Exports Drop in Brazil While Imports Zoom Up

Brazilian exports added up to US$ 2.24 billion in the third week of the month, with a drop in 4% in relation to the previous week. On the other hand, imports registered US$ 1.81 billion, 42.7% more in the same basis of comparison.

With the result, the trade surplus in the week was of only US$ 433 million, or, 59.57% less than in previous week, of US$ 1.071 billion.

With this, the trade balance surplus added up to US$ 2.38 billion in the month, and registers an accumulated value of US$ 14.82 billion in the year.

Total exports add up to US$ 45.84 billion and imports, US$ 31 billion. The trade flow increased in both ways, but while sales increased 13.2%, purchases increased in a stronger rhythm, of 19.4%.

Energy Superpower

Speaking at the inauguration of an experimental biodiesel fuel unit last week in Rio Grande do Norte, president Luiz Inácio Lula da Silva declared that in the 21st century Brazil could become an energy superpower without the need to use nuclear power.

Pointing out that the H-biodiesel fuel being made at the experimental plant was efficient and ecologically-friendly, consisting of a mixture of diesel with vegetable oils, Lula went on to say that in the future the world’s developed nations are going to have to learn to produce biofuels from Brazil.

ABr

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