Brazil Exports Reach US$ 112 Billion, Imports US$ 83 Billion

Brazilian exports grow 19% Brazil's trade balance surplus (exports minus imports), in the third week of September, between the 17th and 23rd,  was US$ 414 million, with foreign sales of US$ 3.272 billion and purchases of US$ 2.858 billion. In the month, the trade balance surplus has already reached US$ 2.08 billion.

According to figures disclosed Monday, September 24, by the Brazilian Ministry of Development, Industry and Foreign Trade, in the year to date, the trade balance result has reached US$ 29.593 billion in 183 working days, a reduction of 7.1% in comparison with the first nine months of last year.

Although exports grew 18.9% in comparison with the period from January to September 2006, imports maintained an accelerated rhythm of growth, having risen 32% in the same comparison.

Up to the third week of September, exports have reached US$ 112.3 billion and imports US$ 82.73 billion.

Rio's Record Exports

With export of US$ 1.3 in August, 20.7% over the result in the same month of 2006, a historic record for the month, and imports of US$ 739.1 million, the state of Rio de Janeiro has registered a trade surplus of US$ 599.5 million, 27.8% over the same month last year.

This is the second highest surplus in the state's recorded history, only exceeded by September 2006, which was US$ 702.8 million. The figures disclosed are in the Rio Exporta Bulletin, published by the Federation of Industries of the State of Rio de Janeiro (Firjan).

Foreign sales of the state were powered by the good performance of the mechanical industry, which presented the greatest growth among the sectors researched in August 2006, in the year to date and also in the last twelve months. Alone, petroleum is still the main export product, responsible for almost half of the growth in the month.

In the first eight months of the year, exports from the state of Rio de Janeiro totaled US$ 8.444 billion, increasing revenues in twelve months to US$ 12.848 billion, with growth of 24.5% over the same period in 2006.

Although the greatest contribution in the state's export basket in August came from the machine industry, which posted growth of 941.6% over the month of August 2006, with strong participation of machinery, equipment and installations for general use, oil is still the main export product.

Foreign sales of oil rose 16.4% in the same comparison, and the commodity was responsible for almost half the absolute growth of state exports.

Tags:

You May Also Like

Learning from the Dead in Brazil

People from around the world and from different backgrounds lie together in Brazil and ...

Brazil Is the World’s Top Provider of Public Transplant. Still There Are 63,000 in Line.

Brazilian Health Minister, launched Brazil’s National Organ and Tissue Donation Campaign, Friday, September 23, ...

WHO Denounces: 46 Million Have No Sanitation in Brazil

According to the World Health Organization (WHO) and UNICEF, which yesterday, September 5, published ...

ATW Magazine’s Aviation Award Goes to Brazil’s Embraer

Brazilian Embraer’s Executive Vice-President for Engineering and Development, Satoshi Yokota accepted Air Transport World ...

2010: Brazil’s Exports to Grow 12% and Imports 24%

Exports from Brazil should reach around US$ 170.7 billion in 2010, with growth of ...

Brazilian Industry Urges Bilateral Agreements with US and EU

Due to the impasse in the Doha Rounds of trade negotiations, bilateral and regional ...

Global Food Price Hikes Give 18% Boost to Sí£o Paulo, Brazil, Farm Revenues

The agricultural production value in São Paulo, Brazil, should end the year at 37.7 ...

Brazil’s Politicians Set to Cash in on Oil and Gas Discoveries

As if Brazil was not blessed with a bounty of natural resources it seems ...

Pure Samba

In movies, plays, music, art, and literature, the Brazilian culture continues more alive than ...

Brazil Thanks Chile for Taking In Political Refugees During the Dictatorship

The inauguration of the new President of Chile, Michelle Bachelet, is a signal of ...

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