For First Time Ever Brazil’s Exports Surpass US$ 250 Billion

Port of Santos, in São Paulo, Brazil Brazilian exports exceeded for the first time, the mark of US$ 250 billion this year, according to figures released today, December 26, by the Ministry of Development, Industry and Foreign Trade. The record volume of US$ 250.3 billion recorded between January and the fourth week of December is 24% higher than in the past year, which had been 201.9 billion.

The surplus registered in the Brazilian trade balance between December 19th and 25th reached US$ 740 million. In the period, exports totaled US$ 5.286 billion and imports, US$ 4.546 billion. Bilateral trade (added exports and imports) reached US$ 9.832 billion.

According to the Ministry, in the 17 working days of the month (from December 1st to 23rd, Brazil shipped US$ 16.241 billion in products abroad, with a daily average of US$ 965.9 million. In comparison with the same period in 2010, when the country shipped abroad US$ 909.5 million in products each working day, the growth was 6.2%.

The daily import average this month is also greater than in the same period in 2010. Brazil purchased US$ 15.551 billion, or US$ 914.8 million a day. The growth registered by the Ministry was 35.1% over the US$ 677.1 million imported daily by Brazil in December 2010.

Imports and exports grew this year (with figures up to December 23rd) in comparison with the same period in 2010. However, they dropped in comparison with November 2011, when daily exports had totaled US$ 1.088 billion and imports, US$ 1.059 billion. The reductions identified were 11.3% and 13.7%, respectively, in comparison with November.

In the accumulated result for December, the trade balance favorable for Brazil was US$ 870 million. This year, the result is also positive. Exports have already reached US$ 250.333 billion, (with a daily average of US$ 1.017 billion) representing growth of 43.1% over the same period in 2010.

Imports also rose and reached a high of 24.7%, with a daily average of US$ 908.5 million imported per day. In the accumulated result for the year, the total is US$ 223.489 billion.

ABr

Tags:

You May Also Like

Weak US Job Market Gives Boost to Brazilian Stocks

Brazilian and Latin American stocks climbed, as weaker-than-expected U.S. jobs data fueled hopes that ...

Brazil Wants Portugal Help in Mercosur-EU Free Trade Agreement

In Porto, Portugal, today, Brazilian President Luiz Inácio Lula da Silva asked for Portuguese ...

Brazil Wants Light for All Completed by 2009 Instead of 2015

The Brazilian Association of Electric Power Distributors (Abradee) calculates that the electric sector will ...

Brazil’s Scandal du Jour: National Election Board Gets Phones Bugged

The president of Brazil’s National Election Board (TSE), minister Marco Aurélio Mello, is mad ...

In Brazil Electoral Rules Are Strict, But Candidates Know How to Get Round Them

Yesterday, July 19,  was the deadline for the registration of financial committees for presidential ...

Brazilian Ranchers Charged with Destroying Habitat of Uncontacted Tribe

According to Survival International, a group dedicated to the preservation of tribal life, the ...

Brazil: Halloween Holiday Spooks Sí£o Paulo Candidate

Hackers have been at work, changing sections of the City Hall website in São ...

Brazil Coffee Exports Reach Record US$ 3.8 Bi in 12 Months, a 25% Growth

Coffee exports from Brazil totaled US$ 2.72 billion from January to September, representing an ...

Brazil Steps Up Help to Tsunami Victims

The Unicef office in Brazil is receiving donations in money for the Asian tsunami ...

Brasília’s Corruption Case Delayed. Main Witness Also Has Rap Sheet

Brazilian Durval Barbosa, the man who accused some 30 politicians and contractors of Brazilian ...

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