Imports Up, Exports Down and a Shrinking Surplus in Brazil

In the fourth week of July imports rose over 15% and exports dropped 17.5%, compared to the third week of July.

The trade surplus for the week was an anemic US$ 343, with the average daily value of exports at only US$ 68.6 million.


This was the second week in a row characterized by a sharp rise in imports and big drop in exports.


For the year the trade situation remains strong. The cumulative January-July surplus is now US$ 22.712 billion, up over US$ 5 billion, compared to the same period last year. Exports for the year are up 22.4%, and imports up 19%.


ABr

Tags:

You May Also Like

Brazil Upgrades 2007 Foreign Trade Forecast from US$ 152 to US$ 155 Billion

Brazilian exports broke a monthly record in July. Sales totaled US$ 14.12 billion. Imports ...

POR AÍ

Taste of BrazilBy An early hit by João Gilberto called "O Pato" (The Duck) ...

Argentina Isn’t Here

Brazilians are inclined to work problems out so that no one gets hurt too ...