US$ 12 Billion: Brazil’s First Quarter Surplus is a Record

Brazil’s trade balance surplus (exports minus imports) amounted to US$ 3.876 billion in April, 15.73% greater than in March, when the surplus was US$ 3.349 billion.

This positive result raised the overall surplus between January and April to US$ 12.194 billion – an all-time record for the first four months of the year, according to information from the Ministry of Development, Industry, and Foreign Trade.


Last year, when the Brazilian trade balance registered its best performance ever, the surplus for the first four months totaled US$ 8.093 billion. This year’s figure is 50.67% better.


The difference is even more pronounced when April’s results are compared with those of April, 2004, when the surplus came to US$ 1.960 billion. This year’s figure is 97.75% better.


So far this year, Brazil has exported US$ 33.653 billion and imported US$ 21.459 billion.


Since exports have been growing at a faster pace than imports, the surpluses have been setting continual records.


The cumulative surplus for the past 12 months – May, 2004, to April, 2005 – was US$ 37.770 billion – over US$ 10 billion more than the US$ 27.360 billion surplus amassed between May, 2003, and April, 2004.


ABr

Tags:

You May Also Like

Brazil’s Disarmament Campaign Saves Close to 6,000 Lives

Without the disarmament campaign and statute, over 5,563 people would have been fatal victims ...

Brazil: Catholic Church Goes to Court Against Abortion

The National Conference of Brazilian Bishops wants a recent judicial decision to allow abortions ...

Brazil Reduces Benchmark Interest Rate Again. Still 18.5%.

In a unanimous decision, Brazil’s Monetary Policy Committee (Copom) moved ahead on Wednesday, November ...

US Counts on Paraguay to Tame Brazil and Argentina

Two soccer teams played for a spot in the semifinal of the Copa Libertadores ...

Good News for the Blind: Brazil Will Make Braille Typewriters

An agreement between the Brazilian Association to Aid the Visually Deficient, known as the ...

India Chooses Brazil as Theme at Trade Fair

Brazil is the country-theme of this year’s India International Trade Fair (IITF 2004), which ...

Brazil’s Shoemaker Giant Grendene Sells to 85 Countries

Grendene, the greatest shoe manufacturer in Brazil, plans on exporting to another two Arab ...

Brazil Social Movements Want Planting of Eucalyptus Suspended

Brazilian organizations have requested that the planting of eucalyptus in the south region of ...

Brazil's Guarani Indian children eat at school

8,000 Indian Families Risk Starvation in Brazil

Since the beginning of the year, about 110,000 Brazilian families have not been receiving ...

Kids from Brazil. How Cool Are They?

Life in Brazil and in Rio, in particular, tends to be more focused on ...

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