• Categories
  • Archives

Brazil’s Imports Grow 51% Bringing a 37% Reduction in Surplus

Brazil's port of Santos, in São Paulo Exports from Brazil totaled US$ 5.431 billion last week, another one-week record, according to information disclosed by the Brazilian Ministry of Development, Industry and Foreign Trade. Imports reached US$ 3.993 billion, resulting in a trade surplus of US$ 1.438 billion and bilateral trade of US$ 9.424 billion.

In the accumulated result for the month, shipments reached US$ 17.275 billion, resulting in a daily average of US$ 909.2 million, which equals growth of 41.7% over the average for July 2007.

Imports stood at US$ 13.848 billion, with a daily average of US$ 728.8 million, representing growth of 48.8% in comparison with the average recorded in July last year.

The accumulated surplus so far this month is US$ 3.427 billion, with a daily average of US$ 180.4 million, growth of 18.7% compared with the average for July 2007,and of 39.3% in comparison with the average per business day recorded in June this year.

So far this year, exports have totaled US$ 107.92 billion, representing growth of 26.9% in average daily exports, compared with the same period of 2007.

Imports have reached US$ 93.143 billion this year, growth of 51.3% on the average per business day. The accumulated surplus in 2008 stands at US$ 14.777 billion, representing reduction of 37.1% on the daily average compared with the same period last year.



  • 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Your email address will not be published.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.


You May Also Like

Brazil’s Lula Misses Top Prize of Municipal Elections: Sí£o Paulo

President Luiz Inácio Lula da Silva's ruling Workers Party (PT) appeared to have held ...

Ibero-American Summit Blasts Bush for Wall of Shame. Brazil Leader Is Absent

At the end of the 16th Ibero-American Summit of Chiefs of State and Government, ...

Brazil Reopens Oil Wells Abandoned Due to Low Production

The situation prevailing in the petroleum sector, with demand in frank expansion and petroleum ...

New Laws Will Make Life Easier for Exporters in Brazil

Up to the end of this month, a series of measures to provide incentives ...

Brazilian Satellite Images Are Offered Free to the World

The Brazilian government informs that Egypt will soon start receiving images from the Cbers ...

Wind Energy Gets Big Boost in Brazil

By December, 2006, Rio Grande do Sul, in the Brazilian South, will possess the ...

Favela Residents in Brazil Get Deed to Their Shacks

Brazilian officials said yesterday, September 25, they will begin mapping two labyrinthine Rio shantytowns, ...

Digital and Free Internet Coming Soon to Brazilian TV

High definition image, digital sound, stable signal, interactivity, multiple channels, and the possibility of ...

Brazil, a Global Deadbeat

This is not a new story. Brazil has been here before. International organizations in ...

The revolution of the landless

President Fernando Henrique Cardoso has been slow to honor his promises of settling landless ...