• Categories
  • Archives

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:

  • 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Your email address will not be published.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

Brazil’s Petrobras Outbids Chevron and Venezuela to Get Exxon in Chile

Multinational oil giant Petrobras, Brazil's state-controlled company, has offered US$ 900 million for Exxon's ...

UN Calls World’s Biofuel Push Led by Brazil as Crime Against Humanity

A United Nations expert has condemned the growing use of crops to produce biofuels ...

Brazil’s Postal Service Wants Name Out of Kickback Scandal

The hearings are live on TV. They begin at 10 am and sometimes they ...

Brazilian Shoe Exports Are Down 20 Million Pairs. Thousands Protest in Brasí­lia

Three thousand representatives of the Brazilian leather and footwear sector were in BrasÀ­lia to ...

Brazil’s Bribery Scandal Puts a Dent on Lula’s Popularity

Two different public opinion polls show that Brazilian President Luiz Inácio Lula da Silva ...

Palestine Should Be Main Focus of Brazil’s World Social Forum

Politicians, intellectuals, organizations, unions and associations from Brazil and abroad are going to debate ...

Multinational Syngenta to Use New Technology to Grow Sugar Cane in Brazil

Switzerland-based Syngenta announced that it is developing a new technology to dramatically improve the ...

An Invitation to Help Put and End to Impunity in Brazil

Newspaper readers throughout the Americas are being urged by the Inter American Press Association ...

Consumers Blast U.S. for Taxing Brazil Steel

U.S. steel-consuming industries will continue to struggle to be competitive in the wake of ...

Close Ally of Brazilian President Loses Political Rights

A Brazilian court suspended the civil rights of Sao Paulo’s former mayor, Marta Suplicy, ...