Brazil Starts Year with US$ 916 Million Trade Surplus

Brazilian exports totalled the equivalent to US$ 3.577 billion up to the second week of January. Exports, in turn, reached US$ 2.661 billion, which resulted in a trade balance surplus of US$ 916 million, according to figures supplied January 17 by Brazil’s Ministry of Development, Industry and Foreign Trade.

According to the Ministry, there has been a 29.5% increase in the daily export average in comparison to January last year. In the case of foreign purchases, the growth was even greater, 32.6%, when compared to January 2004.


In the first two weeks of the year, there has been an increase in all product categories (basic, semi-manufactured and manufactured), in comparison to the daily average for the same period last year.


Sales of semi-finished products were those that grew most, 49.7%, pushed by semi-manufactured products in iron and steel, aluminium in bulk and iron alloys.


Exports of finished products grew 39.9%, pushed by sales of aluminium oxides and hydroxides, flat iron laminates and steel, aeroplanes, refined sugar and engines for vehicles.


The shipping of basic products, in turn, were the ones that grew less, only 2.4%, pushed, mainly, by the export of chicken, coffee in grain, cattle beef and tobacco.


In the case of imports, the largest increases were registered in the purchase of pharmaceutical products, fuels and lubricants, ironworks products, plastics, optic and precision instruments, electric and electronic equipment, mechanic equipment, chemicals and cars.


In the second week of the year, Brazilian exports generated US$ 1.779 billion and imports US$ 1.239 billion, which resulted in a surplus of US$ 540 million. In the first week, the balance had been US$ 376 million.


ANBA ”“ Brazil-Arab News Agency

Tags:

You May Also Like

Brazil to Ban Glamour and Sex in Drinking Ads

The Brazilian federal government intends to be tougher with rules on advertising for alcoholic ...

A Legacy of Rio Olympics: 4,000 Families Evicted

The official website for the Rio de Janeiro 2016 Olympic Games proclaims on its ...

In Brazil’s Current Scandal, Press is Witness, Prosecutor and Defendant

Brazil’s current cycle of accusations did not become a journalism anthology but it is ...

Missing US Teen Found Safe in Salvador, Brazil

Mykensie Martin, 17, an American exchange student who was missing since last weekend, was ...

Brazil Publishes List of 222 Products for Retaliation Against the US

The Brazilian government is getting ready to retaliate against the United States for the ...

The Brazilian Rich Won’t Be Out of Prison Before Misery Is Abolished

At the end of the 19th century, Brazil abolished the slave-ocratic system. As this ...

Rio's Caveirão military vehicle

A World Campaign to Get Rid of the Big Skull, Brazil’s Military Van

Eleven-year-old Carlos Henrique was on his way home when police stormed the Vila do ...

Forget Davos

President Luiz Inácio Lula da Silva should skip the Davos Forum. If he is ...

RAPIDINHAS

The ownership deeds for thousands of rural properties in various Brazilian states were revoked ...

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