Brazil’s Surplus Reaches US$ 21 Billion

With exports at US$ 58.466 billion, Brazil’s cumulative trade surplus for the year has now reached US$ 20.990 billion. That has prompted the Central Bank to officially raise its projected year-end surplus estimate from US$ 30 billion to US$ 30.1 billion.

Imports for the year are now at US$ 37.476 billion. The average daily value of exports is running at 39 percent more than during the same period in 2003, and the average daily value of imports is up 31.7 percent.

In the third week of August, Brazil had a trade surplus of US$ 742 million (exports of US$ 2.056 billion and imports of US$ 1.314 billion). For the month, the surplus is US$ 2.461 billion.

Agência Brasil

Tags:

You May Also Like

Brazil Closer to Legalizing Abortion Up to 22nd Week of Pregnancy

A commission created in April to debate changes in the country’s abortion legislation decided ...

Fitch Gives Thumbs Up to Banco do Brasil and Down to Brazil’s Banco Rural

Fitch Ratings, the international rating agency, has today affirmed Banco do Brasil’s long-term foreign ...

Brazil Has to Grow 5.2% in Last Quarter to Reach Government’s Forecast

The economy of Brazil grew 2.5% in the first three quarters of 2006, compared ...

Brazil New Money Is Counterfeit Unfriendly, But Friendly to Blinds

Brazil’s new bank notes of 50 and 100 reais, presented this Wednesday to the ...

While Weaning Out of Bolivia’s Gas Brazil Considers the Middle East

Brazilian oil giant Petrobras is studying the possibility of building units for the conversion ...

Brazil Chasing US Nun Murderers

Brazil’s Minister of Justice, Márcio Thomaz Bastos, assured today that the government will do ...

Coffee Exhibit Travels Across Brazil

The Ministry of Agriculture, Livestock and Supply and the Brazilian Coffee Industry Association (ABIC) ...

Brazil’s Perdigí£o Starts New Unit With and Eye to Europe Tables

Brazilian food company Perdigão is to begin operating a unit in BrasÀ­lia, Brazil’s capital ...

Brazil’s Largest Mining Company Is Under the China Effect

The Rio Doce Valley Company (CVRD) plans to invest US$ 5.3 billion this year ...

41 Brazilians Still Missing in Tsunami Area

The most recent information released by Brazil’s Ministry of Foreign Relations (MRE) indicates that ...