Minister Forecasts 11% Boost in Brazilian Exports with a Little Help from World Cup

Brazil’s Minister of Development, Industry and Foreign Trade, Luiz Fernando Furlan, has announced his forecast for Brazilian exports in 2006: US$ 132 billion, which will be an 11% increase over 2005 (US$ 118.3 billion).

Commenting on the fact that his forecast is the highest among various forecasts by market analysts, Furlan said: "It may be seen as optimistic. But it is based on studies by people who work with me and looked at all the economic segments. We are convinced it is perfectly possible."

Furlan said it will be essential for the government to continue its export incentive programs.

Furlan added that following the success of Brazil Year in France in 2005, this year the focus will be on Germany where the World Soccer Cup will be held.

Furlan, pointed out that in 2005 Brazilian exports rose 23.1%, while China’s exports rose 25%. And that occurred with the world average export increase at 13.8%.

Brazilian exports have been rising above the world average since 2003. According to Furlan, Brazil has now become one of the world’s top five exporting countries that do not export petroleum.

ABr

Tags:

You May Also Like

Say No and You Are a Father in Brazil

Brazil’s chief appellate court (Superior Tribunal de Justiça) (STJ) made a ruling last week ...

LatAm Countries Gather in Brazil to Discuss Plight of 19 Million Jobless

Around 19 million workers are unemployed at present in Latin America. This total corresponds ...

Brazil Gets Its Own Digital Atlas

The Brazilian Institute of Geography and Statistics (IBGE) launched the National Digital Atlas of ...

Brazil's depachante de aduana

Meet the Despachante, Your New Brazilian Best Friend

In the previous articles in our series about doing business in Brazil we’ve discussed ...

Por aí

European flavorDutch-born, German-raised, US-based, totally-Brazilian musician Hendrik Meurkens and his harmonica and vibraphone are ...

An Arab Helpful Hand to Brazilian Deserts

During the international seminar about the semiarid and water resources, which took place in ...

Brazil’s Lula Is No Friend of Science

Brazilian President Luiz Inácio Lula da Silva’s administration can be accused of not being ...

Ex-President Cardoso Is in The Wings, Ready to Play Savior of Brazil

There is not a single political leader who has not an eye turned to ...

Why Don’t the Brazilians React Against Their Politicians’ Corruption?

After only six months of her administration, President Dilma Rousseff had to call for ...

Scotland Spells Relief for Brazil’s Scandal-Plagued Lula

Brazilian President Luiz Inácio Lula da Silva left Wednesday for Scotland where together with ...