Brazil’s Surplus Reaches US$ 40 Billion, 33% More Than Last Year

Brazilian exports totaled US$ 2.543 billion last week, while imports tallied US$ 1.618 billion, resulting in a trade surplus of US$ 925 million. So far this month, the surplus comes to US$ 3.677 billion.

For the year, the overall surplus currently stands at US$ 40.027 billion – 33.05% more than the US$ 30.084 billion registered for the same period in 2004. Exports this year have amounted to US$ 106.044 billion, as against US$ 66.017 billion in imports.

The general trade balance figures, released today by the Ministry of Development, Industry, and Foreign Trade, make it possible to estimate that this month’s surplus will be double the US$ 2.076 billion registered last November.

ABr

Tags:

Ads

You May Also Like

Lula faces Alcmin in TV presidential debate in Brazil

Brazilian Elections: Alckmin Hits Lula But Lands No Killer Blow

It was good to see President Luiz Inácio Lula da Silva facing some tough ...

Brazil: Reporter Expulsion Is No Censorship

Brazil’s Minister of Foreign Relations, Celso Amorim, avowed he would not admit anyone condemning ...

Where the party never stops

Salvador’s Carnaval became the most popular festival in Brazil, surpassing the one in Rio. ...

Fitch Downgrades Brazil’s TAM and See Bleak 2009 for the Airline

US-based ratings agency Fitch Ratings has downgraded Brazilian airline TAM S.A's (TAM) credit ratings. ...

Despite Killings and Intimidation Brazilian Indians Get More Land

On October 31st, the reports of the technical group in charge of reviewing the ...

Abbott and Brazil Reach Agreement. No Patent Will Be Broken.

Abbott announced today that it achieved its goals in negotiating an agreement with the ...

Chavez Asks Brazilian Lula to Tell Obama to Stop US Lies and Cynicism

Hugo Chavez, the Venezuelan president, said he has authorized Brazil's leader to raise the ...

Killer Dengue Season Is Back in Brazil

Brazil’s Ministry of Health launched a new campaign against dengue and announced that ads ...

Brazilian Development Bank’s Profit Falls US$ 383 Million

The Brazilian National Bank of Economic and Social Development (BNDES) posted a net profit ...

Brazil’s Lula Calls Himself the Best Qualified to Do War on Corruption

Brazilian President Luiz Inácio Lula da Silva said today that nobody has bigger ethical ...