• Categories
  • Archives

Brazil Trade Surplus Reaches US$ 1.6 Billion in 14 Days This Year

Brazil's exports increased 6.96% last week compared with the week before, closing at US$ 2.7 billion. During the same period, imports decreased by nearly the same rate (-6.55%), amounting to a little more than US$ 2 billion.

The data were published today, January 22, by the Brazilian Ministry of Development, Industry and Foreign Trade.

This resulted in a US$ 678 million trade surplus, 88.33% higher than the US$ 360 million trade balance result recorded in the week before last, which, in turn, had decreased 41.65% compared with the first week of the year.

So far, in the 14 business days of the current month, the Brazilian trade surplus reached US$ 1.6 billion, as a result of US$ 7.2 billion in exports and US$ 5.6 billion in imports.

Honey Up

Brazilian honey exports grew 23% last year when compared to 2005. Despite the European embargo on the Brazilian product, international sales totaled US$ 23.36 million.

Shipments totaled 14,600 tons, an increase of just 1.1% when compared to 2005, according to information disclosed by the Sebrae News Agency.

An analysis by the Sebrae Agribusiness Unit shows that the 23.3% increase in the value of Brazilian honey exports in 2006 was mainly due to the 298% increase in sales to the United States.

Last year foreign sales to the United States totaled US$ 17.33 million, which corresponds to over 74% of total Brazilian exports.

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Your email address will not be published.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 Changes the Guard in Haiti

The new commander of the Brazilian troops in Haiti, General João Carlos Vilela, took ...

Brazil Wants US Out of Discussions on Venezuelan-Colombian Dispute

Nestor Kirchner, Argentina’s former president and UNASUR’s (Union of South American Nations) will hold ...

Portugal Backs Brazil for Permanent UN Seat

The prime minister of Portugal, Pedro Santana Lopes, who is on an official visit ...

Amazon’s Belo Monte Dam’s Auction Goes Ahead & Indians Invade Construction’s Site

The bidding process for the controversial Belo Monte Dam project went ahead today and ...

Especiaria by Flávio Chamis

Flí¡vio Chamis Takes Us on a Discovery Voyage Through Brazilian Musical Lands

The mix of classical and popular occurs as a seemingly natural development in the ...

Brazil’s Banco do Brasil Gets Over 5,000 Last-Generation ATMs from Diebold

Brazil's Banco do Brasil is expanding its electronic services with the installation of more ...

Brazil and Turkey As Seen Through IMF Eyes

The First Deputy Managing Director of the IMF, Anne O. Krueger, talks about how ...

In Brazil, AIDS Kills More Blacks than Whites

The campaign, Together with Children and Adolescents – Together We Shall Overcome AIDS! – ...

Brazilian Indians Lose their Roadside Camp to Fire and Are Threatened with Death

A fire has raged through a Guarani roadside camp, in Brazil, forcing the Indians ...

Brazil’s Petrobras Creates Biofuel Division, a US$ 1.5 Billion Investment

Petrobras, Brazil's state-controlled oil multinational, plans to invest US$ 1.5 billion in the biofuel ...