Exports Way Up in Brazil

The year’s accumulated surplus on the Brazilian trade balance has already
beaten an historic record, outdoing even last year’s total surplus.

According to information from the Foreign Trade Secretariat (Secex), up to the 4th week in September, the accumulated value was of US$ 24.888 billion, result of US$ 68.807 billion in exports and US$ 43.919 billion in imports.


During the whole of 2003, the registered surplus was of US$ 24.794 billion, result of export shipments worth US$ 73.084 billion and US$ 48.29 billion worth of imports.


According to information on Agência Brasil, the official Brazilian news agency, the value registered up to the 4th week of September is 41.84% greater than the accumulated surplus for the same period in 2003, which was of US$ 17.543 billion.


Based on these numbers, the Brazilian Central Bank disclosed September 27 a weekly research, put together with the exporting sector, which increased surplus forecast from US$ 31.5 billion to US$ 32 billion until the end of the year.


According to Agência Brasil, this result was achieved because of the 4th week in September, where the country exported US$ 2.214 billion and imported US$ 1.292 billion, generating a surplus of US$ 922 million.


The daily average in September, in comparison to the same month last year, increased by 32.5% in exports and by 26.5% in imports.


During the week there was an increase in sales of manufactured products such as plane iron and steel plates, aeroplanes, frozen orange juice, ethylic alcohol, cargo vehicles, transmitter and receiver appliances amongst others; and basic products such as soy grains, iron ore, soy chaff, cattle beef, coffee and cotton.


There was, however, a decrease in semi-manufactured goods shipments by 12%.


During the month, the trade balance remained favourable to the country, up to now, by US$ 2.939 billion, result of US$ 7.452 billion in exports and US$ 4.513 in imports.


In comparison to August 2004, there was an increase in exports by 6.5% on the daily average, and of 3,9 on the imports daily average.


During September there was an increase in exports in all three product categories (manufactured, semi-manufactured and basic).


ANBA – Brazil-Arab News Agency

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