Brazil’s Surplus Grows to US$ 16 Billion for the Year

Brazilian exports added up to US$ 1.108 billion in the first two working days of June, and imports reached US$ 587 million, which generated a surplus of US$ 521 million in the beginning of June.

With this, the surplus accumulated in 105 working days went to US$ 15.985 billion.

The general figures for the trade balance in the first two working days of June were released this morning, June 5, by the Brazilian Ministry of Development, Industry and Foreign Trade and show that the year’s surplus is 1.86% less than the surplus recorded in the same period in 2005.

Total exports in the year reached US$ 50.574 billion, with an increase in 12.44% in relation to the sales last year, while imports added up to US$ 34.589 and increased at a stronger rate: by 20.56%.

ABr

Tags:

You May Also Like

Brazil’s Opposition Presidential Candidate Chooses Young Lawyer for Running Mate

Brazilian Congressman Indio da Costa of the opposition Democrat’s party was named Brazilian presidential ...

With an Eye to Interests, Brazil Market Goes Black

Latin American markets finished securely in the black, following U.S. market strength. A disappointing ...

Brazil’s Embraer 195 Is Now FAA Certified

The US Federal Aviation Administration (FAA) has issued the type certificate for the Embraer ...

Bolivia Nationalizes Gas and Gets What It Wanted from Brazil

Bolivian President Evo Morales completed his ambitious oil and gas nationalization plan early Sunday, ...

Lula Has Buried Brazil’s Last Hopes

If not maddened by it, whoever bothered to review the statements, interviews, debates, and ...

Brazil to Face International Crisis by Strengthening Domestic Market

In Brazil and Latin American in general stocks marked their own course on Wednesday ...

As President Serra Would Change Brazil’s Relations with Iran and Cuba

José Serra, Brazil’s presidential opposition candidate, promises substantial changes to the country’s foreign policy ...

Brazil Has Over 2000 Former Slaves Communities Barely Surviving

The legalization of land occupied by "quilombola" communities [communities comprising the offspring of runaway ...

Food and Beverage Sector Helps Keep Employment Stable in Brazil

The level of industrial employment in Brazil was stable in July, compared with June. ...

Brazil Says No to Iran Invitation to Join OPEC

The Brazilian government has turned down a formal invitation by Iran for Brazil to ...