Brazil’s Surplus Is Already US$ 7 Billion for the Year

Brazilian exports have yielded US$ 21.015 billion between the beginning of the year and last week, where imports added up to US$ 13.924 billion, which resulted in a surplus of US$ 7.091 billion for Brazil.

In the third week of March, the surplus registered was of US$ 683 million, due to shipments of US$ 2.042 billion and external purchases of US$ 1.36 billion.


The information was disclosed yesterday, March 21, by the Brazilian Ministry of Development, Industry and Foreign Trade.


For the month, the value of exports reached US$ 5.815 billion, of imports US$ 3.694 billion and the surplus resulted in US$ 2,121 billion.


There was an increase in 20.5% in the exports daily average in comparison to March last year.


The performance for the month was driven by an increase in 44.7% in sales of semi-manufactured products, especially crude sugar, cast iron, semi-manufactured iron and steel products, sawed wood and iron alloys.


In the manufactured goods category there was an increase in 25.9% in shipments, due to products such as metal wires used in the manufacture of steel cables, wires, screws, nails, springs, etc; transmitting and receiving devices, fuel oils, pumps and compressors, auto parts and engines for vehicles.


Anba

Tags:

You May Also Like

Communist Aldo Rebelo is Brazil's House speaker

Brazil’s Strange Idea of Democracy

Brazil had a new president for a day on November 13, 2006, a communist ...

Chavez Has Big Dreams for LatAm and Bets on Brazil Lula’s Reelection

Venezuela’s president Hugo Chavez said in Cordoba, Argentina, where he went for a summit ...

Brazilian Jewel Makers Go to Past for Inspiration

In 2005, the Brazilian jewelry sector earned US$ 100 million in exports of finished ...

Brazilian Consumers Confidence in the Economy Is Up by 4%

Brazil's Consumer Confidence Index (ICC) rose 4.1% in June, increasing from 102.2 points, in ...

Brazil Says North Korea Has No Excuse to Blast Its A-Bomb

The Brazilian government "vehemently" condemned today the nuclear test announced by North Korea. Brazil’s ...

Brazil to Impose Over US$ 4 Billion in Trade Sanctions Against US

Brazil wants to adopt a US$ 3 billion trade restriction against the United States ...

Brazil’s Old-Time Watering Holes Botequins Go Digital

Ya Mogu, a Brazilian based digital signage company has started a bar network based ...

Interest Rate Hikes Not Reining In Brazil’s Inflation

Brazilian inflation remains strong in spite of the extremely tight monetary policy with the ...

In Brazil Our Solutions May Be Creative, But They Are Also Stupid and Unjust

Brazil is a country that is highly creative in social politics, finding ways to ...

A Cinematic Sensibility

Rich and powerful to the point of arrogance, when it cannot beat the competition, ...