For First Time Ever Brazil’s Exports Surpass US$ 250 Billion

Brazzil Magazine covers

Port of Santos, in São Paulo, Brazil Brazilian exports exceeded for the first time, the mark of US$ 250 billion this year, according to figures released today, December 26, by the Ministry of Development, Industry and Foreign Trade. The record volume of US$ 250.3 billion recorded between January and the fourth week of December is 24% higher than in the past year, which had been 201.9 billion.

The surplus registered in the Brazilian trade balance between December 19th and 25th reached US$ 740 million. In the period, exports totaled US$ 5.286 billion and imports, US$ 4.546 billion. Bilateral trade (added exports and imports) reached US$ 9.832 billion.

According to the Ministry, in the 17 working days of the month (from December 1st to 23rd, Brazil shipped US$ 16.241 billion in products abroad, with a daily average of US$ 965.9 million. In comparison with the same period in 2010, when the country shipped abroad US$ 909.5 million in products each working day, the growth was 6.2%.

The daily import average this month is also greater than in the same period in 2010. Brazil purchased US$ 15.551 billion, or US$ 914.8 million a day. The growth registered by the Ministry was 35.1% over the US$ 677.1 million imported daily by Brazil in December 2010.

Imports and exports grew this year (with figures up to December 23rd) in comparison with the same period in 2010. However, they dropped in comparison with November 2011, when daily exports had totaled US$ 1.088 billion and imports, US$ 1.059 billion. The reductions identified were 11.3% and 13.7%, respectively, in comparison with November.

In the accumulated result for December, the trade balance favorable for Brazil was US$ 870 million. This year, the result is also positive. Exports have already reached US$ 250.333 billion, (with a daily average of US$ 1.017 billion) representing growth of 43.1% over the same period in 2010.

Imports also rose and reached a high of 24.7%, with a daily average of US$ 908.5 million imported per day. In the accumulated result for the year, the total is US$ 223.489 billion.

ABr

Tags:

You May Also Like

Brazzil Magazine covers

Brazil Domestic Demand Heats Up and Industry Grows 6%

Brazil's industry ended the first ten months of 2007 with an accumulated growth rate ...

Brazzil Magazine covers

A EU Warning to Brazil and G20: Open Your Markets If You Want End to Subsidies

No agreement can be reached in agriculture in the WTO (World Trade Organization) talks ...

Brazzil Magazine covers

Brazil President Meets with Plaza de Mayo Mothers in Buenos Aires

Brazilian president Dilma Rousseff in her first overseas trip as chief of state ratified ...

Brazzil Magazine covers

Brazil to Ban Glamour and Sex in Drinking Ads

The Brazilian federal government intends to be tougher with rules on advertising for alcoholic ...

Brazzil Magazine covers

Brazil Gets Pet Love Motel to Be Rented by the Hour with Mirrors on the Ceiling

Brazil is home to a 32-million-strong canine population the world’s second largest after the ...

Brazzil Magazine covers

For Lula, Chavez, Morales, Brazil and LatAm Obama’s Win Shows Change Has Come

In Brazil, Venezuela, Bolivia, Argentina, Chile, leaders across Latinamerica are welcoming the election of ...