Brazil’s Foreign Trade Surplus Grows 30% in Semester to US$ 22.712 Billion

Brazzil Magazine covers

Brazilian exports yielded US$ 2.001 billion on the fourth week of July and imports, US$ 1.658 billion, which resulted in a surplus of US$ 343 million, the smallest weekly result in the month.

The information was released today by Brazil’s Ministry of Development, Industry and Foreign Trade.


During the month, shipments already yielded US$ 7.756 billion, the foreign purchases added up to US$ 4.715 billion and the surplus is at US$ 3.041 billion. There was an increase in 18.6% in the export average per business day in comparison to July 2004.


In relation to last month, the increase was of 4.5%. In relation to imports, the increase in the business day average was of US$ 17.3% in comparison to July last year, and of 5% in relation to June this year.


In the year’s accumulated value, revenues with exports reached US$ 61.434 billion, against US$ 50.183 billion in the same period last year. Imports added up to US$ 38.722 billion, against US$ 32.548 billion in the first seven months of 2004.


The surplus in the trade balance is positive for Brazil in US$ 22.712 billion, against US$ 17.635 billion in the period from January to July last year.


Anba

Tags:

You May Also Like

Brazzil Magazine covers

Brazilian Police Join US to Capture Colombian Drug Lords

Brazil’s Federal Police initiated, Tuesday, May 16, the Twin Oceans Operation, a simultaneous international ...

Brazzil Magazine covers

Brazil’s Misery Index Drops 2%: 25% Still Live Below Poverty Line

Brazil’s misery index fell 8% between 2003 and 2004, according to a study entitled ...

Brazzil Magazine covers

Architect of Plan Real Says Brazil Needs Education to Avoid Curse of Natural Resources

Edmar Bacha, a leading Brazilian economist and one of the architects behind the 1994 ...

Brazzil Magazine covers

After Three Months of Decline Search for Credit Rises 5.2% in Brazil

Brazilian companies search for credit has grown 5.2% in the month of April over ...

Brazzil Magazine covers

Castro Uses Mercosur Stage to Accuse US of 600 Plots to Kill Him

Fidel Castro arrived in Argentina to sign cooperation and trade agreements with the Mercosur ...

Brazzil Magazine covers

Brazil Considers Gulf Priority for Mercosur Economic Bloc

Negotiations for a free trade agreement with the Gulf Cooperation Council (GCC), the economic ...