Brazilian Exports Press Ahead: US$ 43 Bi in Trade and US$ 14 Bi Surplus

Brazil’s exports last week amounted to US$ 2.342 billion, as against US$ 1.271 billion in imports, resulting in a US$ 1.071 billion trade surplus. For this month’s first nine business days, the surplus comes to US$ 1.951 billion.

This year’s trade surplus stands at US$ 14.389 billion to date, 6.05% more than during the same period last year.

This year’s figure is the result of exports worth US$ 43.602 billion (14.5% higher than last year) and imports worth US$ 29.213 billion (19.2% higher than last year).

The general figures for last week’s trade balance were announced Monday, May 15, by the Brazilian Ministry of Development, Industry, and Foreign Trade.

Banco do Brasil

The state-owned Bank of Brazil registered net profit of US$ 1.081 billion during the first quarter of the year. The value means an increase in 142.9% in relation to the same period last year.

The bank’s net assets were of US$ 9.024 billion in the end of March, at current exchange rates, 28.6% greater than that registered in March 2005. Total assets increased by 7.7%, to US$ 124.4 billion.

ABr

Tags:

You May Also Like

Indian Arrogance

What were the significant contributions of our native peoples to this place we call ...

Brazil Taxes as the UK and Delivers as a Banana Republic

During a recent speech at the CDES – the Brazilian Social and Economic Development ...

IMF Checks Brazilian Books. A-OK! It Seems.

Technical experts from the World Monetary Fund (IMF) concluded, yesterday, their visit to various ...

Brazil Coffee Production Falls 16%

Coffee production in Brazil should amount to 32.46 million sacks in the upcoming harvest ...

Brazil Construction Industry Draws Attention in Middle East

Brazil’s participation in the Big 5 Show, the Middle East’s biggest trade show for ...

Brazil Under Siege by Criminal Gang: 77 Killed, 61 Buses Set on Fire

Since late Friday night, May 12, the state of São Paulo, Brazil’s richest and ...

Keeping Your Brazilian Social Security Number Is a Yearly Chore

CPF (Cadastro de Pessoa FÀ­sica – Physical Person Registration), a kind of Social Security, ...

Hurting the Amazon

Currently, there are 165,000 square kilometers of cleared and abandoned lands in the Amazon, ...

Brazil Bank to Finance All Concerning Biodiesel

Brazil’s National Economic and Social Development Bank (BNDES) announced the creation of the Program ...

Brazilian Blind Children Will Finally Have School Manuals in Braille

For the first time in Brazil, all visually deficient students who attend public schools ...