Brazil’s Surplus Reaches US$ 17 billion, 3% Less than in 2005

    Last week’s Brazilian trade balance performance (exports and imports) was inferior to that of the previous week, which had five business days instead of four.

    During the period June 12-18, the daily average of exports and imports dropped 13.87% and 20.78%, respectively, according to data released today, June 19, by the Ministry of Development, Industry, and Foreign Trade.

    During last week’s four business days (Thursday was the Corpus Cristi holiday), the country’s exports totaled US$ 1.910 billion, while imports amounted to US$ 1.256 billion, resulting in a US$ 654 million trade surplus for the week and raising the trade surplus for the month to US$ 1.965 billion.

    The memorandum from the Department of Foreign Trade shows that the cumulative surplus for the year stands at US$ 17.429 billion, 2.6% less than in 2005. Exports, which total US$ 55.256 billion, are up 11.5% this year in comparison with the same period last year.

    At the same time the volume of imports, while it is still lower, at US$ 37.827 billion, has grown at a faster pace, 19.5%.

    Agência Brasil

    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    Your email address will not be published.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

    Americans March All Over U.S. in Support of Brazil’s Landless

    On April 22, demonstrations at Brazilian consulates around the United States, spearheaded by a ...

    The Best Place in Brazil’s Megatown

    A number of readers have contacted me over the last few years asking for ...

    Brazilian ex-Finance Minister Mailson Nóbrega

    Mercosur Is Not Viable as Economic Bloc, Says Brazil’s Former Minister

    "Mercosur has become irrelevant and too complicated, and even more when Venezuela is finally ...

    Brazilian Bras and Panties Go High Tech

    The intimate fashion sector including panties and bras is one that grows the most ...

    Brazil Back in Space

    Ukrania, China, the US, and Russia will participate in the new phase of Brazil’s ...

    Mercedes Benz trucks built in Brazil

    Brazil’s Mercedes-Benz Sells Over 1,000 Heavy Trucks in May, a Record

    Mercedes-Benz Brazil posted record high sales of heavy trucks in the Brazilian market. In ...

    Gene Maps for Three Deadly Parasites Near Completion in Brazil

    Researchers in Brazil say they are close to completing ‘genetic maps’ of the parasites ...

    Brazil Expecting a 5.6% Inflation Rate in 2005

    The forecast presented by Brazilian analysts and financial consultants for the Broad Consumer Price ...

    Steel from Brazil

    Steel in Bulk Production Grows 7% in Brazil

    The production of steel in bulk in Brazil was 3.14 million tons in August, ...