Santa Catarina, Brazil, Sells Mercosur US$ 207 Million But Buys US$ 307 Million

Exports from the southern Brazilian state of Santa Catarina to the Mercosur, a customs union between Brazil, Argentina, Uruguay, and Paraguay, increased by 30.1% in comparison to the same period last year and reached US$ 206.8 million.

In the same comparison, imports increased at a smaller rate (21.1%), but reached US$ 306.5 million, generating a deficit to the state of US$ 99.6 million.

The information was released by the Federation of Industries of the State of Santa Catarina (Fiesc). As always, Argentina is responsible for the greater part of the purchases.

The US$ 147.1 million exported to this country corresponded to 71% of the total accumulated in the first five months of the year in sales to the members of the bloc.

Argentina was also the main supplier of the products imported by Santa Catarina: US$ 227.3 million, corresponding to 74% of the total.

The products from the state in the southern region of Brazil most sold to the Mercosur were refrigerators, which between January and May totaled US$ 23.8 million, an increase in 73% in relation to the figures from last year.

Next are cardboard paper (US$ 16.4 million), vehicles’ bodies (US$ 11.2 million) and pork meat (US$ 11 million) – the latter with the greatest increase in percentage terms: 180.8%.

The purchases made by Santa Catarina from the Mercosur were mainly of inputs for the industry. Raw materials for the plastics segment topped the list of imports, followed by bottles, malt and wheat.

CNI

Tags:

You May Also Like

Bolivia’s Gas Nationalization Might Cost Brazil’s Lula the Presidency

It was an almost theatrical strategic move. On May 1, his 100th day in ...

Some Light Camera Action at Cinema Brazil

A fresh breeze is blowing through the Brazilian cinema sector. Although films have been ...

Gugu wants it all

“I am not and I will never be Sílvio Santos’s successor,” says Gugu Liberato ...

Sending Money with Brazil’s Warranty Seal

Brazilians far away from home have a new, easy and secure way of sending ...

The Importance of Being Brazil

Brazil has the ninth largest economy in the world, its market size is about ...

US-EU-Brazil Team Can’t Agree on How Much Water Should Go in Ethanol

A Brazilian-American-European taskforce of technicians created to define an international standard for ethanol has ...

Boeing and NASA Interested in Brazilian Aviation Biofuel

Brazilian biofuel company, Tecbio, has linked up with NASA and US aerospace firm Boeing ...

Brazilian Central Bank’s Survey Offers Hint of Falling Interest Rates

Recent reductions in the annualized benchmark interest rate (Selic) have made Brazilian market analysts ...

Brazil Expecting 5% Inflation for 2005

The director of economic policy in the Brazilian Central Bank (BC), Afonso Bevilacqua, reaffirmed ...

Crazy? Eager to Unseat Obama Republicans Might Suggest President Is Really an Illegal Brazilian

It’s hard to watch the vitriolic anti-Obama rhetoric and be a mere spectator to ...