• Categories
  • Archives

Brazil’s Paranaguí¡ Is the Country’s Third Port in Export Revenues

Port of Paranaguá, in Paraná, south of Brazil Among Brazilian ports with the largest contribution to the country's export revenues the Port of Paranaguá, in the southern state of Paraná, ranks as number 3. According to the Brazilian Revenue Service, from January to May, the terminal generated US$ 5.6 billion in export revenues.

It loses only to the ports of Vitória, in the state of Espí­rito Santo and Santos, in São Paulo. The value is equivalent to 7.7% of Brazilian export revenues, which totaled US$ 72.9 billion during the period.

Information supplied by the Paranaguá and Antonina Ports Administration (Appa) shows that during the period, there was an expansion in shipments to the Middle East and North Africa. From January to May this year, tax revenues from exports to the Arab market totaled US$ 378.4 million. This means growth of 54.2% in comparison with the US$ 245.4 million recorded in the first five months of 2006.

In a comparison between 2007 and 2006, tax revenues from exports to the Arab market by the terminal in Paraná grew 17.2%. The volume of funds rose from US$ 581.8 million to US$ 681.7 million. Last year, the leading destination for shipments from Paranaguá to the region was Saudi Arabia, at US$ 274.3 million, followed by the United Arab Emirates, at US$ 129.2 million, and Egypt, at US$ 84.5 million.

In the first five months this year, shipments from the Port of Paranaguá totaled 10 million tonnes. The value is 29% greater than recorded during the same period last year. Revenues from meat exports are on top of the list. Between January and May 2008, they were little above US$ 1 billion, growth of 39% in comparison with the same period of 2007.

Between January and May, Brazil imported the equivalent to US$ 63.3 billion, growth of 47% compared with the same period of 2007. The Port of Paranaguá answered to 4.4% of that value, or US$ 3.2 billion, with approximately 5 million tonnes shipped. The volume is 57% greater than recorded in the same period last year.

Fertilizers were the main products in the list of goods arriving in Paranaguá, which is the leading terminal for receiving the input in Brazil. Imports of the item answered to approximately US$ 1 billion, growth of 67% compared with the same period last year. Next came vehicles, tractors, and capital goods.

Omar Nasser works for the Federation of Industries of the State of Paraná (Fiep).

Tags:

  • Show Comments (0)

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.

Ads

You May Also Like

Brazil Breaks Smuggling and Tax-Evasion Scheme Involving US-Based Cisco

US-based Cisco, a multinational that designs and sells communications technology, and over 30 Brazilian ...

With 26% Share and US$ 380 Million, US Is Top Importer of Brazilian Shoes

Imports of shoes in Brazil grew 54.7% from January to September this year as ...

125 Countries in Brazil Debating Child Sex, Trafficking and Pornography

Close to 3,000 participants from over 125 countries have gathered in Rio de Janeiro, ...

Only 6% of Brazilians Call Themselves Black

Racism raises its ugly head almost everywhere, even in the most unexpected places. A ...

Despite US$ 1.5 Billion Surplus Brazil Blames China for Unfair Competition

Trade between Brazil and China jumped a lot between 2000 and 2005, from US$ ...

Reality Check: Life in Brazil Through the Eyes of a Foreigner – An Excerpt

‘Reality Check: Life in Brazil through the eyes of a foreigner’ was published last ...

Brazilians Want Foreign Trade Policy That Will Make Them Competitive

The main suggestion presented by Brazilian businessmen who operate in foreign trade in Brazil ...

33% of 23,000 Brazilians Deported Are Women, Many Victims of Sex Rings

A large portion of the Brazilian women deported from or refused permission to enter ...

Uruguay Wants Mexico in Mercosur to Counterbalance Brazil

Uruguay wants Mexico to join Mercosur so a "better internal balance" can be achieved, ...

Brazil’s Oil Multinational Petrobras Strikes Oil Again

Brazil's state-controlled oil multinational Petrobras announced this Wednesday, after the exchange market had already ...