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

IMF Cites Brazil as Model for Latin America

On the verge of a decision about a possible new agreement with Brazil, the ...

Lula Is Supposed to Defend Brazil. Instead He’s Been on Bolivia’s Side

Brazil’s president came under fire from critics who say he caved into pressure from ...

Brazil’s Lula Praises Palestinian Patience

Brazilian President Lula met this Monday, May 9, with the secretary general of the ...

Cry of Excluded Brings 1 Million to the Streets of Brazil

The participation of indigenous people in the 2004 Cry of the Excluded protest brought ...

‘A Serious Country:’ Brazil Turns Investment Grade, Bonds Explode

Ibovespa, Brazil's stock exchange index, jumped to a record on Wednesday, April 30, after ...

US Travel Industry Wants an Easier Way for Brazilians to Visit the US

The U.S. Travel Association has a new plan that it says will create 1.3 ...

Higher Inflation and Lower GDP Make Investors Cautious in Brazil

Latin American stocks are mixed to higher at midday, with Mexican shares climbing on ...

Amnesty Urges Impartial and Prompt Inquiry on Brazilian Killing in London

Amnesty International is concerned about the incident on 22 July 2005 in which plainclothes ...

Cover Story – A talkative Roberto Carlos

As predictable and as traditional as New Year’s celebrations on Rio’s beaches, just-released Roberto ...

Press Too Cozy to Power in Brazil

Brazil’s National Federation of Journalists is asking the government to forward to Congress a ...