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

August 1993

CONTENTS: Cover: We Can do It! Giant Brazil is no lost case (p. 7) ...

Brazil’s Trade Surplus Keeps Bulls Busy

Latin American stocks were mixed, with Brazilian stocks posting modest gains amid positive trade ...

Brazil Spurned by Hollywood

Brazil’s Cidade de Deus was shunned because it did not fit into the make-believe ...

Political Instability Weighs on Brazilian Markets

Latin American markets had a mixed session, with Brazilian shares easing on profit-taking, political ...

What the US and Europe Can Learn From Brazilian Socialism

The crash of 2008 called the World Social Forum’s bluff. For years, the Forum ...

Middle East Orders 11 New Jets from Brazil’s Embraer

Brazilian aircraft manufacturer Embraer announced sales of four new executive jets to clients in ...

Brazil Sees Ethanol as Its New Economic Frontier

Ethanol is Brazil’s new economic frontier, according to Antônio Barros de Castro, director of ...

Madame Satã: Driven by Rage

In Madame Satã, Brazilian director Karim Aïnouz invites the audience to be a fly ...

Best-seller Books, Plays and Movies

All the dirty words you knew existed, but didn’t know where to find. How ...

Brazil’s 2005 Trade Surplus Well Above Expectations: US$ 44 Bi

Brazil’s Minister of Development, Industry and Foreign Trade, Luis Fernando Furlan, told journalists at ...

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