Exports Drop in Brazil While Imports Zoom Up

Brazilian exports added up to US$ 2.24 billion in the third week of the month, with a drop in 4% in relation to the previous week. On the other hand, imports registered US$ 1.81 billion, 42.7% more in the same basis of comparison.

With the result, the trade surplus in the week was of only US$ 433 million, or, 59.57% less than in previous week, of US$ 1.071 billion.

With this, the trade balance surplus added up to US$ 2.38 billion in the month, and registers an accumulated value of US$ 14.82 billion in the year.

Total exports add up to US$ 45.84 billion and imports, US$ 31 billion. The trade flow increased in both ways, but while sales increased 13.2%, purchases increased in a stronger rhythm, of 19.4%.

Energy Superpower

Speaking at the inauguration of an experimental biodiesel fuel unit last week in Rio Grande do Norte, president Luiz Inácio Lula da Silva declared that in the 21st century Brazil could become an energy superpower without the need to use nuclear power.

Pointing out that the H-biodiesel fuel being made at the experimental plant was efficient and ecologically-friendly, consisting of a mixture of diesel with vegetable oils, Lula went on to say that in the future the world’s developed nations are going to have to learn to produce biofuels from Brazil.

ABr

Tags:

You May Also Like

Brazil vs. NYT: The Times Misbehaved

The NYT’s arrogant attitude will just harden the attitude of Brazilians who are anti-American. ...

UNESCO Heritage Area in Brazil Hosts Cave Art Congress for 40 Countries

Professionals and lovers of archaleogy from almost 40 countries should arrive in São Raimundo ...

Brazil Approves Release of Monsanto’s Transgenic Corn Under Protests

Brazil's National Biosafety Technical Committee (CTNBio) approved this Thursday, August 16, the commercial release ...

Hell’s End

“We are shutting down what can only be described as an inferno. It has ...

Brazil’s Lula Says Zero Hunger Will Be Big Success When Whole World Adopts It

In his weekly radio program, "Breakfast with the President," Brazilian President Luiz Inácio Lula ...

Frustrated with Brazil, Uruguay and Paraguay Ponder Leaving Mercosur

The months’ long dispute between Argentina and Uruguay over the construction of two pulp ...

Brazil Approves VNS Therapy for Epilepsy

Cyberonics, Inc. announced yesterdat that it received approval from the regulatory agencies in Brazil ...

Arab Share of Brazil’s Export Market Passes 6%

Brazilian exports to Arab countries totaled US$ 4.3 billion in the first half of ...

Brazil on the Verge of Becoming a World-Class Semiconductor Hub

Brazilian authorities announced ambitious plans to establish a semiconductor industry in the Brazilian state ...

Brazil, Haiti Needs Bread Now! Take Your Circus Elsewhere

As soon as the danger dissipated, Nelson Jobim, Brazil’s Defense Minister, showed up at ...