Brazil’s Trade Balance Reaches US$ 23 Billion, 5% More than Last Year

Brazilian exports added up to US$ 3.06 billion on the third week of July, a drop in 6.54% in relation to the total exported on the previous week; and imports reached US$ 2.03 billion, a drop in 1.21%.

Even so, the international trade flow yielded a positive surplus of US$ 1.03 billion in the week. The accumulated surplus in the month added up to US$ 3.94 billion, with six days to go to the end of July.

In the year, the trade balance surplus reached US$ 23.47 billion, with an increase of US$ 1.12 billion (5.02%) in comparison to the result registered in the same period last year.

The year’s surplus is the result of exports worth US$ 70.81 billion (+19.24) against imports equivalent to US$ 47.33 billion (+27.66%).

Zebu Breeders

The Brazilian Export and Investment Promotion Agency (Apex) and the Brazilian Zebu Breeders Association (ABCZ) signed this morning, July 24, an agreement for promoting products and services abroad.

The agreement involves actions to encourage exports of bovine semen and embryos, live cattle, veterinary products, animal supplements, pasture seeds, equipments for breeding animals and genetic improvement services.

According to information supplied by Apex, there will be investments of US$ 1.87 million and the aim is to make the participating companies reach an annual exports volume worth US$ 27.7 million up to 2008.

ABr, Anba

Tags:

You May Also Like

Lula’s Cancer Discovered by Chance After His Wife Complained of a Headache She Was Having

Brazil’s former president Luiz Inácio Lula da Silva was diagnosed with throat cancer this ...

Lula Has Buried Brazil’s Last Hopes

If not maddened by it, whoever bothered to review the statements, interviews, debates, and ...

Typical Brazilian Sex Slaves Taken Overseas Are Girls 18 to 21 Years Old

According to the United Nations Office on Drugs and Crimes (UNODC), young women, between ...

Velloso with a J

They were practically unknown from people outside the jail system until they staged the ...

Minas Maintains Second Place Among Brazil’s Biggest Exporters

The southeastern Brazilian state of Minas Gerais exported in excess of US$ 1 billion ...

World’s Largest Ethanol Maker Take Over of Exxon Brazil Is a Surprise

Cosan, a Brazilian company and the world's largest sugar and ethanol processor announced it ...

Exports Up in Brazil with US$ 34 Billion Surplus for the Year

Brazil has exported US$ 12.549 billion in September. On the other hand imports reached ...

Brazil Auctions Dozens of Exploration Blocks in New Oil Frontiers

The National Petroleum, Natural Gas and Biofuel Agency (ANP) has scheduled for December 18th, ...

Brazil Breaks Record on Income, Jobs and Inflation Satisfaction

Brazilians seem more content with their life and are making positive forecasts about employment ...

Brazil’s Fundo de Quintal: Scene and Variation

Fundo de Quintal brought a new public to the samba and inspired a generation ...