Brazilian Exports Fall Close to 9% When Compared to 2006

Santos port, in São Paulo, Brazil Brazil's trade balance result (exports minus imports) in the month of March reached US$ 3.323 billion, with growth of 15.3% over the figure for February, but 8.56% retraction when compared to March last year. With this, the trade balance surplus for the year has reached US$ 8.689 billion, 6% less than in the fist quarter of 2006.

March presented the greatest trade flow this year, both in sales to the foreign market and in purchases of foreign products. Exports generated revenues of US$ 12.855 billion, whereas imports totalled US$ 9.532 billion, according to a report disclosed today, April 2, by the Brazilian Ministry of Development, Industry and Foreign Trade.

Brazilian exports this year reached US$ 33.919 billion, rising 15.2% in comparison to the first quarter of last year, whereas imports reached US$ 25.221 billion, rising 25.3% in the period.

The official estimate is that foreign sales should reach US$ 152 billion in the year, with a surplus of around US$ 40 billion.

ABr

Tags:

You May Also Like

Brazil Wants More than an Apology from London for Killing of Brazilian

Federal deputy Maria José Maninha from the Workers Party has called for action by ...

Another Serious Trafic in Brazil: Genes and Traditional Knowledge

Only 12 countries are considered mega-biodiverse, that is, they have 70% of all the ...

Brazil’s Petrobras to Issue Stocks to Raise US$ 20 Billion in the Market

Brazilian president Luiz Inácio Lula da Silva has signed the bill governing the capitalization ...

Brazil to Demand in Copenhagen that US & Co Pay for Damages Inflicted on Planet

Brazil should announce, later this month, a proposal to reduce greenhouse gas. The suggestions ...

Brazilian Bug Helps New Zealand Fight Killer Weed

A quiet bush clad reserve in the heart of the Manawatu, a New Zealand ...

According to the Music

Since the beginning of the twentieth century Brazilian popular music has reflected the social ...

US’s Good News Is Bad News for Brazilian Investors

Latin American markets were mostly lower, with Brazilian and Mexican shares declining amid worries ...

Congressman Calls New Brazil’s Cabinet Chief Expert in Robbing and Assaulting

Dilma Rousseff, Brazilian president Lula da Silva’s cabinet chief, claimed that several political groups ...

Despite All, Brazil Counts on Ronaldo to Win 6th World Cup

He has been jeered by fans, criticized by Michel Platini and Pelé, and is ...

FTAA: His Work Now is to Convince Brazil’s Lula and His Own People, Says Bush

United States President George W. Bush while visiting Brazil admitted Sunday, November 6, he ...