Brazil’s Trade Surplus Keeps Growing. It’s Already Over US$ 31 Billion.

Brazilian shipments abroad resumed their growth pace last week, when the country exported products worth US$ 2.840 billion, for a daily average of US$ 568 million (5 business days). Imports also grew, but at a slower pace, to US$ 1.538 billion.

As a result, the trade balance surplus (exports minus imports) for the week was US$ 1.302 billion, for a daily surplus of US$ 260.4 million. The overall surplus for the first 11 business days in September rose to US$ 2.683 billion, the difference between US$ 5.777 billion in exports and US$ 3.094 billion in imports.


So far this year, the country’s trade surplus amounts to US$ 31.031 billion. These general figures were released by the Ministry of Development, Industry, and Foreign Trade.


ABr

Tags:

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 ...

There’s No Place for Brazil’s Ethanol and Biofuels in a Real Green World

An assorted alliance of organizations published an open letter [1] this Thursday, January 15, ...

The Big American Lie

Is the US in the process of becoming a fascist nation with the blessings ...

Brazil to Get a US$ 33 Billion Trade Surplus This Year

Brazil’s cumulative trade surplus for the year to the first week in November is ...

AIDS generic pills

Brazil Decides to Make Own AIDS Drug After Talks With Merck Collapse

Until the end of the year, Brazil's Lafepe, the pharmaceutical laboratory of the Brazilian ...

Lula Urges Portugal to Ease Process of Legalizing 30,000 Illegal Brazilians

President Luiz Inácio Lula da Silva’s first stop on his European trip this week ...

Rio Favelas Are Hurting the Brazilian Army

Rio’s favelas are not good for the Brazilian army. Conflict resolution is not the ...

Brazil Finally Admits Belo Monte Will Cost Well Over US$ 11 Billion

Brazilian Belo Monte hydroelectric power plant’s actual construction will begin in September or October. ...

Lula Tells Peres Why Brazil Talks to Iran and Is Invited to Turn On Middle East Lights

Talking to journalists in Brazilian capital BrasÀ­lia and standing close to Israeli president Shimon ...

Tobacco and Printing Help Brazil Industry Grow 7% in 12 Months

Industrial activity in Brazil grew 1% in July when compared to the previous month, ...