Brazil Surplus Reaches US$ 19.6 Billion with Exports Growing 21%

Brazzil Magazine covers

Imports grow 26% The Brazilian balance of trade recorded a US$ 998 million surplus in the fourth week of June, from the 18th until the 24th. Foreign sales during the period reached US$ 3.341 billion, and foreign purchases stood at US$ 2.343 billion.

The figures were supplied by the Foreign Trade Secretariat at the Brazilian Ministry of Development, Industry and Foreign Trade, and were disclosed this Monday, June 25.

The accumulated surplus for the year (exports minus imports) rose to US$ 19.577 billion, in 119 business days, nearly half the amount projected by financial market analysts for the year (US$ 42,5 billion), disclosed today in the Focus Bulletin, issued by the Brazilian Central Bank.


For the time being, imports remain as the highlight. Whereas exports (US$ 69.900 billion) grew by 20.8% compared with the same period last year, imports (US$ 50.323 billion) saw a 26% increase, using the same basis for comparison.

On the average per business day, exports stood at US$ 668.2 million, a 19.7% increase over the same period in July 2006, and a 5.3% increase over May 2007.

Average imports per business day reached US$ 422.9 million, from the 18th until the 24th this month, a 34.5% increase compared with the same period last year, and a 6.2% increase over May this year.

ABr

Tags:

You May Also Like

Brazzil Magazine covers

Fired and Broken, Brazil Varig’s Stewardesses Pose Nude for Playboy

A group of stunning Brazilian stewardesses from the former airline Varig are negotiating a ...

Brazzil Magazine covers

A Case for Opening US Gates to the World and Saving Brazil’s Amazon

The immigration issue will net the GOP little, remember that the compromise that was ...

Brazzil Magazine covers

American PhDs Get Green Building Program in Brazil

The world’s rapidly increasing population is straining natural resources, necessitating a sustainable approach to ...

Brazzil Magazine covers

Santos Soccer Club Takes its Football Expertise to Egypt

Egyptians just saw the official inauguration of a football school for children and youths ...

Brazzil Magazine covers

We Owe No Money, But We Are Brothers, Says Brazil to Paraguay Demands

The Brazilian government could anticipate payments to Paraguay for the energy from the shared ...

Brazzil Magazine covers

Another Nail in Brazilian Labor Minister’s Coffin: Ethics Committee Wants Him Out

In a surprising move to the Brazilian government the Executive Committee on Public Ethics ...