US Is Brazil’s Biggest Buyer Followed by Argentina and China

According to Brazil’s Ministry of Development, Industry and Foreign Trade, in June Brazil’s trade surplus reached US$ 4.082 billion.

Exports closed out the month at US$ 11.435 billion, a record for June, and imports reached US$ 7.353 billion, another record for the month of June.

The biggest buyers of Brazilian goods in June were: the United States with US$ 2.056 billion; Argentina US$ 958 million; China US$ 861 million; Holland US$ 494 million and Germany US$ 458 million.

The cumulative surplus for the first six months of 2006 is now at US$ 19.541 billion.

The ministry reports that Brazilian exports to the Middle East have risen 31.8% this year; to China 33.6%; to Latin America, less Mercosur, 23.4%; to Asia 18.3%; to Africa 16.3%; Mercosur 15.9%, the United States 14.6%; and the European Union 7%.

The ministry says it maintains its forecast for a total trade surplus of US$ 40 billion this year.

ABr

Tags:

You May Also Like

Brazil’s Gol Airline Ranks Second in Corporate Governance

Brazilian Airline Gol was ranked second among non-bank companies in "The Best Governed Major ...

President Lula’s Choices

Pressing problems faces his Excellency President Lula—who will run the central bank By John ...

To Reach Today’s Japan Brazil Needs Annual 5.4% Growth till 2020

To reach 2020 with employment indices comparable to Japan’s current levels, Brazil must create ...

Helio Alves: The Wizard of the Brazilian Keys

Helio Alves is not the kind of pianist that you can pigeonhole into any ...

In Brazil, Chinese President Blames US for Double Standard in Cyberspace

Cyber security was one of the issues raised by Chinese President Xi Jinping during ...

Traveling with a Purpose

Travelers will soon be able to work the ground at a farming settlement in ...

Exchange Rate Hurts Brazil’s Shoe Exporters

Brazilian footwear exports dropped 16% in March, and 11% in the first quarter of ...

Brazil’s Legendary Politician Miguel Arraes Surviving on Hemodialysis

Brazilian Federal Deputy Miguel Arraes, president of the Brazilian Socialist Party (PSB), who became ...

Brazil’s G-22 Group Crumbling

Four Latin American countries have already abandoned the G-22, a group led by Brazil ...

Survey Shows Brazil South’s Industrialists Cautiously Optimistic

The Industrial Entrepreneur Confidence Index (ICEI-RS), measured by the Federation of Industries of the ...