Imports Outpacing Exports in Brazil 22% to 18%

Brazilian exports added up to US$ 2.56 billion last week, with a drop in 3.75% in relation to the previous week and imports reached US$ 1.69 billion, also with a reduction in 3.25% in the same comparison base. The surplus was of US$ 864 million.

With this, the accumulated surplus in the 18 working days of March, up to now, increases to US$ 3.016 billion, which already adds up to the best monthly surplus in 2006, since the surpluses in January and February were of around US$ 2.8 billion.

As there are still five working days of international trade to account, the surplus this month should be higher also than that in March last year, which registered US$ 3.34 billion.

In the year’s accumulated value, the trade surplus adds up to US$ 8.68 billion, against US$ 7.98 billion in the same period in 2005, with an increase in 8.73% in the quarter, result of total exports worth US$ 27.11 billion and imports worth US$ 18.43 billion.

It is worth mentioning, however, that this increase has been dropping, gradually, due to increase in exports of only 17.63% while imports grew by 22.34%.

ABr

Tags:

You May Also Like

British Government Promises Quick Compensation for Brazilian Killed in London

British Foreign Secretary Jack Straw promised compensation to the family of Jean Charles Menezes, ...

Dollar Falls to a Three-Year Low in Brazil

Brazil’s currency, the real, surged to a three-year high against the US dollar after ...

Opposition Chooses Who They Hope Will Be Brazil’s Next President

The opposition in Brazil unified over the weekend behind Aécio Neves who was elected ...

Brazil’s Piracy Costs US Economy Close to US$ 1 Billion a Year, Says Group

The American group Defenders of Property Rights (DPR) today, March 16, announced that it ...

Corruption Is Not Growing, Just the Awareness of It, Says Brazil’s Official

It is the judgment of Brazil’s Federal Sub-Comptroller General, Jorge Hage, that the choice ...

Making Do

New official statistics show that the subterranean economy in Brazil employs one in every ...

Brazil’s Rousseff Discusses Brasiguayos and Smuggling with Paraguay President

Dilma Rousseff and Fernando Lugo, the presidents of Brazil and Paraguay, met to discuss ...

It Took 32 Years for Japan to Taste Brazil’s Mango

After 32 years of negotiations, the first shipment of Brazilian mangoes is on its ...

Brazil Losing War Against Inflation. Consumer Price Index Up over 7%

Brazil’s government data show that annual inflation in the country hit a six-year high ...

In Brazil, Monsanto and Syngenta Lead Farm Model that Destroys Indians and Environment

The approval of Brazil's Provisionary Measure 422 (Medida Provisória (MP) 422) by the Brazilian ...