Brazil’s Imports Grow 51% Bringing a 37% Reduction in Surplus

Brazil's port of Santos, in São Paulo Exports from Brazil totaled US$ 5.431 billion last week, another one-week record, according to information disclosed by the Brazilian Ministry of Development, Industry and Foreign Trade. Imports reached US$ 3.993 billion, resulting in a trade surplus of US$ 1.438 billion and bilateral trade of US$ 9.424 billion.

In the accumulated result for the month, shipments reached US$ 17.275 billion, resulting in a daily average of US$ 909.2 million, which equals growth of 41.7% over the average for July 2007.

Imports stood at US$ 13.848 billion, with a daily average of US$ 728.8 million, representing growth of 48.8% in comparison with the average recorded in July last year.

The accumulated surplus so far this month is US$ 3.427 billion, with a daily average of US$ 180.4 million, growth of 18.7% compared with the average for July 2007,and of 39.3% in comparison with the average per business day recorded in June this year.

So far this year, exports have totaled US$ 107.92 billion, representing growth of 26.9% in average daily exports, compared with the same period of 2007.

Imports have reached US$ 93.143 billion this year, growth of 51.3% on the average per business day. The accumulated surplus in 2008 stands at US$ 14.777 billion, representing reduction of 37.1% on the daily average compared with the same period last year.

Anba

Tags:

You May Also Like

Carnaval: Brazil on the Lookout for Child Sex Abuse by Nationals and Foreigners

For the fifth straight year, the “Facing Up To Sexual Exploitation of Children During ...

A Brazilian Hammock Maker Just for Gringos

Everything produced by Jobek, a hammock manufacturer from Fortaleza, city in the northeastern Brazilian ...

My Name is Dilma Rousseff and I’m Running Again for President, Says Brazil’s Lula

Brazilian president Luiz Inácio Lula da Silva said that this coming October election will ...