Brazil Doubles Exports But Lags Way Behind China

The series of Foreign Trade Encounters, held for the 106th time last Thursday, May 25, in Niterói, in the state of Rio de Janeiro, Brazil, has contributed to the growing evolution of Brazilian exports, in the assessment of Armando Meziat, secretary of Foreign Trade in the Brazilian Ministry of Development.

"When we met for the first time, in 1997, Brazil exported only 5% of what it produced, and transactions were concentrated in certain regions of the country," Maziat observed, adding that "nowadays this percentage has increased to over 10% of domestic production, and the items that are traded are more diversified."

According to the secretary, the volume of Brazilian exports, although small in comparison with other emerging countries, such as China, doubled in the last three years.

Brazil, which averages US$ 20 billion a month in trade flows, including exports and imports, currently ranks 23rd among the world’s largest exporters. The goal for this year, he said, is to raise the monthly value of trade flows to US$ 30 billion.

ABr

Tags:

You May Also Like

Dreaming of Rio, in Tripoli

We have warmed to one another. I now feel it is the moment to ...

Brazil: Which Part of Poor You Didn’t Understand?

The current minimum salary in Brazil is R$ 240 (US$ 80). Official unemployment is ...

Lula Shows the UN a Rosy Picture of Brazil Where Hunger Is on Its Way Out

Brazilian President Luiz Inácio Lula da Silva affirmed today that Brazil is engaged in ...

Brazil Calls Again for a Palestinian State

Brazil’s Secretary of Human Rights, Minister Nilmário Miranda, who will be one of the ...

Being Gay Is Enough to Get you Beaten Up in Brazil

A new incident involving attacks to homosexuals in Brazil have once again made headlines ...

Muslims Intercede for Brazilian Kidnapped in Iraq

The search for the Brazilian engineer, João José Vasconcelos, Jr., kidnapped 11 days ago ...

Experts Lower Brazil’s GDP Growth Expectation to 1.91%

The economy of Brazil is expected to grow 1.91% this year. The forecast is ...

Brazil in the Olympics: Only 4 Golds. Still a Record.

Brazil went back home with 10 medals from the Athens Olympic Games, which ended Sunday, August ...

Brazil Celebrates 72% Drop in Deforestation, Credits It to Green Arch

An area of 247 square kilometers (95 square miles) of Brazilian rainforest was cut ...

Doha, Qatar, Will Soon Be Home to Over 1,000 Brazilians

Seven hundred additional Brazilians will move to Qatar, in the Middle East, by March ...

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