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

Brazil Sees Ethanol as Its New Economic Frontier

Ethanol is Brazil’s new economic frontier, according to Antônio Barros de Castro, director of ...

Brazzil Magazine covers

Paraguay and Uruguay to Use Summit to Vent Their Frustration at Brazil

At least ten chiefs of state are scheduled to participate in the Mercosur summit ...

Brazzil Magazine covers

Brazil’s Has World’s Most Expensive Currency, 149% Overvalued, Says The Economist

The Brazilian real is the world’s most expensive currency and is 149% overvalued against ...

Brazzil Magazine covers

Brazil Reduces Ethanol Added to Gas to Force Prices Down

The Brazilian government’s decision to reduce the sugarcane-based ethanol additive it puts in gasoline ...

Brazzil Magazine covers

Brazilian Indians Vow Bloodbath If Evicted from Their Land

As Brazil celebrates Indian Day on Wednesday, April 19, Guarani Indians facing eviction from ...

Brazzil Magazine covers

In Brazil Fuel Grows in Trees. And the Google Boys Seem Ready to Plant Some.

George Bush, a former oil business-man, told the American people that the new goal ...