Brazil Has Already Exported US$ 98 Billion This Year

    Brazilian cargo trucks

    Brazilian cargo trucks The Brazilian balance of trade recorded a surplus (positive result for exports minus imports) of US$ 1.225 billion in the second week this month, from the 7th to the 13th, a result four times larger than last week's (US$ 305 million).

    The result was the second best this year, surpassed only by the second week of May, when the surplus totaled US$ 1.471 billion.

    Exports during the period totaled US$ 4.295 billion and imports, US$ 3.07 billion. In the first 13 days of the month, exports stood at US$ 7.482 billion, and imports, at US$ 5.952 billion. In comparison with the month of June, imports decreased 12.5% on average per day.

    According to the forecast of the Brazilian Ministry of Development, Industry and Foreign Trade, Brazil should export approximately US$ 190 billion this year. In early 2008, sales were estimated at around US$ 170 billion, as against US$ 158 billion recorded in 2007.

    Data disclosed Monday, July 14, by the Ministry show that exports have totaled US$ 98.127 billion so far this year, at a daily average of US$ 743.4 million, 25.2% more than recorded during the same period last year (US$ 593.6 million).

    Imports currently stand at US$ 85.247 billion, at a daily average of US$ 645.8 million, 51.2% more than the daily average in the same period of 2007 (US$ 427.3 million).

    ABr

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