Brazil’s Agriexports Keep Collecting Records

    Brazilian exports reached US$ 2.031 billion last week, down 28.31% when compared to the previous week. Meanwhile, imports increased 6.25%, reaching US$ 1.633 billion.

    As a result, trade balance (exports minus imports) totaled only US$ 398 million, which is 69.3% less then the previous week balance of US$ 1.296 billion. Important: last week had only four business days.

    Trade balance numbers, released this Monday, April 17, by Brazil’s Ministry of Development, Industry and External Trade, show that the year’s accumulated balance reached US$ 11.040 billion, which is an increase of 13.83% over the US$ 9.699 billion registered the same period of last year.

    So far this year, total exports add up to US$ 34.252 billion against imports of US$ 23.212 billion.

    Farm Exports

    Agribusiness sector exports were up 16% in March, compared to March 2005. According to the Brazilian Ministry of Agriculture, the sector’s month’s exports reached US$ 3.979 billion, a record for the month of March.

    Ministry spokespersons explained that the strong performance of some goods "fattened" total exports. For example, soy exports were up 38.8%, sugar and ethanol (up 46.4%), paper and cellulose (up 21.2%), leather and its byproducts (up 15.2%) and meats (up 5%).

    Brazil-Venezuela Cooperation

    The Federation of Industries of the State of Paraná (Fiep) is going to organize business roundtables with more than 100 businessmen from this southern Brazilian state and 40 Venezuelans on Wednesday, April 19, at the Integrated Center for Businessmen and Workers of the Industries of the State of Paraná, in the state’s capital city Curitiba.

    The Venezuelans are interested in selling products in the services sector, as well as in plastics, transportation, aluminum, low income housing, civil construction, foods and petrochemicals.

    However, according to the general coordinator for New Businesses at Fiep, Henrique Ricardo dos Santos, there are also many opportunities for Brazilian entrepreneurs.

    ABr, Anba

    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    Your email address will not be published.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

    Brazil Warns Bolivia: Raise Gas Too Much and We Will Stop Buying It

    The Brazilian minister of Foreign Relations, Celso Amorim, stated today, May 5, that Brazil ...

    Brazil’s Minister Wants End to Visa for Americans

    Brazil’s Minister of Tourism, Walfrido Mares Guia, urged, yesterday, passage of a bill ending ...

    Brazil’s Interest Rates Scare Investors

    Latin American equities tumbled, paced by a fall in Brazil’s market, as investors reacted ...

    Brazilian president Lula drives flexfuel vehicle

    86% of All Cars Sold in Brazil Are Flexfuel Taking Ethanol, Gas or Both

    Auto production in Brazil hit 2.97 million units in 2007, up 13.9% from 2006 while ...

    'Out, Bush. The War Lord' say posters plastered in Brasília, capital of Brazil

    Bush’s First Trip to Brazil to Be Marked by Countrywide Protests

    The President of the United States (US), George W. Bush, will be in Brazil ...

    Brazil’s Corruption Czar Uses Fine-Tooth Comb

    Among the various lotteries in Brazil (and there are many) is one that does ...

    IMF Happy With Brazil’s Performance

    Following a meeting with Brazilian President Luiz Inácio Lula da Silva, Anne Krueger, deputy ...

    Alcântara Launch Center in Brazil

    Brazil’s Space Program Goes On Out of Step with Times and World

    Located in the state of Maranhão, Brazil, the Alcântara Launch Center  made two launch ...

    Brazil’s Chico Buarque Brings to Manhattan His Charm and Wit

    You realize you are sitting in a dominantly Brazilian audience when “The Satanic Verses” ...

    Brazil’s Electricity Sector Ready for 5% Annual Growth

    The Brazilian electricity sector is prepared for the national economy to grow at an ...