Brazil: Oil and Mining Bring Rio Record Exports

Brazzil Magazine covers

Exports from the state of Rio de Janeiro broke record in September and reached US$ 1.4 billion. With this, accumulated foreign sales reached US$ 10.9 billion in the year, 27.4% more than in the same period last year, according to the Federation of Industries of the State of Rio de Janeiro (Firjan).

Last month, state imports totaled US$ 680.8 million, an increase of 49.6% over September 2005. The strong expansion of foreign sales reverted the reduction tendency that had been identified over the last 12 months. This way, the trade balance was US$ 703.2 million in the month and US$ 3.094 billion from January to September.

Apart from petroleum, which leads the state’s foreign sales, exports of chemical products, ores and metallurgical products also rose. From January to September, the best export performance belongs to the mining industry, which presented growth of 85.8%. Then came the chemical industry, with expansion of 65.6% in the year.

The growth in imports in September was powered by transport material, and the pharmaceutical, chemical and mechanical sectors. The highlight, in the accumulated result for the year, is the metallurgical industry, which purchased 120.1% more than in the same period in 2005.

Tags:

You May Also Like

Brazzil Magazine covers

Where Brazil Was Born

In Ilhéus, state of Bahia, the hills are covered with cacao trees. If you ...

Brazzil Magazine covers

The Long Goodbye

Death, which is rarely kind, was its unkindest, this beginning of year, taking away ...

Brazzil Magazine covers

With Nepotism Banned in Brazil by Supreme Scores Lose Jobs in Courts

By a vote of 9 to 1, the Brazilian Supreme Court (Supremo Tribunal Federal) ...

Brazzil Magazine covers

Brazil Lula’s Ides of March

The ashes were still being washed from the streets that staged the Rio de ...

Brazzil Magazine covers

Brazil on the Verge of Becoming a World-Class Semiconductor Hub

Brazilian authorities announced ambitious plans to establish a semiconductor industry in the Brazilian state ...

Brazilian First Lady Marcela Temer and her husband - Beto Barata/PR

Brazil President Celebrates Women’s Day Reminding a Lady’s Place Is in the Kitchen and the Supermarket

Brazilian President Michel Temer delivered a speech Wednesday at his presidential palace in Brazilian ...