Brazil’s Trade Balance Surplus One Third Bigger than Last Year’s

Brazil export Brazil's trade balance surplus (exports minus imports) in the second week of May 2009 was US$ 505 million. In the period, exports totaled US$ 3.026 billion and imports, US$ 2.521 billion. This information was disclosed by the Ministry of Development, Industry and Foreign Trade.

In the accumulated result for the month, with ten working days, exports reached US$ 5.949 billion and imports, US$ 4.897 billion. The trade balance surplus in the period is US$ 1.052 billion positive in the month.

From January to the second week of May (91 working days) of this year, the trade balance has generated a surplus of US$ 7.774 billion, 34.2% greater than that registered in the same period in 2008. In the accumulated result for 2009, exports totaled US$ 49.448 billion and imports, US$ 41.674 billion.

Coffee Crops

Espí­rito Santo, a state in Brazilian Southeast, is developing a project to improve the quality and productivity of Arabica coffee produced in the state. Last week, at the start of the product crop, the program was disclosed in the city of Iúna, one of the producer regions, to around 2,000 producers.

In the program, called "Renovar Arábica" (Renew Arabica), the government plans to replace older coffee plants for newer, more resistant to time and disease, over a period of 15 years.

"Families in this region have lived off Arabica production for over 160 years and the renewal of the crops is one of the main challenges for the government," said the state secretary of Agriculture, Ricardo Santos.

Espí­rito Santo is Brazil's second main producer of coffee and the sector generates 300,000 jobs in the interior of the state. The "Renovar Arábica" program should be implemented in 49 cities in the state, in an area of 190,000 hectares. It should include over 20,000 small family properties, which involving, on average, 53,000 families.

The target is to renew 100% of the Brazilian Arabica coffee, replacing it for varieties recommended by scientific research and with the use of good agricultural practices. The objective is to double productivity, from 12 bags per hectare to 23 bags, apart from increasing the production from two million bags a year, without expansion of the cultivated area.

Production of the state of Espí­rito Santo represents over 25% of national production. If the production of Arabica coffee alone is taken into consideration, the state is in fourth place in the national ranking, losing only to Minas Gerais, São Paulo and Paraná, answering to 8% of national production of Arabica coffee. Coffee farming is responsible for 43.6% of the Agricultural Gross Production Value (GPV) of Espí­rito Santo.

ABr

Tags:

You May Also Like

On Advice of Counsel

1. President Lula should legalize all immigrants living in Brazil. 2. Should assist Brazilians ...

Brazil Tries to Curb Informality in Mining Sector

Brazilians feel that the participation of small miners is indispensable to Brazil’s economy. This ...

Brazilian Pet Food Maker Gets a Taste of Foreign Market

It all started with an Internet search in Egypt for a Brazilian supplier of ...

Journalist Executed in Brazil with 8 Shots to the Head

International pro-free-press organization Reporters Without Borders voiced dismay on learning that freelance photographer Robson ...

Iraq Has Plenty of Money and Wishes to Do Business with Brazil

The Kurdistan DBX Trade Show began Tuesday, November 11, in Suleimaniya, in Northern Iraq, ...

Beach salesman in Copacabana, Rio de Janeiro, Brazil

Patronizing Brazilians the Politically Correct Way

I have written quite a lot about tourism in Brazil, generally pointing out that ...

It’s War

The violence contained in fictitious budgets, like those of so many of the social ...

3.14 Million in 2009: Brazil Has Never Sold So Many Vehicles

Last year, in Brazil, sales of automobiles, light commercial vehicles, trucks and buses totaled ...

A Unicef Seal to Help 8 Million Poor Kids from Brazil

Brazil’s cabinet ministers, state governors, mayors, NGO and business leaders yesterday launched an unprecedented ...

Left Marches Against Lula and Vows to Stop Brazil with Strikes

Carrying banners and flags, demonstrators taking part in the March against Corruption and the ...

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