Brazil’s Trade Balance Reaches US$ 23 Billion, 5% More than Last Year

Brazilian exports added up to US$ 3.06 billion on the third week of July, a drop in 6.54% in relation to the total exported on the previous week; and imports reached US$ 2.03 billion, a drop in 1.21%.

Even so, the international trade flow yielded a positive surplus of US$ 1.03 billion in the week. The accumulated surplus in the month added up to US$ 3.94 billion, with six days to go to the end of July.

In the year, the trade balance surplus reached US$ 23.47 billion, with an increase of US$ 1.12 billion (5.02%) in comparison to the result registered in the same period last year.

The year’s surplus is the result of exports worth US$ 70.81 billion (+19.24) against imports equivalent to US$ 47.33 billion (+27.66%).

Zebu Breeders

The Brazilian Export and Investment Promotion Agency (Apex) and the Brazilian Zebu Breeders Association (ABCZ) signed this morning, July 24, an agreement for promoting products and services abroad.

The agreement involves actions to encourage exports of bovine semen and embryos, live cattle, veterinary products, animal supplements, pasture seeds, equipments for breeding animals and genetic improvement services.

According to information supplied by Apex, there will be investments of US$ 1.87 million and the aim is to make the participating companies reach an annual exports volume worth US$ 27.7 million up to 2008.

ABr, Anba

Tags:

You May Also Like

Brazil Expecting a US$ 37 Billion Surplus in 2005

Over the last twelve months, Brazil exported US$ 39.875 billion more than it imported. ...

Brazil Tells in Peru What It’s Doing to Reduce Amazon Deforestation

Brazil’s Minister of Environment, Marina Silva, who is participating in an ecological conference (called ...

Brazilian Building Companies Find Opportunities in Lebanon and Egypt

The government of Lebanon wants Brazil to participate in their construction projects. The Lebanese ...

Brazil’s Doesn’t Wish to Be Prosperity Island Surrounded by Misery, Says Lula

A planned gas pipeline that will run from Venezuela throught Brazil, Argentina, Bolivia and ...

Big Challenge for Brazil’s New President Is Going Beyond Lula

“I would like that every father and mother in the country today look at ...

Brazil’s Newest Congress Scandal, the Bloodsuckers, Involves Ambulances

Brazil’s Federal investigators and the police have unveiled a new scam involving members of ...

IMF Checks Brazilian Books. A-OK! It Seems.

Technical experts from the World Monetary Fund (IMF) concluded, yesterday, their visit to various ...

Chile Accuses Brazil of Slamming Doors on Tourism for Its Swine Flu Policy

Brazilian government advice against traveling to A/H1N1 virus flu-stricken Argentina and Chile by people ...

Brazil: Bankrupt Varig Airlines Goes to Auction But Nobody Wants It

NV Participações, a consortium led by workers of Brazilian Varig Airlines was the only ...

Brazil’s Arab Summit Will Decry Terrorism

The final document of Brazil’s Summit of South American – Arab Countries to be ...

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