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Brazil's Surplus Is Already US$ 7 Billion for the Year PDF Print E-mail
Written by Newsroom   
Tuesday, 22 March 2005

Brazilian exports have yielded US$ 21.015 billion between the beginning of the year and last week, where imports added up to US$ 13.924 billion, which resulted in a surplus of US$ 7.091 billion for Brazil.

In the third week of March, the surplus registered was of US$ 683 million, due to shipments of US$ 2.042 billion and external purchases of US$ 1.36 billion.

The information was disclosed yesterday, March 21, by the Brazilian Ministry of Development, Industry and Foreign Trade.

For the month, the value of exports reached US$ 5.815 billion, of imports US$ 3.694 billion and the surplus resulted in US$ 2,121 billion.

There was an increase in 20.5% in the exports daily average in comparison to March last year.

The performance for the month was driven by an increase in 44.7% in sales of semi-manufactured products, especially crude sugar, cast iron, semi-manufactured iron and steel products, sawed wood and iron alloys.

In the manufactured goods category there was an increase in 25.9% in shipments, due to products such as metal wires used in the manufacture of steel cables, wires, screws, nails, springs, etc; transmitting and receiving devices, fuel oils, pumps and compressors, auto parts and engines for vehicles.

Anba

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