Brazil Surplus Reaches US$ 29 Billion for the Year

Last week, Brazil exported US$ 2.931 billion and imported US$ 2.193 billion, which resulted in a trade surplus of US$ 738 million. The information was released today, August 29, by the Ministry of Development, Industry and Foreign Trade.

During the month shipments reached US$ 11.485 billion, external purchases reached US$ 7.619 billion, resulting in a surplus of US$ 3.866 billion.

In the year’s accumulated value, exports yielded US$ 86 billion, imports US$ 56.9 billion and the surplus in the trade balance is at US$ 29 billion.

Coffee

According to a study by the National Food Supply Company (Conab), Brazil should produce 41.6 million 60 kg bags of coffee this year.  The volume represents growth of 26.2%, or 8.6 million bags more than in the previous harvest, which totaled 32.94 million bags.

Tags:

You May Also Like

Industry Creates 600,000 New Jobs in Brazil

Industry in Brazil was the leader in job creation in the country in 2004. ...

What Brazil Needs Are Real Jobs

The director of the International Labor Organization (ILO) in Brazil, Armand Pereira, affirmed that ...

World Oil Prices and US Interests Send Brazilian Stocks Down

Brazilian stocks an those of Latin American retreated, as investors continued cashing in recent ...

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