Brazilian Exports Grow 15% and Imports 23%

Brazzil Magazine covers

Brazilian exports added up to US$ 2.38 billion in the first four working days of the month, while imports reached US$ 1.73 billion, according to the figures released today, July 7, by Brazil’s Ministry of Development, Industry and Foreign Trade.

With this, the trade surplus for the first week of August was of US$ 653 million, elevating to US$ 25.82 billion the year’s accumulated surplus.

External purchases have been increasing at a stronger pace. Because of this, the market analysts consulted by the Central Bank of Brazil estimate a drop in the surplus of about 10% this year, compared to the record surplus last year, of US$ 44.76 billion.

The year’s accumulated exports reached US$ 76.90 billion, an increase in 14.66% in relation to the same period in 2005, while imports added up to US$ 51.08 billion, with an increase in 23.06%.

Tags:

You May Also Like

Brazzil Magazine covers

A Carnaval of Disillusion in Brazil

Brazilian politics is once again involved in a scandal. It was revealed that the ...

Brazzil Magazine covers

UK Firm Builds Resort for Foreigners in Brazil’s Northeast

Brazil has long been famous for its breathtaking scenery, tropical climate, its cultural heritage ...

Brazzil Magazine covers

Beating as Usual

Amnesty International tells that police torture to obtain confessions is a routine practice in ...

Brazzil Magazine covers

Brazil’s Illusion of Wealth Forgets “Made in Brazil” Is Not the Same as “Created in Brazil”

The upsurge of the so-called “emerging countries” is a worldwide geopolitical phenomenon at the ...

Brazzil Magazine covers

Brazilian Industrialists Show Very Cautious Optimism

After expressing uncertainty over the directions of the Brazilian economy in July, Brazil’s industrialists ...

Brazzil Magazine covers

Brazil’s Revenue for the Year Rises 13% to US$ 355 Billion, a Record

Brazilian government revenue for August, which includes federal taxes and contributions, reached 74.608 billion ...