Brazilian Imports Jump 26.9% While Exports Grow a Modest 2.6%

Brazilian exports grew only 2.6% in August, while imports rose 26.9%. Brazil sold the equivalent of US$ 11.348 billion and purchased US$ 7.676 billion worth of foreign goods, resulting in a trade surplus of US$ 3.672 billion.

Overall flows in both directions were the greatest this year, but the surplus in August was only the third largest, losing out to July (US$ 5.012 billion) and June (US$ 4.030 billion).


The surplus for the first eight months of this year rose to US$ 28.348 billion, 29.5% more than the US$ 21.904 billion surplus registered over the same period in 2004.


Between January and August, total exports were up 24%, totaling US$ 76.086 billion, while imports, which amounted to US$ 47.738 billion, rose 21% during the 168 business days of this year, compared to the same period in 2004.


The surplus in the last 12 months (September, 2004, to August, 2005) stands at US$ 40.108 billion, with US$ 111.206 billion in exports and US$ 71.098 billion in imports.


The general figures for the trade balance are available on the site of the Ministry of Development, Industry, and Foreign Trade –  www.desenvolvimento.gov.br.


Agência Brasil

Tags:

You May Also Like

Brazilians Take to the Streets Against Iran President’s Visit

About 1,500 people took part this Sunday afternoon, November 15, in São Paulo, southeastern ...

Brazil Should Be Smart Enough Not to Put All Its Eggs in the Ethanol Basket

As one of the country’s well-recognized industries, the future importance of Brazil’s biofuels sector ...

All That Samba (and Choro and Forró)

Some of the best sound Brazil produced in 2002. Topping the list: Zé Renato ...

After the US, Brazil Hints It’s Close to Accept New Honduras Government

The Foreign minister of Brazil, Celso Amorim, declared that the new president of Honduras, ...

Brazil to Create New Organ Transplant Centers in 16 States

Brazil's Ministry of Health and the Syrian-Lebanese Hospital (HSL) announced the establishment of a ...

US and EU Subsidies of US$ 13 Billion Harm Brazil and Developing Nations

The European Union and the United States are illegally subsidizing their production of corn, ...

After 2-Year Hiatus, Brazil Getting Ready to Hold Oil Rights Auction

Brazil will hold a 13th round of oil rights auctions in the first half ...

Brazil Kicks Off Whole Week of Independence Day Celebrations

Brazilian Independence Day is September 7, and the date is always commemorated as part ...

Brazilian and Chilean Presidents Reiterate Opposition to Iraq War

Presidents of Brazil and Chile agreed this week to strengthen a strategic alliance and ...

Bank of Brazil Buys Argentinean Bank, Next Might Be an American One

Banco do Brasil, Latin America’s largest bank, a Brazilian state-controlled financial institution, will pay ...