Imports Rise and Exports Fall in Brazil

Brazzil Magazine covers

Brazil’s trade surplus (exports minus imports) amounted to US$ 985 million last week, 26.1% less than the previous week’s surplus of US$ 1.333 billion, which was an all-time record in terms of weekly results.

The shrinkage was caused by a 9.47% decline in exports and a 6.98% increase in imports. The country sold US$ 2.426 billion (as against US$ 2.680 billion the week before) and bought US$ 1.441 billion (as against US$ 1.347 billion).


The overall trade surplus stands at US$ 2.698 billion for the month and US$ 22.369 billion for the year, 34.10% more than the US$ 16.681 billion surplus registered during the same period last year.


Altogether, exports come to US$ 59.433 billion (up 23.8%), and imports, US$ 37.064 billion (up 18.4%).


These general figures were announced today by Brazil’s Ministry of Development, Industry, and Foreign Trade.


ABr

Tags:

You May Also Like

Brazzil Magazine covers

No Visas Required as Brazil and South America Create Friendly Community

The twelve countries which make up the South American Community of Nations signed Friday ...

Brazzil Magazine covers

Too Rich, Too Poor

In a list of 150 countries classified by the he Gini index—an indicator used ...

Brazzil Magazine covers

New Poll Shows Dilma 12 Points Ahead of Serra in Brazil’s Presidential Runoff

Dilma Rousseff, Brazil’s presidential candidate handpicked by Lula to succeed him, has widened her ...

Brazzil Magazine covers

Brazil Hikes Gas 10%, a First in Three Years

Brazil's Finance Minister, Guido Mantega, has just announced a 10% hike in the price ...

Brazzil Magazine covers

Multinationals Helped Brazil’s Dictatorship Intimidate and Kill Workers

Major US and European corporations collaborated intimately with Latin American military dictatorships in the ...

Brazzil Magazine covers

Brazil and Neighbors Warned by US to Think Twice Before Embracing Ahmadinejad

Hillary Clinton, the US Secretary of State, urged Latin American countries on Friday to ...