Ten Days into 2006 and Brazil’s Surplus Already Over US$ 1.2 Billion

Brazzil Magazine covers

Brazil’s foreign trade surplus for the first ten days of January stands at US$ 1.280 billion, with exports at US$ 4.192 billion and imports at US$ 2.912 billion.

The numbers are from the Ministry of Development, Industry and Foreign Trade, which reports that during the second week of January exports were down 2.63%, while imports rose over 11%, compared to the first week of January.

The trade surplus in the first week was US$ 745 million, and US$ 535 million in the second week of January. Compared to January 2005, exports are up over 18%, and imports up over 16%.

There is a normal, seasonal drop in exports at the beginning of the year. The trade surplus in December 2005 was US$ 4.346 billion, compared to US$ 2.183 billion in January 2005.

Although exports during the first week of January were down 14.2% compared to the first week in December, Brazil still exported a total of US$ 2.124 billion in goods during the first five days of January 2006, an increase of 19.8% over the first week of 2005.

ABr

Tags:

You May Also Like

Brazzil Magazine covers

IMF Predicts 3.5% Growth, But Brazil Says It Will Grow 4.5% in 2006

Pushed by strong private and government investment Brazil’s economy is in position to grow ...

Brazzil Magazine covers

From Brazil’s Inequality Women Get the Larger Share

On its 20th anniversary, Brazil’s National Women’s Defense Council still faces the challenge of ...

Brazzil Magazine covers

The Economist to Discuss Role of Brazil in New World Order

The Economist. the British group who publishes a business magazine of the same name, ...

Brazzil Magazine covers

Museum Town

By Brazzil Magazine The Words You’ll Need guarda volume = luggage area in stations ...

Brazzil Magazine covers

In Brazil, Criminals Are Our Heroes and Saints

On the day of drug lord Lulu’s death, businesses in Rocinha closed as a ...

Brazzil Magazine covers

Close to 30% of Brazilians Are Between 15 and 29. They Want Jobs and Education

Since yesterday, June 13, around 80 young people from more than 12 countries and ...