Minas Maintains Second Place Among Brazil’s Biggest Exporters

The southeastern Brazilian state of Minas Gerais exported in excess of US$ 1 billion for the 23rd month in a row. Sales totaled US$ 1.468 billion in January, guaranteeing the state the second position among the Brazilian states that exported most.

This information was disclosed on the site of the government of the state of Minas Gerais.

The state of Minas Gerais answered, in January, to 13.4%, of the total exported by the country. Foreign sales of the state of Minas grew 35.4%, while the national average was 18.3%. In the accumulated result for 12 months, between February 2006 and January 2007, exports from Minas totaled US$ 16.022 billion.

Meanwhile, Brazil exported US$ 1.322 billion worth of commodities in the first two business days of February 2007. Imports, on the other hand, amounted to US$ 773 million, resulting in a trade balance surplus of US$ 549 million.

The data were disclosed Monday, February 5, by the Brazilian Ministry of Development, Industry and Foreign Trade.

The daily average of exports was US$ 661 million in those two days, 36% more than the average for February last year. The average of imports was US$ 386.5 million, 16.9% more than in February 2006.

There was a significant increase in exports of semi-manufactured goods, such as iron and steel, raw sugar, leather and skins; basic items such as grain corn, tobacco leaves and bovine meat; and manufactured goods, such as frozen orange juice, ethanol and cargo vehicles.

Regarding imports, there was an increase in trade of pharmaceuticals, cereals and milling products, fertilizers, and fuels and lubricants, still according to information provided by the Ministry.

In 2006, exports amounted to US$ 12.285 billion, and imports, to US$ 9.243 billion, resulting in a US$ 3.042 billion trade balance surplus.

Tags:

You May Also Like

Brazilian dinner

Brazil’s Worst Poverty Is the Lack of Smarts and Feelings

The federal government has distributed posters announcing that in the past few years the ...

UN Says Violence and Impunity Culture Still Persists in Brazil

On May 25 the Committee of Economic, Social and Cultural Rights of the United ...

Chí¡vez, in Brazil, Accuses US of Blocking South-South Cooperation

The President of Venezuela, Hugo Chávez, called for more action and organization to permit ...

Brazil: History and Emotion

Pittsburgh on the day of a Steelers Super Bowl can’t compare. Nothing in the ...

Brazil Joins US to Make Royalty-Free Drugs for Orphan Diseases

Brazil's Oswaldo Cruz Foundation (Fiocruz) and Boston-based Genzyme Corp. have joined into a research ...

Rio Arrests Drug Lord of Rocinha, Its Biggest Favela, in Preparation for Olympics

Earlier today, Rio police arrested Antonio Francisco Bomfim Lopes, alias Nem, the drug lord ...

Brazil Tries to Put a Good Face on Bad GDP Numbers

Brazil’s minister of Finance, Guido Mantega, called the latest numbers from the government statistical ...

Director José Joffily on Who Killed Pixote?

Pixote is a 1981 disturbing film story about a criminal child in the streets ...

Brazil’s Foreign Trade Surplus Grows 30% in Semester to US$ 22.712 Billion

Brazilian exports yielded US$ 2.001 billion on the fourth week of July and imports, ...

Lula: World Is Watching and It Seems We Haven’t Ethanol Even for Ourselves

Brazilian President Luiz Inácio Lula da Silva has called on sugarcane mill owners to ...