Slow Pace: Brazil Surplus Grows to US$ 10.5 Billion

Renault's LoganBrazilian exports totaled last week US$ 3.534 billion while imports
amounted to US$ 2.326 billion, resulting in a surplus of US$ 1.208
billion. The figures were disclosed by the Brazilian Ministry of
Development, Industry and Foreign Trade.
There was growth of 17.9% in the daily export average, compared with May, and a reduction of 20.2% over June 2008. With regard to imports, there was a reduction of 0.3% over May, and of 38.4% in comparison with June last year.

The trade surplus recorded last week was the highest weekly surplus since the second week of September 2008, according to the ministry.

So far this year, exports have reached US$ 59.018 billion and imports, US$ 48.438 billion, resulting in a surplus US$ 10.58 billion.

Renault 700,000

Renault Brazil announced that it has surpassed the mark of 700,000 automobiles manufactured in the country. The company's factory, in the city of São José dos Pinhais, state of Paraná, started operating in December 1998.

The number 700,000 vehicle to leave the assembly line was a red Sandero Stepway model, the sports version of the compact Sandero hatchback. The company also announced that it has produced more than 100,000 units of the Logan model, a compact sedan launched in mid-2007.

According to a press release issued by the company, the president of Renault Brazil, Jean-Michel Jalinier, stated that the figures attained are an "important indicator, showing that the brand is winning the trust of Brazilian consumers."

Renault's factory in Paraná, according to the release, has a production capacity for 200,000 vehicles per year. Presently, it makes 500 automobiles per day, including the Scénic, Mégane, Mégane Grand Tour, Logan and Sandero models.

Tags:

You May Also Like

Experts Afraid Flu Might Wipe Out Tribe of Uncontacted Amazon Indians

Highly vulnerable uncontacted Indians who recently emerged in the Brazil-Peru border region have said ...

You Don’t Tell Me

According to the report, there are also approximately 4 million kids without a birth ...

In Meeting with Brazilian Leader, Indian Premier Asks for Time-Bomb Action

Brazilian President Luiz Inácio Lula da Silva has been meeting with the leaders of ...

Vale Buys for US$ 3.8 Billion Bunge’s Fertilizer Operation in Brazil

Brazil’s mining company Vale and multinational company Bunge announced the signing of an agreement ...

London Mayor and Other Experts in Brazil for Innovative City Conference

From March 10 to 13, Curitiba, the capital of the state of Paraná, will ...

100 Countries in Brazil for Talks on Corruption and Money Laundering

Brazil’s Minister of Control and Transparency, Waldir Pires, of the Federal Comptroller-General’s Office (CGU), ...

Short Takes Brazilian music releases in the US

Jorge da Silva For many fans here in the US, the term next Brazilian ...

Brazil Wishes Arafat’s Dreams Will Be Kept Alive

The Brazilian government released a note mourning the death of the Palestinian National Authority ...

Brazil Orders US$ 1.2 Billion Deep-Sea Oil Rig from Swiss Firm

Petrobras, the Brazilian government controlled oil multinational, signed a contract with Swiss company Single ...

Brazil’s Presidential Campaign Cannot Start Before July. Do the Candidates Know?

In Brazil, elections are rigidly controlled at least in paper by a Federal Election ...

WordPress database error: [Table './brazzil3_live/wp_wfHits' is marked as crashed and last (automatic?) repair failed]
SHOW FULL COLUMNS FROM `wp_wfHits`