a mission ...

Brazil Ventures into Space with a Little Help from Russia, China and France

In 2006 Marcos Pontes, a Lieutenant Colonel in the Brazilian Air Force, became the ...

Without Fishing Tradition Brazil Gets Brand New Fisheries Ministry

Brazil's President, Luiz Inácio Lula da Silva, signed July 29, in the city of ...

Brazil Hosts Local Development Expo

Representatives of Brazil, Chile, Spain, Portugal, Mozambique, Guinea-Bissau, and Cape Verde, together with international ...

In Brazil, Arab League Chief Urges Israel to Leave Occupied Territories

The Secretary-General of the Arab League, Amre Moussa, declared that one of the aims ...

Brazil’s New President Skips Davos and Sends Foreign Minister Instead

Among the world leaders who have scheduled appearances for the World Economic Forum in ...

OECD Sees Brazil Growing 4.5% in 2010 and 2011

The Brazilian economy will experience a robust growth in 2010 and 2011, in the ...