Brazil Exports Grow to Record US$ 137 Billion, 16.2% More than in 2005

Brazil’s trade balance had its second best monthly performance in 2006 in December, which saw a US$ 5.012 billion balance, second only to July’s US$ 5.628 billion balance.

The accumulated surplus for the year rose to US$ 46.077 billion, a 3.05% increase compared with the trade balance for 2005, which amounted to US$ 44.709 billion.

According to data published today by the Brazilian Ministry of Development, Industry and Foreign Trade, exports in 2006 hit a record high, reaching US$ 137.471 billion, which represents a 16.2% increase compared with 2005.

Imports in 2006 were also the highest ever recorded, totaling US$ 91.394 billion, which accounts for a 24.2% increase – higher than that of exports.

Cooperatives

The cooperative system in the southern Brazilian state of Paraná ended the year of 2006 with revenues of US$ 7.7 billion. The value is the same as that reached in the previous year.

The result was considered favorable as the sector faced a series of diversities in 2006, among them climate problems that affected crops and the exchange rates unfavorable for exports.

The figure was disclosed by the Sistema Ocepar, which congregates cooperatives from the state of Paraná. There are in the state 235 cooperatives that bring together 410,000 cooperatives, with an economic turnover that represents 16.5% of the Gross Domestic Product (GDP) of the state of Paraná. Cooperatives generate over 783,000 jobs in the state.

Volkswagen

Volkswagen Trucks and Buses of Brazil broke a new sales record in 2006. The company sold over 37,000 units on the domestic and foreign market, representing an increase of 4% when compared to 2005.

The vehicle maker was the market leader in the wholesale market for trucks over five tons gross weight, selling 22,403 units – 573 more than Mercedes-Benz, the main competitor, .

Sales of buses totaled 4,925, growth of 40% when compared to the previous year. Exports grew 10% when compared to 2005, breaking a record for the 60 consecutive year, reaching 10,000 units shipped.

Over 30 countries purchased products made by the brand. Argentina answers to 30% of the orders, followed by Chile and Mexico. Gross revenues should be the greatest in the 25 years of the vehicle maker, reaching US$ 1.9 billion.

Loans

The Bank of Brazil loaned US$ 301 million through its program for the strengthening of fruit farming between January and November last year. In total, 34,000 operations took place. The value represents 105% of the target stipulated for 2006. Up to 2010, the bank’s target is to make available US$ 1.8 billion for the sector.

Tags:

  • Show Comments (2)

  • João Carlos

    All Brazilians take your chance
    I believe in a better future for Brazil, I know that if BrazilÀ‚´s people want to make a difference they can change it for the good and also we can be as developed as we deserve. Le tÀ‚´s just not accept that our politicians do whatever they want to. LetÀ‚´s protest always.

  • João Carlos

    Brazil is a great country…
    I am very happy for being Brazilian… This country is going to succeed though its politians treat it so bad.

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

Hilary Clinton: We Expect Thousands of Brazilian Students in the Next Few Years

US Secretary of State Hillary Clinton delivered the opening remarks at the “Brazil-U.S.: Partnership ...

Brazilian Troops Keep an Eye on Haitian Elections

Exactly two years after former president, Jean Bertrand Aristide, fled the country, Haiti will ...

Brazil Inflation Won’t Make the 5.1% Official Target

Forecasts for this year’s inflation have been rising for five straight weeks, increasingly removed ...

With and Eye to World Cup and Olympics Brazil Launches Global Tourism Campaign

Embratur, the Brazilian Tourism Corporation, is starting an international campaign to promote tourism in ...

Drought and Lack of Technology Lower Expectation of Brazil’s Harvest

Brazil expects to produce 122.6 million tons of grain in the 2005/2006 agricultural year, ...

Brazil Wants to Reduce Fish Imports, But It Lacks Specialized Labor

Brazil aims to increase fish production and reduce imports in the area. An agreement ...

Brazil Is Both a Rice Importer and Exporter

Brazil produces 12 million tons of rice per year. Whereas national production currently averages ...

After Joining Japanese Brazil Looks for More Partners for Ethanol Pipes

Besides ensuring the Brazilian self-sufficiency in oil, Petrobras is also working to contribute to ...

Futile Shuffle

Why insist on playing with fire, which is precisely what this government and its ...

We, from Brazil’s Landless, Denounce Syngenta and Its Crimes Against Humanity

We, from the Landless Movement in Brazil (MST), would like to share with you the ...