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

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

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  • Guest

    Unfair,yes, are the brazilians !
    – The USA is their biggest trading partner.
    – Brazil has their biggest trade surplus with the USA.

    – Brazil is subsidising not only their agriculture, but ALL their export industries.

    But they only criticize the U.S. and EU agriculture.

    What they do is right and when others do the same, the others are completely wrong.

    Strange conception of air trade…as they say !

    But they have the same erroneous conception in :
    – corruption
    – impunity
    – wealth inequality
    – vote buying
    – red tape
    – hunger by the millions
    – under nourrished citizens by the millions and millions
    – lack of education
    – lack of helathcare
    – lack of infrastructure
    and I could continue for hours.

    They dont realize yet, that if and when the USA decide to stop supporting the world growth at their own expenses, many developing countries, Brazil first, wll
    simply COLLAPSE.

    They would sell less to ALL developing countries, and also sell less to developed countries.
    China is a good example. they have an overall trade surplus of US$ 100 billions but a trade surplus with the USA of US$ 200 billions. This means that China, not including the USA has trade deficit of US$ 100 billions.

    So everyone could see the snowball effect on the developing countries when the USA will say and explain loudly what FAIR trade is !

    At one point in the future they will say :
    ENOUGH IS ENOUGH !

    And guess what will happen when the USA will have their next recession or only just a
    slow or no growing economy.

    The castle cards will crash….miserably.
    Brazil and China are at the top of the castle cards. Harder the fall will be !

  • Guest

    Yet they call it unfair
    I’m tired of everyone saying the USA practices unfair trade. What is unfair about the USA 60-70 BILLION DOLLAR monthly trade deficit? Why would anyone in Brazil complain? Yet, sadly that is what i hear when i’m there 10 months out of the year.

  • Guest

    not surprising. With all the redtape getting things, money, etc. into this country, it’s a wonder there are any imports at all!!

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