Brazil Trade Surplus Falls 11% to US$ 33 Billion

Cargo truck on BR-116 Exports from Brazil totaled US$ 3.419 billion last week, an increase of 11.96% in comparison with foreign sales in the previous week (US$ 3.010 billion), according to a bulletin disclosed this Monday, October 22, by the Brazilian Ministry of Development, Industry and Foreign Trade.

Imports were also greater than in the previous week, having risen from US$ 1.950 billion to US$ 2.950 billion, a 33.89% growth rate.

Thus, the trade balance surplus (exports minus imports) stood at US$ 469 million in the third week of the current month, at an average of US$ 93.8 million per day.

In the week before, the surplus was much higher, at US$ 1.060 billion, due to the reduction in Brazilian purchases of fuels and lubricants, vehicles and parts, optical and precision instruments, steel industry products, and pharmaceutical products.

The accumulated surplus in October increased to reach US$ 2.012 billion, and for the year it stands at US$ 32.959 billion, as a result of total exports worth US$ 126.371 billion, and imports of US$ 93.412 billion. In comparison with the accumulated surplus for the year before, there was a 10.7% decrease in trade surplus.

Tags:

You May Also Like

Brazil: Paraní¡ Port Makes Life Easier for Exporters and Grows

The cargo throughput in the ports of Paranaguá and Antonina (in the southern Brazilian ...

Trash, one of the worse pollutants in Brazil

Forget Bush! Brazil Should Wholeheartedly Embrace Kyoto

"The USA didn’t sign so we shouldn’t do anything." This is the response that ...

Brazilian Food Company Sadia to Open Factory in Russia and the Emirates

Brazilian food sector company Sadia, intends to build a factory in the United Arab ...

New Pictures in Brazilian Jungle Show Tribe of Uncontacted Indians

The movement for tribal peoples Survival International has been divulging pictures taken by Brazil’s ...

City entrance to Monte Verde, in the state of Minas Gerais, Brazil

Monte Verde, Brazil’s Alpine Trap for Tourists, Is Also a Green Gem

If you are unfortunate enough to live among the mayhem and madness of São ...

Apocalypse Then

TV bombarded the air with catastrophic predictions dressed as news that ended by not ...

LETTERS

Yes, there are prosperous and even rich Brazilian blacks. And they are not just ...

Brazil’s Largest Port for Grain to Invest US$ 36 Million

Foreign revenues generated by exports from Paranaguá port, in the southern Brazilian state of ...

Brazil Hopeful the Amazon Will Be Deemed Free of Hoof and Mouth Disease

According to the Brazilian Ministry of Agriculture, Livestock, and Supply, Brazil is about to ...

300 Policemen Take Over Two Rio Favelas. Operation Olympic Clean Up Starts

With the occupation initiated this Monday, November 30,  of the Pavão-Pavãozinho and Cantagalo favelas ...