Brazil Surplus Reaches US$ 29 Billion for the Year

Last week, Brazil exported US$ 2.931 billion and imported US$ 2.193 billion, which resulted in a trade surplus of US$ 738 million. The information was released today, August 29, by the Ministry of Development, Industry and Foreign Trade.

During the month shipments reached US$ 11.485 billion, external purchases reached US$ 7.619 billion, resulting in a surplus of US$ 3.866 billion.

In the year’s accumulated value, exports yielded US$ 86 billion, imports US$ 56.9 billion and the surplus in the trade balance is at US$ 29 billion.

Coffee

According to a study by the National Food Supply Company (Conab), Brazil should produce 41.6 million 60 kg bags of coffee this year.  The volume represents growth of 26.2%, or 8.6 million bags more than in the previous harvest, which totaled 32.94 million bags.

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Your email address will not be published.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 to Define Official Standard for Its Coffee

Brazil's coffee is going to undergo a new process of identification and qualification of ...

Brazil’s Development Bank Loans US$ 429 Million for Alternative Energy

The Brazilian Development Bank (BNDES) approved financing of US$ 428.1 million (1 billion reais) ...

In Brazil, All Is Allowed… After the Elections

There are those in Brazil who believe that the government will propose in November, ...

Beef Industry Still a Bright Spot for Brazilian Exporters

One of the Brazilian leaders in beef production, Minerva slaughterhouse, shipped 23.3% of its ...

Gangsta Rap’s Forefather Dies in Brazil

Brazilian singer and musician Bezerra da Silva, known for his songs glorifying Rio de ...

Brazil Wants Closer Ties with Caribbean Countries

Brazilian president Luiz Inácio Lula da Silva, speaking at the opening of a summit ...

Bradesco Expects Key Brazil Interest Rate to Jump from 8.75% to 13%

According to Bradesco Asset Management, Brazil will boost interest rates to as high as ...

Samba Web

Samba for the next millennium won’t be restricted to the borders of Brazil. Thanks ...

Despite US’s Stand Brazil Warns It Won’t Recognize Honduras’ New President

The Brazilian minister of Foreign Affairs, Celso Amorim, reaffirmed on Thursday divergences with the ...

Brazil’s Vehicle Sales Down 10%, Industrial Output 3% Down for the Year

 Compared to the same period last year, sales of vehicles in April were down ...