Rio Answers to 11% of All Brazilian Exports. US Is Main Destination

Brazzil Magazine covers

Port of Rio de Janeiro Exports from the state of Rio de Janeiro grew 31.5% in the first half of this year over the same period in 2007 and reached US$ 7.7 billion. The figures were disclosed by the Federation of Industries of the State of Rio de Janeiro (Firjan). The value is record.

Imports into Rio grew even more, reaching US$ 6.371 billion, expansion of 53.3%. The trade balance surplus in the period was US$ 1.397 billion. According to the Firjan, the expansion of exports from the state is above the national average, at 26%.

In the month of June alone, Rio answered to 10.9% of all the country's exports. In June, exports reached US$ 2.029 billion and imports, the record value of US$ 1.413 billion, generating a surplus of US$ 615.1 million. The result was 261.8% greater than in June 2007.

Among the products exported in June, basic ones were responsible for 64.8% of the total, and manufactured products for 28.1%. Oil registered the greatest growth in sales, 226.8% more than in June last year. Foreign sales of the product reached US$ 1.597 billion this month.

Imports in June practically doubled over the same month last year, having grown 98.2%. Fuel imports alone grew 213.6%, and they were responsible for 39.1% of the import basket.

The main destination for exports, both in June and in the year to date was the United States, which bought US$ 760 million in the month and US$ 2.036 billion throughout the year, thanks mainly to oil and natural gas. In the case of imports, apart from the United States, comes Saudi Arabia, each with 19% of purchases from Rio – around US$ 1.2 billion – this year.

Anba

Tags:

You May Also Like

Brazzil Magazine covers

Helping Hand

By Brazzil Magazine What is being done to help favela residents in Brazil and ...

Brazzil Magazine covers

Brazil Blasts US and UN Security Council for Making All Decisions for World

Brazil’s Foreign minister, Celso Amorim, in rebutting criticism of Brazil and Turkey for the ...

Brazzil Magazine covers

Paraní¡, Second State in Brazil Hit by Foot and Mouth Disease

The Executive Secretary of the Brazilian Association of Meat Export Industry (ABIEC), Antonio Jorge ...

Brazzil Magazine covers

Brazil’s Stock Market – the Path to Riches or Rags?

I have just read an interesting book called "Emerging Markets" published by the Economist. ...

Brazzil Magazine covers

Brazil’s Appeals Court Denies Moral Damages Against Cigarette Maker

The 4th Panel of the Superior Justice Court (STJ), the highest Brazilian appeal court, ...