• Categories
  • Archives

Brazil Doubles Imports from Portuguese-speaking Nations to US$ 1 Billion

Gallo, olive oil from Portugal Brazilian imports from Portuguese-speaking countries nearly doubled in value until September. Most of all it has to do with the growth of oil imports from Angola, according to data disclosed by the Brazilian Ministry of Development, Industry and Foreign Trade.

The 97,3% rise in imports was much greater than that of exports – 15.6% -, but the balance of trade remains favorable to Brazil, at a surplus of nearly US$ 2.1 billion.

Until the month of September, Brazil purchased US$ 1.068 billion in goods and services from Portuguese-speaking countries. From Angola, Brazil imported the equivalent of US$ 838 million, an increase of 149% over the first nine months of 2006, and oil accounted for the largest share (US$ 766 million).

Portugal recorded a 13% increase in sales to Brazil, to reach US$ 230 million, olive oil being the leading product. Cape Verde sold goods and services worth US$ 64,000 to Brazil. Mozambique, Guinea-Bissau, São Tomé and Prí­ncipe, and East Timor did not sell to Brazil until September.

The value of Brazilian exports to the bloc of Portuguese-speaking countries rose 15.6%, to reach US$ 2.086 billion, according to data supplied by the ministry.

Portugal is the leading buyer of Brazilian products, at US$ 1.242 billion, whereas exports to Angola stood at US$ 793 million.

Cape Verde was the third largest market in the bloc for Brazilian exports (US$ 24 million), followed by Mozambique (US$ 17 million), Guinea-Bissau (US$ 7 million), São Tomé, and East Timor.



  • Show Comments (2)

  • Dewolfe

    it’s not just about fuel
    As I understand it the imports are for chemical feedstock, diesel, and lubricants mainly. Petrobras does business as a refiner and international reseller as well and produces much more gasoline than the country needs, which is exported.


  • ch.c.


    Or was it just another cheating and lie, once more, just as the one that ethanol from sugarcane is competitive to oil…..even at price down to US$ 45.- per barrel ???????

    Either your Brazilian spreadhseets are really bad or you cheated and lied. May be all of the three !

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.


You May Also Like

23 de Maio Avenue in São Paulo, Brazil

Sí£o Paulo, Brazil, Among Planet’s 20 Wealthiest Towns

Mexico City, Buenos Aires and São Paulo are among the twenty richest cities in ...

Brazil: Amazon Thriller

The boy grabbed the chicken by its wings with one hand, and with the ...

The Manifesto

By Brazzil Magazine In April, 1998, I gave a seminar at the International Holistic ...

Green Packaging: These Brazilian Cassava Bags Decompose in a Mere 60 Days

Brazil’s CBPAK, with 15 employees, produces 300,000 packages for food each month. But they ...

Brazilian Foreign Minister Celso Amorim with Indian Trade Minister Kamal Nath

Brazil and India Would Rather Have No Deal than Bad Deal with US and EU

Ministerial representatives from the G4 group of influential trading players, European Union, United States, ...

Economists Lower for Eighth Time in a Row Brazil GDP’s Forecast to Less than 1%

Brazilian financial organizations analysts revised down for the eighth week in a row the ...

Lula Sells Biofuel to South Koreans and Wants Them Investing in Brazil

President Luiz Inácio Lula da Silva spoke about the Brazilian economy today to invite ...

Brazil Renews Its Commitment to South America and Mercosur

The Brazilian Minister of Foreign Relations, Celso Amorim, declared that the way to strengthen ...

Brazilian Leader in Electric Showers Shows Its Wares at Big 5 Show

One of the main Brazilian makers of electric material and household appliances, Lorenzetti, is ...

Jobs in Brazil Grow 0.73%. Most New Posts in Northeast.

Formal employment in Brazil increased 0.73% in September in relation to August. 189,458 new ...