Trips Abroad Bring Close do US$ 1 Bi Deficit to Brazil’s Tourism

Foreign visitors who came to Brazil in 2005 generated a record turnover for the tourism sector. According to information released by the Brazilian Central Bank, foreign tourists spent US$ 3.861 billion in the country, an increase in 19.83% in comparison to the US$ 3.222 billion registered in 2004.

Expenses by Brazilian tourists abroad, however, also increased, to US$ 4.72 billion, which generated a deficit of US$ 859 million in the sector’s accounts in 2005. In December alone, visitors left US$ 360 million in Brazil, while Brazilians spent US$ 397 million away from the country.

To reach these figures, the Central Bank uses information of official exchanges and expenditure on international credit cards.

The warm up in the sector is also reflected in the flow of passengers in international flights. According to the Brazilian Airport Infrastructure Company (Infraero), international arrivals reached 6,784,554 in 2005, an increase in 10.53% in relation to 2004 and also a historic record. In December alone, there were 586,138 international flights arrivals registered.

For the president of the Brazilian Export Promotion Agency (Apex), Juan Quirós, quoted in an article on the Ministry of Tourism website, the increase in the flow of tourists helps boost Brazilian exports, as foreign visitors get to know the national products and promote them in their respective countries.

According to the director of studies and research at the Brazilian Tourism Institute (Embratur), José Francisco de Salles Lopes, also quoted by the Ministry’s website, the warm up in the sector is the result of coordinated actions between the federal and state governments and the private sector.

"The variety in Brazilian tourist options increased a lot and started to attract visitors from the whole world, in particular the Europeans," said Lopes, according to the ministry’s page on the Internet.

The deficit registered in the sector’s balance was pointed by the director of the economic department at the Central Bank, Altamir Lopes, also quoted by the website, as a result in the increase in real income in Brazil and the appreciation of the Brazilian currency in relation to the dollar, which favors international trips.

Anba

Tags:

  • Show Comments (1)

  • Guest

    finally correct numbers.
    Usually, Lula just gives how good is the arrival tourism sector.
    He give just one part of the story, never both.
    Itshould also be noted the the US$ 1 billion tourism “deficit” is increasing very fast, due to the new wealth of some brazilians citizens who earlier stayed in Brazil and now go abroad as you have a very strong currency, making foreign countries cheaper for you.

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ads

You May Also Like

Deep in Red, Brazilian and LatAm Markets Sing the Bluest Blues

This past week brought Brazil and Latin America an economic tsunami with the region's ...

Brazil Gets Chile Backing for UN Security Council

In an interview after the meeting with Brazilian President Luiz Inácio Lula da Silva, ...

Brazilian Industry Running Close to Full Capacity

The latest survey of the manufacturing segment by the Getúlio Vargas Foundation (FGV) has ...

Brazilian Embraer Forecasts Delivery of Up to 200 Jets in 2008

Brazil's airplane manufacturer Embraer delivered 52 commercial jets in the second quarter of this ...

IDB to Hold Its Next Annual Assembly in Brazil

Brazilian President Luiz Inácio Lula da Silva received the president of the Inter-American Development ...

Argentina Will Probe Charges That Its Military Smuggled Weapons to Brazil

The Argentinean government will help Brazil in the clarification of accusations concerning the supposed ...

Brazilian Bishop Caught with Suitcases Stuffed with US$ 8 Million

The Brazilian federal police arrested Monday a Congressman and several members of the Universal ...

Brazilian Gets ‘Third-World Nobel’ for Chronic Pain Study

Scientists from Brazil and India have been awarded the first Trieste Science Prizes in ...

Brazil’s Bradesco Bank Joins Amex, and Google to Fight Child Porno

Brazilian bank Bradesco has become the First Institution in the Latin America region to ...

Fire & Fun

The French brought to Brazil the quadrilha, which is a theatrical dance that tells ...