• Categories
  • Archives

Brazil’s Trade Surplus Reaches US$ 672 Million in 2007

According to information disclosed today by the Brazilian Ministry of Development, Industry and Foreign Trade, three days before the end of the month, exports from Brazil have yielded US$ 9.64 billion this year.

The value has already surpassed the total recorded on January last year, which was US$ 9.271 billion.

Imports amounted to US$ 7.313 billion, and also surpassed the total for January 2006. The trade balance surplus for the month was US$ 2.327 billion.

Last week, according to the Ministry, foreign sales reached US$ 2.383 billion, and imports added to US$ 1.711 billion, resulting on a US$ 672 million trade balance surplus in Brazil.

Chicken

Brazilian exports of chicken totaled US$ 3.2 billion last year, representing an 8.7% reduction when compared to 2005. Shipments totaled 2.71 million tons, a reduction of 4.7% when compared to the previous year, according to figures disclosed today (29) by the Brazilian Poultry Exporters Association (Abef).

Last year, the performance of Brazilian exports of chicken were affected by the shrinkage of imports by main consumers in Europe and Asia, due to cases of avian flu in countries on these continents in early 2006.

Another unfavorable factor was the appreciation of the Brazilian real against the dollar, which reduced the profitability of export companies.

The countries in the Middle East were the main Brazilian chicken consumer markets. Last year, shipments totaled 754,720 tons, representing exports of US$ 821.88 million. The second greatest market in terms of volume was Asia, which imported 739,630 tons.

The Asian countries were the ones that provided greatest revenues to Brazil, with imports of US$ 881.67 million. Then came the European Union (EU), which purchased 351,470 tons, totaling US$ 684.4 million.

Apart from these markets, Brazil exported chicken to South America, Africa and Russia, which imported 185,810 tons alone, representing exports of US$ 199.17 million.

For this year, Abef forecasts are that shipment will total 2.85 million tons, an increase of 5% over 2006, with revenues of US$ 3.420 billion, a growth of 6.8% in the same comparison.

Foreign Tourists

Arrivals of passengers on domestic flights in Brazil ended last year with the highest figure in history. A total of 46.3 million passengers travelled between Brazilian airports on regular and chartered flights.

The number represents an increase of 7.38% when compared to the same period in 2005, when 43 million domestic arrivals were registered.

Tags:

  • Show Comments (2)

  • aesaac

    So it seems that the wisdom is in importing those goods, or capital goods that because of the increase in the value of the Real will economically advantage Brazilian economics. . .tooling, cost of freight, these all reduce costs of goods and as consequence increase net profit. Volume of specific exports will be downwardly effected, but the increased value of the Real allows if applied wisely great economic advantage.

  • CH.C.

    confusion !
    the 46,3 miilions tourists are for ALL tourists (domestic foreigners) as said but NOT for
    Foreign Tourists as the Headline ALSO said.

    Quite a difference and confusing !

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

Brazilian Leaves for Eight-Day Mission in Space

Brazilian first astronaut Marcos César Pontes is leaving this Wednesday, March 29, in The ...

Brazilian Missing and Presumed Kidnapped in Iraq

In an official note released yesterday January 20, the Brazilian construction firm, Norberto Odebrecht, ...

To Sell Organics Abroad Brazil Needs Rules and Organization

Turned to farmers, producers and processors of organic products with International Certification, the OrganicsBrasil ...

Brazil Gets Back a Banned Tax Under New Name

CPMF is out, IOF is in. Despite promises from Brazilian President Luiz Inácio Lula ...

Brazil and the New Economic Miracle. The US Has a Lot to Learn!

When the sovereignty wealth funds of the world (including countries such as China, Saudi ...

Brazil’s Daylight Savings Time Starts in October and Will Save 5% in Electricity

Brazil’s Ministry of Mines and Energy has announced that daylight savings time in Brazil ...

Watch Dog Agency Says It’s Impossible to Send Anyone to Jail in Brazil Today

Jorge Hage, the head of Brazil’s equivalent of the GAO (Controladoria-Geral da União – ...

In Brazil, Market Prices Down, Government Prices Up

Brazil’s Focus Bulletin, released today by the Central Bank, indicates for the third week ...

Want Cheap Ethanol? Go Make It in Brazil

During the panel on energy security, on the first day of the International Conference ...

Brazil: Former Lula’s Right Hand Sacked from Congress

Former Brazilian government strongman José Dirceu, from the ruling Workers Party (PT, São Paulo) ...