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

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.

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