Brazil Imports 52% More Goods from China

Brazilian imports of Chinese products grew 52.33% during the January-June period, compared with the same period last year, according to data from Brazil’s Ministry of Development, Industry, and Foreign Trade.

Data from the State of São Paulo Textile Industry Syndicate (Sinditêxtil-SP) indicate that exports grew far less than imports in the first half of this year, in comparison with the same period last year.


A reflection, according to the president of the syndicate, Rafael Cervone, of the combination of the exchange rate and China.


In the cumulative figures for the January-June period, the São Paulo textile sector presented a reduction of 33.3% in its trade surplus (exports minus imports).


The surplus was US$ 5.2 million in the first half of this year, as against US$ 7.8 million in the same period last year.


Last Monday, July 25, in Rio de Janeiro, the acting executive secretary of the Ministry of Development, Ivan Ramalho, said that no date has yet been determined for the application of safeguards against China.


According to Ramalho, the decrees to regulate these foreign trade instruments are being drafted in the Foreign Trade Chamber (Camex).


Agência Brasil

Tags:

  • Show Comments (1)

  • Guest

    peru and brazil
    what is major inports of brazil and peru?

Your email address will not be published.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

It’s Been Ten Years Since Banks Had So Much Profit in Brazil

After a very good year in 2004, the biggest banks in Brazil have done ...

Brazil: Evoking a Time When 20% of Rio’s Population Was Arab

Rio de Janeiro, later this year, should get a book about Arab immigration to ...

The Price of a Slave in Brazil

Brazil is responsible for 15 percent of women trafficked in South America, a great ...

Brazil’s Airline Sector Is No Flight of Fancy

Last month we looked at the steel sector in Brazil, reviewing how prospects for ...

Congressmen Appeal to Indonesia to Spare Brazilian’s Life

A group of Brazilian senators and House representatives schedule a visit this Wednesday, February ...

World Bank Has Helped Brazil with US$ 36 Billion. Now the Bank Would Like Some

During his visit to Brazil, the president of the World Bank, Paul Wolfowitz, suggested ...

Brazil Learns That Fair Trade Pays Off

Brazil is turning into one of the world’s leading producers and consumers of Fair ...

Brazil’s Iguaçu Falls Gets Record Number of Tourists

In the first four months of 2005, the Iguaçu Falls in Brazil received an ...

Brazil Says North Korea Has No Excuse to Blast Its A-Bomb

The Brazilian government "vehemently" condemned today the nuclear test announced by North Korea. Brazil’s ...