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

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

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