Brazil’s Trade Surplus Grows to US$ 30 Billion

Brazil sold US$ 1.871 billion in products to the exterior last week and bought the equivalent to US$ 1,017 billion, which resulted in a trade surplus of US$ 854 million, increasing to US$ 1.381 billion the surplus for the month of September.

The information was released today by Brazil’s Ministry of Development, Industry and Foreign Trade. In the year’s accumulated value, the trade surplus has reached US$ 29.729 billion, US$ 6.631 billion more than in the same period in 2004, the result of exports of US$ 79.023 billion and imports of US$ 49.294 billion.


Brazilian exports have yielded US$ 11.348 billion in August and once again beat a monthly record. In comparison to the results in August 2004, there was an increase in 25.3%, according to the information by the Ministry of Development.


Imports, in turn, increased more than sales and reached US$ 7.676 billion, or 36.5% more than in the same month last year. With this, the trade surplus in August was of US$ 3.672 billion.


In the accumulated value for January to August the shipments of Brazilian products yielded US$ 70.086 billion, an increase in 24% in comparison to the same period last year. Imports have increased by 21% in the year and reached US$ 47.738 billion.


ABr

Tags:

You May Also Like

The Lebanese and Their Children Who Are Building Brazil

Businessman Ricardo Sayon runs Ri Happy, one of the most renowned toy store chains ...

The Kid in the Street

The program has been successful in rehabilitating 30 percent of the children. The remaining ...

Finnish Director Gives Us a Primer on Brazilian Music

Brazil is a country rich in music, and there are various different  rhythms that ...

Sweet War: Don’t Go There, Brazil Warns EU on Their Plan to Export Sugar

The European Union plans to export an extra 500,000 tons of sugar because world ...

Fiat Has Big Plans for Brazil and US$ 6 Billion to Implement Them

Italian car manufacturer Fiat announced this week that it plans to invest 3 billion ...

They Say It’s Getting Better, But Trash Is Still a Serious Issue in Brazil

Urban waste problem is huge in Brazil – yet, it  is visibly improving. Almost ...

Brazil: ‘IMF & Co. Have to Change’

Representatives from Argentina, South Africa, Canada, Kenya, and Uruguay have already endorsed the Brazilian ...

Brazil’s Expomilk Brings Businessmen from US and Canada

The 14th edition of the Brazilian Dairy Cattle Exhibition and International Dairy Industry Expo ...

A Judge Against The Body Shop

A Brazilian judge has sentenced The Body Shop to pay more than $100,000 in ...

Brazil’s Lula Wants More Trading with Algeria

Brazilian President Luiz Inácio Lula da Silva received yesterday, at the Planalto Palace, in ...