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Brazil Exports Grow 31%

Brazilian exports yielded US$ 16.892 billion from the beginning of the year to the first week in March. Imports added up to US$ 11.312 billion, which resulted in a trade surplus of US$ 5.580 billion, against US$ 3.956 billion registered in the period last year.

According to information released yesterday by Brazil’s Ministry of Development, Industry and Foreign Trade, there was an increase in 31.4% in the exports daily average and of 25.8% in the imports average, in comparison to the same period in 2004.


Last week, the shipments of Brazilian products added up to US$ 1.692 billion and external purchases to US$ 1.082 billion, resulting in a surplus of US$ 610 million, the fourth greatest weekly surplus of the year.


The exports daily average increased 22.7% in relation to March last year, and the average in imports increased 16.4%.


The sales of semi manufactured goods, such as cast iron, crude sugar, iron and steel semi manufactured products and sawed woods, and the manufactured goods, such as receiving and transmitting sets, tractors, pumps and compressors, were the products that contributed the most to last week’s performance.


Anba

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