Confounding Expectations Brazil’s 12-Month Surplus Grows to US$ 46 Bi

Brazzil Magazine covers

Brazil exported in March US$ 11.367 billion, and spent US$ 7.686 billion with external purchases, which resulted in a trade surplus of US$ 3.681 billion.

A 30.48% increase when compared to the previous month, and 10.11% more in relation to March of last year.

With these results, the trade balance in the first quarter of 2006 reached US$ 9.346 billion, which was 12.52% more (US$ 1.040 billion) than that of the same period of last year.

Exports totaled US$ 29.388 billion (+20.2%) and imports, US$ 20.042 billion (+24.1%), according to a bulletin issued this Monday, April 3, by Brazil’s Ministry of Development, Industry, and External Trade.

Trade balance numbers show that the 12-month accumulated surplus (April/2005-March/2006) adds up to US$ 45.799 billion.

Greater, therefore, than the record of US$ 44.7 billion registered during 2005, in spite of all official and market projections that indicate a trade balance reduction this year, by at least 10%.

ABr

Tags:

You May Also Like

Brazzil Magazine covers

Brazil Offers Courses on Leadership to Young Students

Brazil's Unindus, the corporate university of the Federation of Industries of the State of ...

Brazzil Magazine covers

Land Conflicts: 772 Murders and No One in Jail in Parí¡, Brazil

In February, a Catholic missionary born in the United States, Dorothy Stang, who was ...

Brazzil Magazine covers

Brazil Has Four Among Ten Leading Leasing Firms in LatAm, Including Number One

A ranking of the 100 leading equipment leasing companies in Latin America was released ...

Brazzil Magazine covers

Brazil’s Largest Port Gets Boost in Exports and Drop in Imports

Cargo activity in the Port of Santos, Brazil, Latin America’s largest port, set a ...

Brazzil Magazine covers

Wars: There and Here

Nothing new in the media front. The question of Iraq was erroneously conveyed and ...

Brazzil Magazine covers

Brazil Scolds Mexico for Visa Requirement and Threatens to Bar Country from Mercosur

The Brazilian Minister of Foreign Relations, Celso Amorim, commented today in New York about ...