Brazil Expecting US$ 39 Billion Trade Surplus in 2007

Brazil exported US$ 2.607 billion last week, a daily average of US$ 521.4 million, 21.12% less than in the previous week. Imports grew 8.82%, totalling US$ 2.103 billion.

With this, the trade balance surplus (positive result) was US$ 504 million and adds up to US$ 1.053 billion in the seven working days of February.

This information was published in the Ministry of Development, Industry and Foreign Trade bulletin about general trade balance figures between February 05 and 11 and disclosed today, February 12.

The trade balance surplus for the year is US$ 3.546 billion, with retraction of 7.82% over the same period last year. Exports grew 15.09% (reaching US$ 14.892 billion), but imports posted a lower acceleration (24.79%, reaching US$ 11.346 billion).

Market analysts estimate that the trade balance result for the end of the year should be US$ 39 billion at the end of 2007, according to a statement disclosed today by the Brazilian Central Bank.

Tags:

You May Also Like

US Imports from Brazil’s Co-ops Grow 420% in Value and 916% in Volume

The United States, was the main importer of Brazilian cooperatives products last year. The ...

Foreign Investors Keep Selling Brazilian Assets and Stocks Are Down 15% in 2010

Bovespa, Brazil’s  stock index and the real, the Brazilian currency, lost ground for a ...

Depressed with Brazil’s Loss Lula Wants to Skip World Cup Final in South Africa

It seems now that Brazilian president Luiz Inácio Lula da Silva will not attend ...

Brazilian Government Rules Out Blackouts in Foreseeable Future

The president of Eletrobrás – Brazilian Electrical Centrals, S.A. – AloÀ­sio Vasconcelos, ruled out ...

In Brazil 90 Million Have No Sewage Collection

The Inter-American Development Bank (IDB) and Brazil’s Ministry of Cities signed a loan contract worth ...

Brazil’s Environment Minister Wants to See Accords Implemented

The high-level meeting of the 8th Conference of the Parties to the Biological Diversity ...

Brazil Joins 40-Country Network to Fight Bird Flu

Beginning next week, bird flu specialists from 40 countries will be linked through an ...

Indy: Let Brazil Shine

Not only the boys from Brazil, but from all over the world. Formula Indy ...

Brazil Has Already Slaughtered 34,000 Cattle Due to Foot and Mouth Disease

Starting yesterday, May 1st, cattle breeders in 14 states and the Federal District (DF) ...

Gaucho: A Military Van Built in Partnership by Brazil and Argentina

The armies of Argentina and Brazil presented last week in Brazil the first prototype ...

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