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:

Ads

You May Also Like

Brazil Has Never Made So Many Cars: 2.61 Million

Brazil manufactured a record number of automobiles last year, 2.61 million, up 3.1% over ...

Brazilian Astronaut Raring for Space Flight

Brazil may have its first astronaut in space in 2006. It is expected that ...

Brazil’s Opposition Presidential Candidate Alckmin Has No Charisma

Brazil’s leading opposition candidate, Geraldo Alckmin, said during his party’s national convention, Tuesday, June ...

Brazil Close to US$ 10 Billion in Exports a Month

The Brazilian trade balance ended the month of April breaking a record. Daily export ...

Disappointment: Brazil’s Petrobras Could Not Reach 2005 Target

Brazilian state-owned oil company Petrobras expects to close the 2005 exercise having processed a ...

My Brazilian Dream Comes True But for a Little Detail

After tiring of the Brazilian social problems, I woke up to the fact that ...

How Cold Heart and Zeal for Rules at Pharmacy Killed Young Brazilian Mother

Salvador, beautiful city, what happened to you? Salvador, Bahia, Brazil, December 14, 2007. Viviane ...

Clio made by Renault in Brazil

Boom Times for French Carmaker Renault in Brazil: 61% Growth Anticipated

Renault Brazil, the Brazilian subsidiary of the French carmaker, increased its vehicle production in ...

Ethanol pump in Brazil

84% of Cars Sold in Brazil Run on Ethanol, Gasoline, or Both

Flex-fuel vehicles, with technology that enables them to be fueled with alcohol, gasoline, or ...

Brazilian Spoken Here

According to many Portuguese people 160 million Brazilians speak the language wrongly. Are all ...