Brazil’s Trade Surplus Falls in Half to US$ 2.5 Billion

Brazzil Magazine covers

According to Brazil's Ministry of Development, Industry and Foreign Trade. exports from Brazil reached US$ 10.963 billion in revenues in the first month of 2007, whereas Brazilian imports totaled US$ US$ 8.470 billion

The Brazilian foreign trade generated a surplus of US$ 2.493 billion. The trade balance result in January was smaller than that of December last year, when the surplus was US$ 5.012 billion.

In December, exports reached US$ 12.2 billion and imports, US$ 7.2 billion. In January last year, however, exports totaled US$ 9.271 billion and imports, US$ 6.450 billion.

The daily average of sales abroad reached US$ 498.3 million (-18.5% in comparison with December), whereas the average of purchases from abroad totaled US$ 385 million (an increase of 6.6% in the same comparison).

Orange

The harvest for the 2006/2007 orange crop should reach 353.99 million boxes of oranges in the southeastern Brazilian state of São Paulo, a 1.6% increase over the previous crop. Each box weighs 40.8 kilograms. The planted area is currently 667,240 hectares, a 1.2% increase.

Favorable climate is one of the main reasons for the growth. Nevertheless, despite the advance compared with the last crop, the planted area for oranges is smaller than recorded in 2004, when it was 673,000 hectares.

The information was provided by the Agricultural Economy Institute (IEA), an organization linked to the government of the state of São Paulo.

Tags:

You May Also Like

Brazzil Magazine covers

Brazil’s Giovanna Shoes Discovers the Arab Market

The shoes manufacturer Sandálias Giovanna, from the southeastern Brazilian state of Minas Gerais, is ...

Brazzil Magazine covers

Made in Brazil Design Gets Its Trade Show

Brazilian design companies and fostering agencies should have an opportunity to close deals and ...

Brazzil Magazine covers

South Korea Warms up to Brazil. They Are Interested in Meat and Ethanol.

A mission composed of South Korean technicians who belong to the Bilateral Agricultural Advisory ...

Brazzil Magazine covers

Brazil’s Foreign Exchange Deficit Over US$ 4 Billion This Month

The balance of dollar inflow and outflow in the country until the 24th this ...

Brazzil Magazine covers

Sinatra Revealed Me the Sounds of Brazil

Bossa nova combines the textures and rhythms of samba, jazz, 20th century classical music, ...

Brazzil Magazine covers

Brazil’s Would-Be President Goes on Hunger Strike and Alienates Own Party

PMDB presidential pre-candidate Anthony Garotinho is on a hunger strike. It began on Sunday ...