Brazil’s Trade Surplus Grows 33% Reaching US$ 44 Billion

From the beginning of the year through last week, Brazilian companies exported US$ 44 billion more than they imported. This positive result (surplus) in the trade balance was announced Monday, December 26, by Brazil’s Ministry of Development, Industry, and Foreign Trade.

The surplus represents a 33.19% increase in comparison with the same period last year, according to the Ministry.

Up to this point, Brazil has exported US$ 116.314, 22.6% more than in 2004 during the same period. Imports have amounted to US$ 72.307 billion, 16.9% more than last year.

Since there are still five business days left to complete the year, the country’s exports are expected to surpass the US$ 117 billion export target set by the Minister of Development, Luiz Fernando Furlan.

Daily exports have averaged US$ 472.8 million so far this year. In December the daily average has been US$ 499 million.

In the week before Christmas (December 19-25), Brazil exported the equivalent of US$ 2.495 billion and imported US$ 1.395 billion worth of goods and services.

This represents a trade flow slightly down from the previous week, but still sufficient to generate a trade surplus of US$ 1.1 billion, raising the surplus for the month to US$ 3.574 billion.

Agência Brasil

Tags:

You May Also Like

Brazil Spends More with Indians, But They Still Have No Voice

An analysis of specific actions in favor of indigenous peoples in the Brazilian budget ...

Amnesty Condemns Gang Attacks in Brazil and Urges Against Police Retaliation

Amnesty International today condemned killings and attacks led by members of the criminal gang ...

Brazilian Arab Community Offers Lula an Arab Dinner in Recognition

Next week, the Arab Brazilian Chamber of Commerce is going to pay homage to ...

Brazil Goes to War

Brazil’s lack of training became apparent when the Brazilian soldiers came under enemy fire. ...

Brazilians, Raise Up and Swear with Me!

Dear friends, attached as a Word document is the news published in today’s (Saturday, ...

Letters

Black awareness I would like to congratulate BRAZZIL – News from Brazil for the ...

Despite Lack of Skilled Workforce and Infrastructure Rio Gets Ready for Olympic-Size Growth

With production of pre-salt oil in ultra-deep waters, the Soccer World Cup in 2014 ...

Brazil’s Deforestation Drops, But It Is Still Impressive

Deforestation in the state of Amazonas, Brazil, between the months of June and October ...

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 ...

Brazilian Minister Criticizes High Interest Rates

Brazil’s Minister of Labor, Luiz Marinho, says he did not like the decision by ...

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