Brazilian Exports Grow 15% to Over US$ 25 Billion This Year

Itajaí­ port in Santa Catarina state, Brazil Brazilian exports yielded US$ 2.871 billion in the second week of March (from the 5th to the 9th), whereas imports amounted to US$ 2.101 billion, resulting in a surplus of US$ 770 million, at a daily average of US$ 154 million. The data were disclosed yesterday, March 12, by the Brazilian Ministry of Development, Industry and Foreign Trade.

As a consequence, the trade balance for the month reached a US$ 989 million surplus, and the surplus for the year stands at US$ 6.358 billion, as a result of US$ 25,158 billion in exports, which increased by 15% compared with the same period last year, minus US$ 18.8 billion in imports, 25.2% more than in 2006 using the same basis of comparison.

Brazilian exports yielded US$ 10.104 billion in February, a 15.5% increase compared with the same month last year. Imports that month amounted to US$ 7.226 billion, a 21.4% increase. The trade balance recorded a US$ 2.878 billion surplus.

Pará

Exports from the State of Pará, in northern Brazil, increased approximately 40% in 2006, leading to a US$ 6 billion trade balance surplus, a historic record high for the State. Pará ranks eighth in the Brazilian foreign trade ranking, and has the country's third largest trade balance surplus, second only to the states of Minas Gerais and São Paulo, both in southeastern Brazil.

With these figures, Pará is above the national growth average, which was 16.20% in 2006. The data were included in the Balança Comercial Paraense (the trade balance of the state of Pará) study for 2006, and were disclosed recently by the president of the Federation of Industries of the State of Pará (FIEPA), José Conrado Santos.

According to the survey, the main products in the export basket in Pará include minerals, highlighting alumina, the raw material for aluminium. In 2005, alumina exports surpassed US$ 422 million. Last year, sales of the commodity amounted to US$ 922 million, which represents a 118% increase. Other minerals for which exports increased were: copper (71%); aluminium (49%) and pig iron (36%).

Tags:

You May Also Like

Another All-Time High for Brazil’s Shares

Brazilian stocks climbed on a slump in global oil prices, taking Brazilian equities to ...

Brazil’s Catholic Church Blames Government for Environment Activists’ Killing

A Brazilian official from the Catholic social action group, Pastoral da Terra – CPT, ...

OAS Praises Brazil on Indian Lands, But Will Keep Watching

The Inter-American Commission on Human Rights (IACHR) of the Organization of American States (OAS) ...

Brazil Tells the World: We’re Not Giving Up WTO’s Doha Round

The South American bloc Mercosur and the European Union reaffirmed their commitment to reach ...

Amazon: A Record to Be Ashamed of

Producers from the south have invaded the city of Belém, state of Pará, buying ...

A Kinder and Gentler Mercosur, Courtesy of Brazil

Brazil will continue working to eliminate obstacles which have effects on Mercosur junior members, ...

Fed Up With Criticism Over the World Cup Brazil President Lashes Back

Dilma Rousseff, the president of Brazil, responded angrily at criticism voiced by former soccer ...

Land Invasions Grow 47% in Brazil

Data from Brazil’s National Agrarian Auditor’s Office indicate a 47% increase in land invasions in ...

Brazil and Argentina Bury the Hatchet After WTO Treaty’s Clash

Brazil and Argentina ratified their "strategic alliance" on Monday during a business seminar opened ...

Rural Exodus in Brazil High Among Young Women

A survey by Brazil’s Applied Economic Research Institute (Ipea) has found that although the so-called ...