Brazilian Exports Fall Close to 9% When Compared to 2006

Brazzil Magazine covers

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

Discovery Brings a Collection of Brazilian Characters to Your TV

"The goal of Discovery Atlas is to create the most complete visual record of ...

Brazzil Magazine covers

In Brazil, for Every Moment There Is a Beer

Boys were drinking cachaça while outside the rain smacked the roofs of huts. Every ...

Brazzil Magazine covers

Brazilians Caught in Madoff’s Ponzi Scheme Are Keeping Mum

Wealthy Latin Americans, among them Brazilians, are among the biggest victims of an alleged ...

Brazzil Magazine covers

Brazil Adds Up the Theft by Its Politicians: US$ 5 Billion

Corruption has cost Brazilian taxpayers US$ 5 billion in the last four years according ...

Brazzil Magazine covers

Brazil Invited to Middle East Peace Conference in Washington

The President of Palestine, Mahmoud Abbas, in New York for the opening of the ...

Brazzil Magazine covers

Leather in Brazil Is a US$ 21 Billion Industry

Brazilian leather exports have increased by 37% in the first quarter of this year ...