Brazilian Exports Fall Close to 4% and Imports 5%

Brazzil Magazine covers

Brazil exports oranges Exports from Brazil in June decreased 3.87% when compared to May but was still the second best turnover this year, with US$ 13.11 billion in sales, whereas imports totalled US$ 9.3 billion, which is 4.87% less than recorded in the previous month.

The turnover resulted in a trade balance (exports minus imports) of US$ 3.816 billion last month, a 1.34% reduction compared with the balance for May, and a 6.86% decrease over June, 2006.

In the accumulated result for the first half of 2007, the trade balance recorded a surplus of US$ 20,66 billion, an increase of 5.71% over the same period of 2006.

Exports from January to June total US$ 73.21 billion, a 19.91% increase compared with the first half of 2006. In the same period, imports reached US$ 52.55 billion, a 26.6% increase. During the last 12 months (July/2006 to June/2007), the trade balance reached US$ 47.59 billion.

The trade balance data for June were released this morning by the Development, Industry and Foreign Trade Ministry Trade, on their web page at www.desenvolvimento.gov.br. More details dealing with product flows and countries involved should be released later in the day during an interview with the Brazilian secretary of Foreign Trade, Armando Mezi

ABr

Tags:

You May Also Like

Brazzil Magazine covers

Fable

—I never make a mistake. —Then it was the hooded ones’ mistake. —Not possible. ...

Brazzil Magazine covers

Brazil May Appeal to WTO to Overturn European Ban on Its Beef

The Brazilian government on Tuesday, February 5, sharply criticized the European Union's decision to ...

Brazzil Magazine covers

Brazilian President Meets Bishop Who Went on Hunger Strike Against His Policies

Following a two-hour meeting between Brazilian President Luiz Inácio Lula da Silva and the ...

Brazzil Magazine covers

Brazils Joins US, Japan and UK at Bank for International Settlement’s Board

Brazilian Henrique Meirelles, the president of Brazil’s Central bank, was elected to the board ...

Brazzil Magazine covers

Unprinciples

Justice Minister José Gregori has proposed new legislation to specify just what special status ...

Brazil in the Mid 1990s

By Brazzil Magazine In the mid-1990s Brazil had a population of 156 million and ...