Brazil Close to US$ 10 Billion in Exports a Month

The Brazilian trade balance ended the month of April breaking a record. Daily export revenues reached US$ 460 million, the greatest value registered in the country’s history.

In the month, exports totalled US$ 6.8 billion and imports US$ 3.8 billion, according to information supplied by the Ministry of Development, Industry and Foreign Trade. The trade surplus was US$ 3 billion.


“If we continue at this rhythm and count on the beginning of soy shipping, it is very possible that we may reach US$ 10 billion exported in a month,” stated the Foreign Trade secretary, Ivan Ramalho.


According to the secretary, manufactured products, with greater added value, were once again those that presented the strongest performance in the month.


Exports of these products totalled US$ 4.9 billion in the month, a growth of 56% in comparison to April last year.


The increase in sales took place, according to Ramalho, due to a greater volume shipped in the month, and not to higher prices.


In the case of basic products, price increases generated growth in export revenues. This group’s export revenues totalled US$ 2.8 billion, rising 49% over the same month in 2004. Coffee, for example, presented a growth of 62.7% in prices, pork, 41.7%, and sugar in bulk, 48.5%.


Some countries were more responsible for this good performance of Brazilian exports. Ecuador, for example, purchased 106% more, Uruguay, 89.3% and Venezuela, 87% more.


The Latin-American Integration Association (Aladi), which includes Uruguay, Argentina, Paraguay, Chile, Peru, Bolivia, Ecuador, Colombia, Venezuela and Mexico, apart from Brazil, surpassed the United States in terms of purchases.


Sales to the Aladi reached US$ 1.9 billion and to the United States, the total was US$ 1.7 billion.


Imports also reached a daily average record for the month of April, with US$ 266 million. Purchases of good rose 20.8%, those of capital goods 20.7%, and those of raw and intermediary materials, 19.6%. Imports of fuels and lubricants, in turn, dropped.


Anba

Tags:

  • 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Your email address will not be published.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.

Ads

You May Also Like

Brazil’s Rousseff Wins First Major Battle in Congress, Gets Minimum Wage She Wants

Brazil’s House of Representatives, in a session that lasted oven ten hours and ended ...

Brazil Betting Biodiesel Will Free It from Foreign Oil

Although Brazil is a big petroleum producer, it still has to import diesel for ...

Reasons of October

Lula came to power because the Brazilian Right lost its capacity to deceive the ...

Brazil Reduces Ethanol Added to Gas to Force Prices Down

The Brazilian government’s decision to reduce the sugarcane-based ethanol additive it puts in gasoline ...

Jacinaldo Silva, one of the victims of the Rio massacre

New Massacre of Youngsters in Brazil. Police Are Main Suspect

Five young men were murdered Saturday night in a school of Nova Iguaçu, in ...

Brazil Goes on the Offensive to Contain “Melting” Dollar

Brazilian market analysts project that by the end of the year the dollar should ...

Brazil Condemns London Terror Attack and Sends Condolence Message

Brazil’s Planalto Palace press office released the contents of a condolence message sent by ...

Brazil and the Mercosur Armed Forces

Brazilian Army’s equipment is in very bad shape. Abandoned for years and without resources, ...

Brazilian Aircraft Maker Embraer Sees no Recession in Middle East

Brazilian aircraft manufacturer Embraer does not forecast recession in the Middle East in 2009 ...