• Categories
  • Archives

Iron and Cars Bring State of Minas, Brazil, Record Exports

The state of Minas Gerais, in southeastern Brazil, exported the equivalent to US$ 1.49 billion in July. This record value is 31.9% greater than the total registered in the month of July 2005.

In the accumulated result for the year, exports from the state of Minas Gerais generated US$ 8.44 billion, 12.6% more than in the first seven months of last year and also a record for the period. These figures were disclosed yesterday (01) by the state government.

According to a statement published by the government of Minas Gerais, the state’s participation in Brazilian exports as a whole reached 11.3%. Still in the first half, the products that were most prominent in the state’s sales were iron ore, vehicles, iron laminates, iron alloys and pulp.

According to the statement, products considered "non traditional" in the trade balance of the state of Minas Gerais also presented a good performance, like toys and games, drinks, milk and dairy products, chocolate, hospital furniture and meats.

In the area of agribusiness, apart from meats, pulp and milk, prominent products include wood, soy and soy oil. Coffee, however, is the main agricultural product exported by Minas Gerais, although sales dropped a little when compared to last year.

The state’s imports, in turn, reached US$ 517.38 million in July. In the first seven months of the year, foreign purchases totalled US$ 2.59 billion, an increase of 21.3% when compared to the same period in 2005. The surplus in the trade balance was US$ 5.85 billion between January and July, 23.26% of the national total.

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Your email address will not be published.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 Expecting 3,000 Importers from 100 Countries at Francal Shoe Fair

Brazil’s International Trade Fair of Shoes, Fashion Accessories, Machinery and Components (Francal) president, Abdala Jamil ...

Brazil Starts Talks on Converting Its US$ 202 Billion Foreign Debt

In July Brazil will begin negotiations with creditor nations to convert part of its ...

Brazil: Sex, Pills and Pregnancy

The Brazilian government wished to see contraceptives more easily available to poor Brazilians. Earlier ...

Civil Construction Grows 12% in Brazil

A news study by the IBGE, Brazilian Institute of Geography and Statistics, the Annual ...

Brazil Wants More Time to Pick a Digital TV Format

Once again the announcement on the digital TV format that Brazil will adopt (or ...

Brazil, Through a Kid’s Eyes

As the years went by, my longing to see all things Brazilian secretly grew. ...

Brazil Publishes List of 222 Products for Retaliation Against the US

The Brazilian government is getting ready to retaliate against the United States for the ...

Venezuela's President Hugo Chavez

Brazil Senate Intent on Blocking Venezuela from Mercosur over TV Shut Down

Despite recent conciliatory gestures between the presidents of Brazil and Venezuela, Brazil's Senate has ...

With Bush Part 2, Nothing Changes Re: Brazil

The United States Ambassador to Brazil, John Danilovich, said today that with the reelection ...