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Despite Increasing Imports Brazil Surplus Reaches US$ 29 Bi

Brazil’s foreign trade flow started September with a surplus of US$ 395 million. It is the result of exports of US$ 746 million against imports of US$ 351 million calculated in only one working day in the month up to now, which was last Friday.

The information was released Monday, September 4, by the Ministry of Development, Industry and Foreign Trade.

With this, the trade balance surplus (exports minus imports) in the year accumulates to US$ 30.02 billion, with an increase of 4.11% over the same period last year, when the surplus was of US$ 28.83 billion.

Brazilian sales to foreign markets add up to US$ 88.91 billion and external purchases reach US$ 58.88 billion.

Although import have grown more than exports, in a rhythm of 21.9% against 15.2% in the year, the trade surplus is still strong and shows signs of passing the record surplus registered last year, of US$ 44.76 billion.

A research released by the Central Bank of Brazil, carried out last Friday with economists of the private sector, projects a trade surplus of US$ 42 billion in 2006.

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