Brazil’s Surplus Grows to US$ 16 Billion for the Year

Brazilian exports added up to US$ 1.108 billion in the first two working days of June, and imports reached US$ 587 million, which generated a surplus of US$ 521 million in the beginning of June.

With this, the surplus accumulated in 105 working days went to US$ 15.985 billion.

The general figures for the trade balance in the first two working days of June were released this morning, June 5, by the Brazilian Ministry of Development, Industry and Foreign Trade and show that the year’s surplus is 1.86% less than the surplus recorded in the same period in 2005.

Total exports in the year reached US$ 50.574 billion, with an increase in 12.44% in relation to the sales last year, while imports added up to US$ 34.589 and increased at a stronger rate: by 20.56%.

ABr

Tags:

You May Also Like

Brazil and Uruguay to Interconnect Their Electric Systems

The governments of Brazil and Uruguay signed a memorandum of understanding yesterday, July 5, ...

Brazil and Cuba: Hugs, Deals and Tears

Brazilian President Lula’s assertion that he would not interfere in Cuba’s internal affairs has ...

Veja cover story on use of Botox by Brazilian President Lula and other politicians

The Secret to Brazil’s Lula Younger Look: Botox

Brazil’s first couple are big fans of Botox. Cued in by first lady Marisa ...

Brazil Says FARC Guerrillas Have Base in Brazilian Territory

According to secret Federal Police reports, extracts of which were published Sunday by daily ...

700 Indians Protest in Brazil’s Capital

Around 700 representatives of 89 Indian ethnic groups from nearly all of the states ...

Brazil’s Drought Made Corn and Soy Harvest Fall

The Brazilian government statistical bureau,  IBGE, reports that the 2004 grain harvest in Brazil ...

New Brazilian Coconut Water Has US Debut in California

Tropical Beverage, a producer and distributor of water-based products, announced that it will soon ...

Anticipating Chemotherapy Effects Lula Goes Bald and Beardless

Luiz Inácio Lula da Silva, the former president of Brazil, famous for his beard ...

Brazil Rebuffs Bolivia and Says It’s as Proud of Petrobras as of Its Soccer Team

Brazil’s Minister of Foreign Relations, Celso Amorim, who is attending the European-Latin American-Caribbean summit ...

US Steel Firms to Ask Duties on Brazil Be Revoked

The Precision Metalforming Association (PMA) will testify before the U.S. International Trade Commission’s (ITC) ...