• Categories
  • Archives

Surplus Times Are Gone. Brazil’s Trade Balance in the Red

Brazilian cargo truck Exports from Brazil in the third week of January totaled US$ 2.276 billion (daily average of US$ 455.2 million) and imports totaled US$ 2.654 billion (daily average of US$ 530.8 million), according to figures supplied by the Brazilian Ministry of Development, Industry and Foreign Trade.

With the result, the balance of trade (exports minus imports) showed a deficit of US$ 378 million. During that period, bilateral trade (exports plus imports) reached US$ 4.930 billion.

According to the Ministry of Development, up until the third week of January, daily average exports saw a reduction of 21.2% over the average for January 2008 (US$ 603.5 million). In comparison with the daily average in December last year (US$ 628.1 million), there was a reduction of 24.2%.

Daily average imports until the third week of this month decreased by 9% over the average recorded in January 2008 (US$ 561.6 million) and by 2.3% over the daily average for December last year (US$ 523.5 million).

In the first eleven business days of 2009 – up until the third week – there was a trade deficit of US$ 390 million (daily average of minus US$ 35.5 million).

The figure represents a reduction of 184.6% over the 22 business days in January 2008 (US$ 41.9 million) and of 133.9% over the average daily result recorded in December last year (US$ 104.6 million).



  • Show Comments (0)

Your email address will not be published.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

Brazilian Names and Faces

Whatever your prejudices or opinions regarding race, ethnicity, eugenics, and miscegenation, you don’t know ...

The Karitianas live in the north of Brazil

Brazilian Indians Forced to Act as Police to Defend Their Land

The Karitiana people in the northern Brazilian state of Rondônia are being forced to ...

In Response to Paraguay’s Outcry Over Itaipu Brazil Offers US$ 1 Bi Loan

Brazil is planning to offer a financing package worth one billion US dollars for ...

Brazilian Missionaries Try to Understand Indian Religiosity

How can missionaries and religious people work with the indigenous people, whilst respecting their ...

Anti-Gun Crowd Takes to the Streets in Brazil

Around 15,000 people took part in the 9th March for Life, Peace and in ...

Brazilian Congressmen Told Americans Are to Blame for Boeing Tragedy

Brazilian Defense Minister, Waldir Pires, announced on Friday, November 10, that the preliminary report ...

Another All-Time High for Brazil’s Shares

Brazilian stocks climbed on a slump in global oil prices, taking Brazilian equities to ...

Illiteracy Rate in Some Brazilian States Runs from 20 to 30%

A 2004 survey found that Brazil’s illiteracy rate was 11.4%; that is, 11.4% of ...

President Rousseff Says Brazil Is Getting into Era of Prosperity with Drop in Inequality

According to Brazilian president Dilma Rousseff, Brazil is moving into an ‘era of prosperity’ ...

Brazil to Discuss Trade Tariff Reduction at Summit of South in Doha

The reduction of trade tariffs between developing countries will be one of the themes ...