• Categories
  • Archives

Brazilian Exports Press Ahead: US$ 43 Bi in Trade and US$ 14 Bi Surplus

Brazil’s exports last week amounted to US$ 2.342 billion, as against US$ 1.271 billion in imports, resulting in a US$ 1.071 billion trade surplus. For this month’s first nine business days, the surplus comes to US$ 1.951 billion.

This year’s trade surplus stands at US$ 14.389 billion to date, 6.05% more than during the same period last year.

This year’s figure is the result of exports worth US$ 43.602 billion (14.5% higher than last year) and imports worth US$ 29.213 billion (19.2% higher than last year).

The general figures for last week’s trade balance were announced Monday, May 15, by the Brazilian Ministry of Development, Industry, and Foreign Trade.

Banco do Brasil

The state-owned Bank of Brazil registered net profit of US$ 1.081 billion during the first quarter of the year. The value means an increase in 142.9% in relation to the same period last year.

The bank’s net assets were of US$ 9.024 billion in the end of March, at current exchange rates, 28.6% greater than that registered in March 2005. Total assets increased by 7.7%, to US$ 124.4 billion.

ABr

Tags:

  • Show Comments (0)

Your email address will not be published.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

Brazilian Airline TAM

Brazil and Portugal Leading Airlines Share Code and Air Miles Program

The Brazilian and the Portuguese leading airlines, TAM and TAP respectively, announced that they ...

Brazil’s Lula Wants a World Where Poor Benefit from Globalization

Brazilian President Luiz Inácio Lula da Silva said on his speech, during the opening ...

Brazil Exports Over US$ 10 Billion in June, a Record

Brazilian exports set an all-time record in June, when they surpassed the mark of ...

An Amazon Adventure

It was raining—they have two seasons here, rainy and wet— but the fine misty ...

UN Praises Brazilian AIDS Program

The world director of the United Nations Joint Program for HIV/AIDS (Unaids), Peter Piot, ...

Brazil’s Processed Beef Exports Up 20%. U.S. Number 1 Client.

Brazilian exports of processed beef amounted to US$ 429.4 million in the first nine ...

Export area of Cumbica Airport in São Paulo, Brazil

For All Its WTO Haggling Brazil Will Get US$ 160 Million… in Loss.

Although official estimates of developing country benefits of the current world trade talks are ...

Brazil Invented AIDS Emergency to Steal Patent, Says US Group

The American Conservative Union, which calls itself the U.S.’s oldest and largest grassroots conservative ...

Egypt Chicken Import Gives Brazil a Shot in the Arm

Brazil has started exporting large volumes of chicken meat to the Egyptian market. According ...

Four Brazilian Cardinals Will Vote for New Pope

Of the four Brazilian cardinals eligible to vote in the college which will choose ...