July Shaping Up as Another Record Breaking Month for Brazilian Exports

    Brazil’s Minister of Development, Industry and Foreign Trade, Luiz Fernando Furlan, stated today that Brazilian exports are once again going to exceed the US$ 10 billion mark that was achieved for the first time in June.

    “We have more and more export records,” stated the Minister, in São Paulo, during the opening ceremony of the Francal, the largest shoe sector fair in the country.


    According to Furlan, Brazilian sales in the month of July are still at an average of US$ 540 million a day and imports continue at a level of US$ 270 million a day.


    This will provide the country a US$ 4 billion trade balance surplus at the end of the month, even with the appreciation of the Brazilian real against the dollar.


    The appreciation of the real is worrying exporters, mainly those in the shoe sector, as Brazilian products end becoming more expensive abroad. Furlan stated, however, that despite the 9% reduction in shoe exports in the first half, there has been a 9% growth in revenues.


    According to the Governor of the southeastern Brazilian state of São Paulo, Geraldo Alckmin, who also participated in the event, the Brazilian shoe sector is an “employment factory.”


    “Many small companies irrigate the economy and add value (to this sector),” he said. “Brazil has all chances of becoming a world leader in the shoe sector,” added the Mayor of São Paulo, José Serra.


    Anba – www.anba.com.br

    Tags:

    • Show Comments (0)

    Your email address will not be published. Required fields are marked *

    comment *

    • name *

    • email *

    • website *

    This site uses Akismet to reduce spam. Learn how your comment data is processed.

    Ads

    You May Also Like

    Real Income Gets Modest Boost in Brazil

    In January, the real average income of workers in the six main metropolitan regions ...

    Brazil’s Lula Gung-Ho on Integrating South America

    In his weekly radio program, Brazilian President Luiz Inácio Lula da Silva highlighted the ...

    Brazilian Army Trains for Arab Summit

    Soldiers of the Brazilian army carried out today a special training to ensure the ...

    Brazil’s Opposition Party Wants Probe of Alleged Cuba Money for Lula

    The Brazilian Social Democratic Party (PSDB) wants Brazil’s Electoral Supreme Court (TSE) to investigate ...

    Worker cuts sugar cane in Brazil

    Brazil’s Ethanol Producers Call the US’s Free-Trade Bluff

    Contrary to the usual outcome of Washington’s subsidies to U.S. farmers, recent grants for ...

    Fears Over New US Fed Chief Shake Brazil’s Stock Market

    Brazilian stocks sank into the red Monday, February 13, as investors anxiously awaited the ...

    Lula: ‘Brazil Is More Than Carnaval and Street Kids’

    President Luiz Inácio Lula da Silva says that there will be money for infrastructure ...

    Brazil beach in Ceará, jangada

    Trying to Create a Travel Culture in Northeastern Brazil Before Olympics

    Brazil’s Ministry of Tourism has plans to expand the regional air grid and improve ...

    Brazil Tourism

    Half a Million Aboard this Season: Cruise Grows 623% in 8 Years in Brazil

    Brazilian tourists by the thousands are enjoying the summer on board beautiful, modern and ...