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

LETTERS

By At times, when we focus on specific aspects of Brazilian events, it’s difficult ...

Brazil Holds Latin American Summit

The heads of state of 19 South and Central American nations, along with Mexico, ...

Book Condemning Witchcraft Banned by Brazilian Court for Prejudice

A judge in the state of Bahia, Brazil, has ordered the confiscation of a ...

Sorry, Brazil’s Carnaval Is Not a Free for All, All Out Orgy

It’s Carnaval in Rio and I am honestly not that excited about it. I ...

Lula Calls Lunacy Ex-Ally’s Charges that He Tried to Rape Youngster in Jail

The president of Brazil, Luiz Inácio Lula da Silva, is according to his cabinet ...

Brazil’s TAM Picks Unisys to Be IT Honcho

TAM, Brazil’s largest global airline, has signed a five-year contract with Unisys in order ...

Arabs’ Sweet Tooth Gives Brazilian Gum a Boost

The Arabs are chewing more Brazilian gum. Brazilian exports of chewing gum to the ...

Brazilian Bar Association Ready to Call for Lula’s Impeachment

The Brazilian Bar Association (OAB) decided, Monday, November 7, to create a commission to ...

Brazil Opposition to Appeal to Supreme Against Minimum Wage Law

In Brazil, no sooner had the country’s Senate passed the new minimum wage law ...

Brazil’s Gol Airlines Ends Year with New Routes and Tricks

Brazil Airline Gol announced it will equip its new Boeing 737-800 Next Generation aircraft ...