Iron and Cars Bring State of Minas, Brazil, Record Exports

The state of Minas Gerais, in southeastern Brazil, exported the equivalent to US$ 1.49 billion in July. This record value is 31.9% greater than the total registered in the month of July 2005.

In the accumulated result for the year, exports from the state of Minas Gerais generated US$ 8.44 billion, 12.6% more than in the first seven months of last year and also a record for the period. These figures were disclosed yesterday (01) by the state government.

According to a statement published by the government of Minas Gerais, the state’s participation in Brazilian exports as a whole reached 11.3%. Still in the first half, the products that were most prominent in the state’s sales were iron ore, vehicles, iron laminates, iron alloys and pulp.

According to the statement, products considered "non traditional" in the trade balance of the state of Minas Gerais also presented a good performance, like toys and games, drinks, milk and dairy products, chocolate, hospital furniture and meats.

In the area of agribusiness, apart from meats, pulp and milk, prominent products include wood, soy and soy oil. Coffee, however, is the main agricultural product exported by Minas Gerais, although sales dropped a little when compared to last year.

The state’s imports, in turn, reached US$ 517.38 million in July. In the first seven months of the year, foreign purchases totalled US$ 2.59 billion, an increase of 21.3% when compared to the same period in 2005. The surplus in the trade balance was US$ 5.85 billion between January and July, 23.26% of the national total.

Anba

Tags:

Ads

You May Also Like

Brazil Starts Petrobras Biofuel, a US$ 1.5 Billion Venture

Brazil's Petrobras Biofuel, a subsidiary of the state-controlled oil multinational Petrobras, was officially inaugurated ...

Among World’s Top 500 Companies, Five Are from Brazil

Five Brazilian companies made it into the ranking of the world’s 500 biggest companies ...

Brazilian Industry Shows Best Growth in Two Years

Industrial activity in the second quarter of 2007 reached the largest level in the ...

World Social Forum Says Bye to Brazil

The V World Social Forum (WSF) came to an official end, January 31, with ...

Brazil Adopts Seal of Quality for Meat

Brazil began implantation of the SAPI (Sistema AgrÀ­cola de Produção Integrada – Integrated Production ...

Kravitz’ Guitar Makes US$ 128,000 for Brazil’s Zero Hunger

The electric guitar donated by American singer Lenny Kravitz to the Zero Hunger Program ...

Brazil Is Falling Behind, But We Keep Talking About Our Progress

The end of the Second World War gave rise to the creation of several ...

3.5 Dead for 1 Injured: Bonus for Cops in Brazil Doubles Number of Killed Suspects

The growing number of police killings of suspected criminals in Rio de Janeiro's war ...

RAPIDINHAS

Those women dressed in tight clothes are now sambaing, vigorously. The whole place has ...