Brazilian Exports Drop 16%

Brazilian exports added up to US$ 9.804 billion in April, while external purchases reached US$ 6.707 billion, which allowed the country to account for a positive surplus of US$ 3.097 billion in April.

The sum is high for Brazilian foreign trade standards, but dropped 15.84% in relation to the previous month, and 19.97% in comparison to the same month last year.

In the year’s accumulated value, the trade surplus increased to US$ 12.438 billion, with an increase in 2.16% in relation to the surplus accumulated in the same period in 2005, result of exports totalling US$ 39.292 billion and imports equivalent to US$ 26.753 billion.

There was a significant increase in the two trade flows, but imports had a more substantial increase, of 34.56%, while exports increased by 16.46%.

ABr

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    Hold on
    Hold on to your Reis. Things are about to go downhill for awhile in the markets!

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