Brazil’s Surplus Grows to US$ 16 Billion for the Year

Brazilian exports added up to US$ 1.108 billion in the first two working days of June, and imports reached US$ 587 million, which generated a surplus of US$ 521 million in the beginning of June.

With this, the surplus accumulated in 105 working days went to US$ 15.985 billion.

The general figures for the trade balance in the first two working days of June were released this morning, June 5, by the Brazilian Ministry of Development, Industry and Foreign Trade and show that the year’s surplus is 1.86% less than the surplus recorded in the same period in 2005.

Total exports in the year reached US$ 50.574 billion, with an increase in 12.44% in relation to the sales last year, while imports added up to US$ 34.589 and increased at a stronger rate: by 20.56%.

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Your email address will not be published.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

Central Bank Forecasts Brazil’s GDP Will Grow 5.8% in 2010

Brazil's Gross Domestic Product (GDP) will grow 5.8% in the coming year. The projection ...

Japanese Banks Finance Brazil’s Petrobras Expansion

Petrobras, the Brazilian oil giant, and a consortium of international banks signed yesterday, May ...

Rio Police Take Back from Drug Lords Control of Its Oldest Favela

Rio’s police, as part of a new program to take back the city’s favelas ...

Construction Material Industry Gives Brazil a Boost

The level of employment in the construction material industry increased by 4.4% in the ...

Brazil to Vote Against Iran Sanctions. Vote that Matters Though Will Come from Big 5

Iran’s president, Mahmoud Ahmadinejad, indirectly rebutted pressure by the international community on his country ...

Brazil to Create 2000 Direct Jobs Building Submarines

The Navy of Brazil is celebrating the signing of a cooperation agreement between Brazil ...

Brazilian Minister Sees Long and Hard Negotiation Ahead with Bolivia on Gas Prices

The Minister of Foreign Relations of Brazil, Celso Amorim, said he favors the Brazil-Bolivia ...

From Lampião to Zé Bonito: Brazil’s Vast Gallery of Good Thieves

The grotesque adage that “a good thief is a dead thief” is common knowledge ...

IMF Chief Celebrates Brazil’s Early Payment

Rodrigo de Rato, Managing Director of the International Monetary Fund (IMF), issued a statement ...